Merged GNX and WWRE take on new name in Agentrics
GNX and the WorldWide Retail Exchange, providers of Internet-based supply chain services to retailers, have completed their merger under the name of Agentrics LLC, the new organization said today.
Agentrics represents 50 retailers and thousands of suppliers, offering services including global data synchronization, supply chain collaboration, and the exchange of POS data between retailers and their suppliers.
“As investors and customers, we regard Agentrics as a trusted agent for enabling our collaborative interactions with suppliers,” said Eric Reiss, CFO at Carrefour, member of Agentrics’ board. “Agentrics is in a privileged position to leverage their unique insights into our business requirements and deliver high value-added solutions across the retail supply chain.”
“We are delighted to announce the closure of this deal and have already made great strides in the integration of the two businesses,” said Kevin Smith, Agentrics board member and senior vice president, supply chain and logistics, CVS/pharmacy. “Our members on both sides are eager to leverage Agentrics’ expanded solutions platform and collaborate to significantly improve the pace of standards creation and solutions adoption.”
Agentrics will operate dual headquarters in Alexandria, VA, and Chicago.
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