Ecommerce stores warehouse

Warehouse software company Made4Net snags Zethcon

Private equity firm Thompson Street Capital Partners (TSCP) announced Friday, June 10 its holding company Made4net had acquired warehouse management software maker Zethcon.

According to a Press release, Zethcon’s cloud-based product platform is designed for the third-party logistics (3PL) market, while Made4net provides supply chain execution and warehouse management system software (WMS) cloud-based. The terms of the contract are not disclosed.

“Combining Zethcon’s decades of experience delivering best-in-class 3PL WMS solutions with Made4net’s WMS product leadership in a wide variety of end markets that extend beyond 3PL, creates a best-in-class warehouse software that serves an impressive global 3PL and non-3PL blue-chip footprint, spanning virtually every industry,” TSCP said in the release.

Zethcon’s flagship project, Synapse WMS, helps 3PL and cold chain customers improve the speed, accuracy and efficiency of their operations with real-time inventory visibility, expanded e-commerce capabilities and order management.

“The continued growth of e-commerce and omnichannel is massively disrupting internal supply chain operations and distribution requirements for outsourced 3PL operators,” said Tom St.Geme, vice-president of the TSCP. “The combination of Zethcon and Made4net creates a world-class WMS software provider with innovative solutions tailored to mid-market needs; it now enables 3PL and non-3PL customers to modernize their supply chains through automation and real-time visibility.

As part of the transaction, Chris OechselPresident and CEO of Zethcon, will join Made4Net as President of 3PL.

Learn more: Ushering in a new era of smart storage

As PYMNTS noted last year, the warehouse industry is under severe pressure due to the rise of e-commerce in B2C and B2B businesses and the shift to direct-to-consumer selling.

For several years, the rise of Industry 4.0 has sparked discussions about how sophisticated supply chain technologies like the Internet of Things, voice commands and artificial intelligence robots can increase the warehouse efficiency. But moving to these often complex tools isn’t always easier, and adoption frictions can get in the way of supply chain modernization.

“Today we truly are in a world where customers are looking for convenience, and they want it now,” Brandon Black, vice president and general manager, supply chain at Ivanti, told PYMNTS. “I don’t know if we ever come back from this.”

——————————

NEW PYMNTS DATA: THE CUSTOM PURCHASING EXPERIENCE STUDY – MAY 2022

About: PYMNTS’ survey of 2,094 consumers for The Tailored Shopping Experience report, a collaboration with Elastic Path, shows where merchants are succeeding and where they need to up their game to deliver a personalized shopping experience.