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August 02, 2015 7:25 PM ET

Internet Software and Services

Company Overview of GT Nexus, Inc.

Company Overview

GT Nexus, Inc. develops and operates a cloud-based business network and execution platform for global trade and supply chain management. Its platform offers products and solutions, which include supply chain intelligence, such as supply chain visibility, inventory management, transportation management, procure-to-pay, supply chain finance, and factory management analytics; supply chain visibility solutions, including in-transit, production, on-hand, and cost visibility; and supply collaboration solutions, including supply planning collaboration and tier 2 collaboration. The company also provides procure-to-pay solutions, such as order collaboration, invoice management, payment management, de...

1111 Broadway

5th Floor

Oakland, CA 94607

United States

Founded in 1998

Phone:

510-808-2222

Fax:

510-808-2220

Key Executives for GT Nexus, Inc.

Chief Executive Officer and Director
Age: 57
Co-Founder and Chairman of the Board
Founder and Chief Marketing Officer
Chief Financial Officer
Chief Operating Officer
Compensation as of Fiscal Year 2015.

GT Nexus, Inc. Key Developments

Billabong Selects GT Nexus for Supply Chain Transformation

GT Nexus announced that global surf brand Billabong, and its family of brands, is positioning its supply chain on the GT Nexus platform to support transformation of its wholesale and retail businesses. Billabong will connect suppliers and trading partners in a cloud based network to facilitate and automate processes for supply chain financing, order collaboration, invoice management, in-transit visibility and payment management. Deployment of GT Nexus is part of a larger global initiative at Billabong to obtain real-time supply chain visibility to drive retail and wholesale business growth.

Nexus Reportedly Explore Options

GT Nexus, Inc. is considering strategic alternatives. Morgan Stanley has been hired to explore options for GT Nexus that could include a sale or initial public offering, according to people familiar with the matter. In a sale, GT Nexus is likely to be valued at more than $800 million the price at which it recently received a bid, according to one of the people.

Topson Downs Selects GT Nexus to Support Strategic Supply Chain Initiatives

GT Nexus announced that Topson Downs has selected the GT Nexus platform to standardize supply chain workflows, improve visibility and support rapid growth. Automated processes for purchase orders, invoices, settlements, ASNs, packing and scanning and work-in-process tracking will enable Topson Downs to handle heavier order volumes, including smaller and more frequent orders, without adding staff or resources. Placing its supply network in the cloud provides Topson Downs with a collaborative infrastructure to increase direct sourcing. The agility of a cloud platform will also help streamline integration processes following Topson Downs's recent acquisition of the Rachel Roy brand, which plays a key role in its exclusive relationship with Macy's.

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