Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Fortna Announces Acquisition of Optricity

Expanding Its Warehouse Optimization, Analysis and Performance Improvement Offering

Fortna Announces Acquisition of Optricity

ATLANTA, GA, February 14, 2022 --- Fortna®, The Distribution Experts™, a leading consulting, engineering services and software company for warehousing and distribution, today announces that it has acquired Optricity, a warehouse optimization, analysis and performance improvement software company. The Optricity management team will join the Fortna organization following the transaction, positioned to serve the newly combined global client base.

Committed to solving the most difficult distribution challenges, the Fortna | Optricity offering will provide clients with an immediate ability to improve the speed and accuracy of order fulfillment capabilities. Leveraging the additive result of the Fortna and Optricity proprietary algorithms, the software offering optimizes picking performance by enabling labor to pick the right SKU at the right time from the right location. The result is responsive order fulfillment that meets the ever-growing demands of today’s eCommerce requirements.


Rob McKeel, Fortna, CEO, stated, “I’m excited to bring together the talented Fortna and Optricity teams, uniting the combined science-based approaches to problem solving. We look forward to partnering with our clients to optimize product placement, improve efficiencies, maximize space utilization and reduce travel within the four walls.” McKeel continued, “The Fortna | Optricity solution will enable companies to enhance the management of daily operations, minimize inventory volatility and amplify their ability to maintain their brand promise of fast and accurate fulfillment – achieving the new normal for distribution success.”

The acquisition of Optricity allows Fortna to further build upon its global presence and expand its offering to its growing global client base. Fortna will leverage the Optricity software experts to expand its Science and Technology Center of Innovation with additional industrial engineering algorithmic expertise and business case acumen. In addition, the growing team of distribution specialists will continue to design and deliver the industry’s leading software to dynamically manage inventory and provide the real-time decision-making data required to optimize performance in client facilities.

Dan Basmajian, CEO, Optricity, stated, “We are excited to join the Fortna family of Distribution Experts and combine a deep bench of talent to elevate distribution processes across the globe. We look forward to infusing positive impact with our algorithm-driven inventory optimization software that delivers improvement to comprehensive operations and enables organizations to meet and exceed ever-changing fulfillment expectations.”

For more information regarding Fortna and its offerings, please visit www.fortna.com.

About Fortna
Fortna partners with the world’s leading brands to transform their distribution operations to keep pace with digital disruption and growth objectives. Known world-wide as The Distribution Experts™, we design and deliver intelligent solutions, powered by FortnaWES™ software, to optimize fast, accurate and cost-effective order fulfillment. Our people, innovative approach and proprietary algorithms and tools ensure optimal operations design and material and information flow. We deliver exceptional value every day to our clients with comprehensive services including network strategy, distribution center operations, material handling automation, supply chain systems, warehouse software design and implementation, and a comprehensive suite of lifecycle services and support.

About Optricity
Optricity creates and supports warehousing analysis, optimization and performance improvement software. To develop its solutions, including the highly acclaimed warehouse slotting application, OptiSlot DC™, Optricity utilizes a blend of warehousing domain expertise, advanced mathematics and software engineering skills. The Platform of planning solutions includes slotting, profiling, integration, simulation, @Ease Warehousing Technologies™ Platform and the Moves Conductor™ for warehousing operations.

https://www.fortna.com/

Recent

More Stories

Vanderlande to Showcase How to Automate Your Warehouse Success at ProMat 2025

ATLANTA– February 5, 2025Vanderlande, the global partner for future-proof warehouse solutions, today invited ProMat 2025 attendees to visit booth #S1503 to learn more about the fully integrated technologies, best-of-breed solutions and comprehensive services available to warehousing operations regardless of where they are in their automation journeys. Vanderlande experts will also present two interactive conference seminars that will draw on real-world examples and lessons learned to show attendees how they can successfully deploy automation for the faster and more efficient warehousing needed to stay competitive and thrive.

Known for providing leading global brands with the most advanced distribution centers (DCs), Vanderlande offers the fully-integrated and comprehensive suite of solutions dynamic retailers, including omnichannel brands and e-commerce companies in the general merchandise, apparel and food sectors, need to excel. The company’s automation technologies encompass the systems, software, robotics and services needed to optimize throughput, order accuracy and storage capacity in the most demanding fulfillment and store replenishment operations.

Keep ReadingShow less

Featured

an illustration of a global network

Container xChange launches free leasing marketplace

Hamburg, Germany, 27 January 2025 –Container xChange, a leading global platform for container trading and leasing, has introduced free access to its One-Way leasing network.

With a free signup, businesses gain access to over 1,000 vetted partners across 4,000+ locations, helping users to access container availability and pricing insights on 10,000+ routes at no cost.

Keep ReadingShow less

Freespace Robotics announces strategic partnership and investment from industry leader Matthews Automation Solutions

PITTSBURGH, PA / CINCINNATI, OH – January 23, 2025 – Freespace Robotics, an innovator in autonomous robotics for material handling and logistics, today announced a strategic partnership and investment from the Automation Solutions business of Matthews International Corporation (NASDAQ:MATW), a leading provider of warehouse automation software, controls, and order fulfillment systems. This partnership combines Freespace Robotics’ groundbreaking high-density, dynamic storage cube with Matthews’ industry-leading software, unlocking transformative capabilities for warehouse and last-mile operations.

Freespace Robotics’ pioneering solution leverages advanced robotics to deliver high-turnover, small-footprint, high-rise AS/RS (Automate Storage and Retrieval System) technologies. These innovations incorporate traditionally external conveyor functions – such as sortation, sequencing, each-picking, order buffering and pre-staging – into a seamless end to end operation. Combined with Matthews robust software suite and dashboard, which unify product information and inbound and outbound material flows, the Freespace solution offers unmatched versatility across diverse industries and specialized workflows. Together the companies are poised to strengthen core processes and improve KPIs for efficiency, scalability, throughput and cost-effectiveness.

Keep ReadingShow less

Armlogi expands shipping capabilities with Amazon Shipping integration

WALNUT, CA, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Armlogi Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, today announced the integration of Amazon Shipping into its suite of shipping solutions. This new addition is expected to enhance Armlogi’s shipping capabilities, providing customers with more efficient and cost-effective options for parcel delivery.

Since its launch last week, Amazon Shipping has already enabled Armlogi to handle thousands of parcels daily. This service supports Armlogi’s commitment to offering versatile, reliable logistics solutions by ensuring timely pickup and delivery for a broad range of customer needs. Amazon Shipping is particularly noted for its efficiency and cost-effectiveness, making it an attractive option for businesses looking to optimize their shipping and distribution strategies.

Keep ReadingShow less
Dematic Announces Recipients of Second Annual STEM Scholarship Program

Dematic Announces Recipients of Second Annual STEM Scholarship Program

GRAND RAPIDS, Mich. – Jan. 8, 2025 – Dematic is proud to announce the recipients of its 2024 Dematic STEM Scholarship Program, presented in partnership with Grand Rapids Community College (GRCC). In its second year, this program highlights Dematic’s commitment to cultivating science, technology, engineering, and mathematic (STEM) innovators and its strong ties to the Grand Rapids community.

As a supply chain automation and software solutions provider, STEM is a core component of Dematic’s business. By supporting STEM students, Dematic is empowering the next generation of supply chain automation leaders.

Keep ReadingShow less