Demand management firms merge

Demand management software company Comergent has acquired product information and inventory management IT developer Profile Systems. The pair say that their combined systems will help to improve order management processes from end to end, citing benefits as reduced order errors, lower selling costs, faster time-to-market, and increased sales revenue. “As the economy recovers, businesses are once again turning to technology to support the increasing traffic in their sales and distribution channels,” says Jean Kovacs, president and CEO at Comergent. “This strategic acquisition will deliver significant benefits in costs savings and revenue generation to our customers.” Indeed, the firm reckons that by implementing Profile Systems’ software, users typically see cost savings equal to 1% of sales. Beyond that it says its automated replenishment software results in increased inventory turns, improved service levels, and greater profitability.