Teaneck, NJ – January 25, 2023 – Zethcon, a Made4net Company and provider of Warehouse Management Systems (WMS) specifically designed for Third Party Logistics (3PL) providers, announced a record year in 2022 with 20% year-over-year revenue growth and 50% earnings growth. The company attributes growth to e-commerce expansion, increasing demands on 3PL providers driving new WMS technology adoption, and existing customers expanding and adding new warehouses and new clients. New customers represent a wide variety of industries and warehouse size and complexities, including many industry leaders, such as The Shippers Group, Wagner Logistics and many more.
Zethcon credits the success to a continuing increase in 3PL specific functionality and integration capabilities within its flagship Synapse WMS product. Existing functionality tailored for direct-to-consumer and fulfillment operations also helped existing customers take advantage of shifts in the supply chain which require robust capabilities in shopping cart integration, picking optimization, and small parcel shipping requirements.
“We continue to experience tremendous customer support and continued expansion within the 3PL industry thanks to our proven 3PL WMS, Synapse, supported by a dedicated team that is extremely well versed in 3PL operations,” said Chris Oechsel, President – 3PL. “Additionally, our decision to be acquired by Made4net will provide even more resources and expertise to support current customers as well as create more opportunities for continued expansion and leadership in the 3PL space.”
A few 2022 highlights include:
- 3PL focus – 100% of new customers are 3PLs
- Industry shift to e-commerce and many 3PL providers turned to Synapse for its proven omnichannel capabilities
- Fast deployment: 100% of implementations go live within 4 months
- Significant growth of existing customers – adding users, clients and warehouses
- Multiple deployment options – availability of Perpetual on Prem, Perpetual Hosted or SaaS
- Continued support and partnership with International Warehouse and Logistics Association (IWLA)
- Acquired by Made4net, a global provider of advanced WMS solutions
“The strength of a solution specifically designed to support 3PL operations and a team of professionals who understand the complexities of 3PL are the reasons companies choose us over the competition,” said Duff Davidson, Made4net CEO.
About Zethcon, a Made4net Company
With over 100 3PL customers throughout North America, Zethcon is a leading provider of 3PL Warehouse Management Systems and supply chain software that helps organizations of all sizes improve the speed and efficiency of their supply chain. Synapse WMS provides customer level configurability, deep billing functionality, real-time inventory visibility, labor and space optimization, and advanced integration capabilities that provide greater control of operations and profitability to 3PL operators.
Made4net is a leading global provider of best-in-class, cloud-based supply chain execution and warehouse management solutions for organizations of all sizes to improve the speed and efficiency of their supply chain. The company’s end-to-end SCExpertTM platform offers a robust WMS solution that enables real-time inventory visibility, labor management, and equipment productivity with performance analytics that drive faster, more accurate order fulfillment and improved supply chain efficiency. In addition to the best-of-breed WMS, the platform offers integrated yard management, dynamic route management, proof of delivery and warehouse automation solutions that deliver a true supply chain convergence. Made4net is proud to be recognized by industry experts as a global leader in warehouse management software, including Gartner’s Magic Quadrant for Warehouse Management Systems.
For more information, visit www.made4net.com.