Savoye, a French vendor of warehouse management system (WMS) software, has acquired fellow French company SoCloz, a provider of digital omnichannel platforms (SaaS) for bricks-and-mortar stores. The takeover adds omnichannel retail solutions to Savoye’s already broad portfolio of supply chain products.
Savoye’s acquisition of SoCloz is a continuation of its development and growth strategy for its intralogistics business. Founded in 2012, SoCloz has equipped more than 30,000 stores in 18 countries. The digital platform supports omnichannel retail, both online and in stores, by combining three systems: a check-out system, in-store omnichannel order management, and an order management system (OMS) to manage in-store orders.
Opportunity to emerge from global retail crisis
“The advent of omnichannel is one of the keys to emerging from the global retail crisis,” says Jérémie Herscovic (pictured, left), SoCloz’s founder. “It completely changes the idea of in-store software as check-out systems will be replaced with a new, more comprehensive type of software capable of handling all in-store transactions. SoCloz’s aim is to become one of the leading in-store software editors.”
This acquisition will enable the implementation of many synergies, including product synergies designed to solve retailers’ supply chain issues related to the ramping up of their omnichannel strategies and their need for 360° logistics flow management. The takeover will also accelerate SoCloz’s international marketing via Savoye’s sites in the USA, the UK, Germany, Italy, the Netherlands, China and Russia.
“This agreement benefits SoCloz in multiple ways as it will allow the company to upgrade its platform more quickly and market it internationally in the short term,” continues Jérémie Herscovic. Rémy Jeannin (pictured, right), CEO of Savoye, states that the addition of SoCloz will enable the company to more broadly meet its clients’ supply chain management needs, covering both distribution centres and points of sale. “This cross-disciplinary approach is a key component in the evolution of our business and our development strategy,” comments Jeannin.