Sept 09, 2016: Oracle has signed an agreement to acquire LogFire, a provider of cloud-based warehouse management applications on September 6, 2016.
LogFire's built-for-the-cloud solution provides an integrated warehouse, inventory and workforce management platform that easily scales with increased volume and complexity.
The addition of LogFire will complement the logistics functionality of the Oracle SCM Cloud by adding cloud-based warehouse management capabilities.
Supply chain organisations are under enormous pressure to capitalise on evolving business trends such as omni-channel fulfillment, integrated logistics and dynamic sourcing, while simultaneously increasing efficiency and reducing costs.
To meet these challenges, Oracle Supply Chain Management (SCM) Cloud offers a broad suite of innovative applications that enables organisations to modernise their supply chain processes.