Supply Chain & Fulfillment

Ingka Group acquires Locus to orchestrate global supply chain

Ingka Investments, the investment arm of Ingka Group, acquired Locus, a logistics orchestration platform, to serve as the decision-intelligent layer for its global supply chain operations.

The numbers

  • 50+ vendors Fortune 50 parcel leader evaluated 50+ vendors before choosing Locus.
  • 75% to 92% Weekly execution raised from 75% to 92% after Locus implementation.
  • $14M+ Locus uncovered $14M+ in unused capacity for the parcel leader.
  • 1M+ freight shipments The Fortune 50 network runs 1M+ freight shipments a year.
  • 51 sites The Fortune 50 network operates across 51 sites.

Sources

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