ToolsGroup Acquires Onera to Expand Retail Platform Capabilities

0
9

ToolsGroup has acquired Onera to expand the retail platform’s capabilities from planning to execution by adding Onera’s inventory availability and fulfillment to its retail planning suite.

The supply chain planning and optimization software provider said the combined offering will give retailers crucial visibility into inventory as well as the ability to optimize planning and fulfillment, according to a press release.

“Amid today’s demand and supply crises, retailers need flexible and resilient supply chains to keep customer satisfaction high and minimize costs,” ToolsGroup CEO Inna Kuznetsova said in the release. “Onera is an excellent complement to ToolsGroup’s strong retail and supply chain planning capabilities, and we are delighted to welcome this innovative team as part of our company.”

“Onera is excited to join the ToolsGroup team to accelerate our vision of end-to-end supply chain visibility and intelligence,” Sahil Gupta, CEO and co-founder of Onera, said in the release. “Real-time inventory visibility provides the agility and flexibility needed to create the seamless omnichannel experience that today’s customers crave. Together, we can leverage this visibility to optimize and automate the entire supply chain — from planning to execution.”