G-Log

Global Logistics, Inc. (G-Log)
Private
Industry Transportation management system & Supply chain management
Founded 1999
Headquarters King of Prussia, PA
Website www.g-log.com (archive)

Global Logistics Technologies, Inc., more commonly known as G-Log, was a privately held startup company based in King of Prussia, Pennsylvania and Shelton, CT, United States. The company provided logistics software and services for manufacturers, third-party logistics service providers, and electronic marketplaces.[1]

History

The company was founded in May 1999 by vice chairman Tim Sensenig convincing two competitors of TMS (Transportation management systems) to join forces, James Mooney, Karl Baker and Marybeth Roberts formerly of Manugistics and Mitch Weseley formerly of Weseley Software. Mr. Sensenig provided the initial funding, made the first software sale to FedEx for $2.3 million and closed the second round of funding with FedEx and Michael Glenn EVP FedEx joined the board. By 2002 the company was reporting that it had ten consecutive quarters of revenue growth.[2] Mr Sensenig was recognized in 2005 at SCM World for creating G-Log the most innovative technology company and the market leader of 3PL software.

The financial terms of the takeover were not disclosed.[3]

G-Log was acquired by Oracle Corporation in November 2005. At that time, the CEO was David Cairns. Rick Jewell, Oracle senior vice president of applications development, said in a statement: "The acquisition of G-Log will allow Oracle to offer a comprehensive supply chain and logistics management solution through which companies can better manage their global supply chains."[citation needed] At the time of the takeover G-Log had a staff of about 175 and customers including GE, Exel Logistics, DuPont, Halliburton and Family Dollar Stores.[2] More than 50% of these customers used Oracle applications.[3]

Global Command and Control Center

Their leading product, GC3 (Global Command and Control Center),a transport management and freight optimization system began development in 1999.[2] Following acquisition of the company by Oracle, the GC3 product was renamed to OTM (Oracle Transportation Management).[3]

See also

References

  1. ↑ Hoover's Online staff: "Global Logistics Technologies, Inc. Company Profile", Yahoo Finance
  2. 1 2 "Upgrade from G-Log". Supply & Demand Chain Executive. 2002-07-16. Retrieved 2008-03-22.
  3. ↑ "Oracle Lifts Lid On Transportation Management". InformationWeek. 2006-02-07. Retrieved 2008-03-22.

External links

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