IBM has strengthened its business transformation outsourcing (BTO) capabilities in the $23.5 billion market for supply chain optimization and management services through the acquisition of Viacore Inc., a provider of business process integration solutions for real-time supply chain visibility. Financial terms of the acquisition were not disclosed.
Last year IBM introduced its supply chain BTO capability, tapping into its internal supply chain experience, consulting expertise and analytics technologies to help businesses operate and manage end-to-end supply chain processes. The Viacore acquisition expands IBM's capabilities, specifically in the electronics and retail industries, by enabling a client and its supply chain partners to exchange information on capacity, inventory, production, sourcing, delivery, forecasting, and planning in real-time. This ability will be aimed at enabling communities of supply chain partners to reduce costs, improve responsiveness to customers and forge more tightly integrated relationships.