Supply chain design software Optilogic announces it has acquired INSIGHT, a software provider with a formidable history of more than 40 years in the supply chain design space serving some of the most illustrious companies in the world.
INSIGHT software was an early leader in supply chain optimization and the first to offer an end-to-end detailed network optimization tool. The company was one of the first to deploy MIP solvers in daily and weekly planning applications and pioneered integrated transportation routing algorithms with network design. Its flagship solution, SAILS, introduced supply chain vulnerability analysis long before supply chain risk mitigation became ubiquitous.
"We have the greatest respect for what the INSIGHT team has accomplished and delivered over many years; they changed the industry for the better—permanently," says Don Hicks, CEO at Optilogic. "We are honored to have been selected to carry INSIGHT's legacy forward and serve their long-standing customers; we take the responsibility very seriously."
Key Takeaways:
- INSIGHT co-founder and CEO Jeff Karrenbauer will continue to provide wisdom and guidance in the path forward.
- The Optilogic Cosmic Frog supply chain design solution is 100% SaaS-based for easy access and collaboration and uses hyperscaling technology to allow hundreds of models and scenarios to run in parallel, including automated sensitivity analysis at the click of a button.
