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Material Handling Headlines

Austin, TX -- TAKE Supply Chain (formerly ClearOrbit), announced the acquisition of the product division of privately-held, El Paso, TX-based, PSI Software, Inc.. In March, the two companies partnered to provide a solution to manufacturers importing and exporting large quantities of goods and components across the U.S., Canada and Mexico. The acquisition will expand the global trade management solution beyond its current North American Free Trade Agreement (NAFTA)-focus to managing compliance and trade requirements worldwide.

Based on both companies’ experience working with large manufacturers and distributors, they expect the acquisition to yield supply chain efficiencies and cost savings for organizations producing goods for international trade. By combining PSI’s customs compliance automation and global trade management technology combined with TAKE Supply Chain’s data collection automation, supplier collaboration and track, trace and control capabilities TAKE hopes to provide a complete audit trail and supporting documentation to ensure proper customs compliance.

Read the full story at joc.com.

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