AUSTIN, Texas — Epicor Software Corp. has acquired Elite EXTRA, a provider of cloud-based, last-mile delivery solutions.
The acquisition will bolster Epicor's ability to help customers simplify last-mile logistics and compete more effectively in a hyper-competitive market, Epicor said.
Financial terms were not disclosed.
"Getting the right parts and products to the right place at the right time is essential in today's marketplace. More and more, it's all about make, move, sell … and deliver," Epicor CEO Steve Murphy said.
"We are thrilled to welcome Elite EXTRA as part of the Epicor team, adding advanced last-mile delivery capabilities to help our customers simplify, streamline, and strengthen their logistics operations."
Epicor said the acquisition will complement and strengthen its ability to advance last-mile logistics and solve supply-chain challenges for customers across its vertical industries.
Epicor said the Elite EXTRA portfolio provides several benefits and features, including:
- Simplify last-mile delivery logistics with an end-to-end logistics management solution for multiple logistics operations.
- Streamline and scale operations with an extensive delivery network, using the most efficient and cost-effective ways to deliver products. A pre-connected network enables customers to take advantage of third-party fleets, such as DoorDash, Uber, Roadie and Point Pickup. Customers manage delivery options by preference or automated business rules such as speed, price or priority fleet agreements.
- Strengthen reverse logistics and automate returns by streamlining and providing enhanced visibility into the entire returns process. The solution helps to reduce the cost of returns and accelerates the pickup, validation/authorization, and credit issuing process.
The Elite EXTRA portfolio is built on a service-oriented architecture to scale and integrate with ERP, POS and eCommerce systems. The platform is already integrated with Epicor Vision, the company's automotive parts distribution management platform.
In the future, it will be integrated with other Epicor ERP platforms and industry productivity solutions across the Epicor Industry ERP Cloud portfolio.
"Like Epicor, we have built our company with a customer-centric mindset in delivering the innovative, purpose-built solutions our users need to solve their biggest supply chain challenges," Elite EXTRA President and Founder Jim Ward said.
"We are excited to continue that mission, and we look forward to expanding our resources in joining the Epicor team to help customers across industries optimize and streamline their delivery operations."