Combined entity features the industry’s most in depth offer chain logistics visibility and stability solution, taking care of chance all through the world wide cargo journey
AUSTIN, Texas, Feb. 7, 2023 /CNW/ — Overhaul, a computer software-based, provide-chain visibility, chance, compliance, and insurance policies resolution for the world’s major makes, has concluded the acquisition of SensiGuard® safety products and services from Sensitech®. With this addition, Overhaul normally takes a commanding share of the supply chain security industry and cements its placement as the leader in shielding and optimizing world wide provide chains.
“This is a transformative acquisition for Overhaul,” mentioned Barry Conlon, Founder and CEO of Overhaul. “It expands our international footprint, provides hundreds of several years of mixed source chain practical experience to our staff, and brings an remarkable roster of global consumers less than our umbrella. With this acquisition, we are not only the most significant supply chain protection service provider, but the most detailed offering necessary resilience with instant corrective action. Our system spans visibility, chance, compliance, and insurance and is properly positioned to assist our customers safeguard their cargo and uncover efficiencies and chances on a worldwide scale.”
The acquisition extends Overhaul’s world-wide footprint, adding proven places of work in Brazil, Mexico, and Czech Republic. The firm now has the similar stage of infrastructure across North The usa, Latin America, and Europe, escalating its means to control certainly world wide supply chains. The deal also expands Overhaul’s ebook of company, incorporating some of the greatest names in tech, pharma, and other logistics services suppliers.
Cargo theft proceeds to be an ongoing concern plaguing worldwide shippers as burglars regulate their practices and focus on significant benefit items, the will need for further security to secure in-transit cargo is paramount. With the addition of SensiGuard, Overhaul will give a strong visibility engine and 24/7 chance monitoring capabilities, offering shippers with a thorough, actual-time alternative for mitigating the challenges associated with theft, harm, chain of custody, and other cargo security threats no make a difference where by the load may well be in the course of the world.
“This acquisition is a gain for our clients and our employees,” stated Mark Serafine, Handling Director, SensiGuard. “Our buyers and substantial benefit shippers will now have access to a much more extensive set of solutions across cargo stability. We’re observing greater desire amidst severe integrity worries, and we now have the major workforce of world-class offer chain stability industry experts addressing these challenges. With each other with Overhaul, we’ll advance and provide the precious technologies to cut down reduction ratios and streamline source chains.”
The offer also much more than doubles Overhaul’s headcount, incorporating around 350 staff who support SensiGuard services, bringing an remarkable depth of experience and talent in assisting businesses choose control of managing their source chain threat. SensiGuard’s achievement is designed on a basis recognized by the exact same management who will join Overhaul and keep on to elevate the firm’s technological innovation and assistance.
“SensiGuard’s verified track report as a top electronic freight security assistance for much more than two many years speaks for by itself,” reported David Broe, Main Running Officer of Overhaul. “Cargo theft is a multi-billion greenback industry and that is just one of the several escalating risks to cargo security and integrity that international shippers and logistics suppliers are grappling with on a day-to-day foundation. It is vital that service providers not only maintain speed, but stay in advance with greatest procedures and prevention protocols to satisfy the challenges of maritime and street transport. With our blended experience, we can better provide a world-wide market place faced with unprecedented chance.”
Established in 2016 and headquartered in Austin, Texas, Overhaul is the only device-agnostic provide chain visibility and threat administration computer software company. As the world wide chief in in-transit provide chain possibility management, Overhaul transforms authentic-time visibility into chance management, compliance, and insurance plan methods for its companions. Its software program-based mostly technique provides high configurability and efficient time-to-price to provide-chain corporations without having weighty tech. Overhaul is a reliable service provider for Fortune 100 organizations relocating freight globally throughout industries, this kind of as pharmaceutical and healthcare, technological innovation, logistics, and foods and beverage. Consumers include Microsoft, Bristol Myers Squibb and quite a few some others. For additional details, go to in excess of-haul.com, and follow them on LinkedIn, Twitter, and Fb.
For even more information and facts: Stephanie Varty, (512) 731-0762, [email protected]