Körber Supply Chain Software, a joint venture between Körber AG and KKR, and leader in end-to-end supply chain solutions, today announced the completion of its acquisition of MercuryGate International Inc., a leading provider of transportation management systems (TMS). This milestone acquisition is one of the largest in the supply chain software industry this year, adding approximately 25 percent to Körber Supply Chain Software’s annual net revenue.
It significantly enhances Körber Supply Chain Software’s vision for providing solutions across the entire supply chain in one suite to deliver higher efficiency and visibility from initial order (order management) to warehouse (warehouse management) through transportation to door (transportation and freight), reducing planning siloes and accelerating issue resolution for better customer and business outcomes. With the expanded data and insights from across the supply chain execution suite, customers will find new opportunities for operational innovation and enhanced decision-making capabilities.
"The acquisition of MercuryGate is a significant accelerator to provide our customers with the flexibility to choose best-in-class products or integrated suites that best meet their specific operational and business needs,” commented Ed Auriemma, CEO at Körber Supply Chain Software. “Our commitment is to meet our customers where they are to create the future they need, understand their unique challenges and deliver solutions that solve today's issues while anticipating tomorrow's opportunities."
Today, Körber Supply Chain Software also announces Tim Moylan as the Company’s first Chief Commercial Officer and Beth Hendriks as new Chief Technology Officer. “We are delivering resilient operations with enhanced visibility and control that will help our customers innovate to drive growth in their businesses,” added Auriemma. “With the addition of Beth and Tim, we can boost our commitment to helping our customers navigate the complexities of modern supply chains with confidence and grow as our customers grow.”
Tim Moylan will lead and scale Körber Supply Chain Software’s global sales and demand generation organization. He brings more than 30 years of experience in leading, building, and growing high-performing sales and marketing teams. He most recently served as the Executive Vice President of Sales and Marketing at TechnologyOne, Australia's largest enterprise SaaS company. Before this, Tim held senior executive leadership positions, including President of the Americas at Microfocus and President of APAC at Infor. He has worked with global enterprise technology companies such as HP and SAP, where he made significant contributions to and led growth initiatives across all sales channels in each role.
"I’m excited to join Körber Supply Chain Software at this pivotal moment," added Moylan. "Integrating the TMS from MercuryGate expands our capability to deliver precise, efficient logistics solutions worldwide. With the expanded solution suite, we can reaffirm our commitment to being more than just vendors – we are partners invested in our customers' resilience and adaptability as they grow."
Beth Hendriks, the current Chief Technology Officer at MercuryGate, has been appointed as Chief Technology Officer at Körber Supply Chain Software to maintain a strong focus on research and development and provide robust technology that ensures rapid feature delivery and a faster time to value through implementation. Beth brings more than 30 years of experience accelerating R&D and delivering product roadmaps with a customer-centric focus. She joined MercuryGate after a successful career at Oracle as a cloud strategist and business architect. Before that, she was SVP and Chief Technology Officer at SciQuest/JAGGAER.
"Our combined solutions drive our ability to be at the forefront of supply chain execution. By bringing the companies together, we are better positioned to innovate and deliver robust and flexible solutions to adapt to our customers' dynamic needs. I look forward to leading our tech teams to push the boundaries of what our software can achieve," added Hendriks.
To find out more about this new approach here.
Press release 01 October 2024