6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Demand for supply chain execution solutions is growing as customers across many markets face increasingly complex supply chains driven globally by customer and regulatory requirements. HighJump Software provides integrated solutions for warehouse and yard management, transportation management, supply chain visibility and event management, trading partner collaboration, and data collection.
In January 2003, 3M launched the 3M Integrated Packaging Tool, a web-based, data-enabled packaging information management system. 3M said this tool is the first to integrate product information, package design and production systems to better manage compliance, time to market, product surety and packaging costs for customers in industries such as food and beverage, life sciences, chemical, and consumer packaged goods.
'Adding HighJump Software's suite of supply chain execution solutions gives 3M a powerful new platform to grow our existing service and solutions business, focused on helping customers optimize their business processes,' said John Pohl, division vice president, 3M Industrial Services and Solutions Division. 'HighJump Software brings to 3M tremendous market knowledge and experience, strong industry and channel relationships, and proven business practices.'
Commenting on the transaction, Chris Heim, chief executive officer, HighJump Software, said, 'We are very excited about our future with 3M. This is the right thing to do for our customers and our employees. We'll be located in the same place, with the same strong focus on serving our customers. Our business has a strong history of innovation and growth. 3M's global strength and brand leadership will make us even stronger.'
This transaction is expected to close in late January 2004, after regulators and HighJump Software's shareholders approve the transaction.
About HighJump Software
Founded in 1983, HighJump Software is a $36-million provider of supply chain execution (SCE) solutions that deliver competitive advantage to manufacturers, distributors, retailers and third-party logistics companies. HighJump Software offers SCE solutions that can be easily and precisely tuned to fit the operational needs of a wide range of organizations from midsize to large companies and divisions of the Fortune 1000. HighJump Software's SCE systems are in use at more than 700 companies today. St. Paul Venture Capital and Gemini Partners are currently primary investors in HighJump Software.
HighJump Software traces its roots back to 1983 when, as Data Collection Systems, it pioneered the development of a complete, bar code-based system to collect, view, edit and process shop-floor data for existing host applications. The company's first product, Data Collection Advantage, capitalized on the emergence of affordable radio frequency (RF) technologies to provide the backbone for customers to deliver increasingly better products and services. In 1994 the company introduced its supply chain execution solution, Warehouse Advantage'the industry's first NT-based, warehouse management solution. Since then, HighJump has produced an array of supply chain execution (SCE) solutions.
Today, HighJump's RFID-enabled product suite, Supply Chain Advantage, includes solutions for warehouse and yard management, transportation management, supply chain visibility and event management, trading partner enablement, collaborative inventory management and data collection.
Customers include Circuit City, Starbucks, 99 Cents Only Stores, CARQUEST, Sport Chalet, ADP, Honeywell, Sony, Toro, Fischer-Rosemount, Verizon, Kimberly-Clark, Aveda and NASA.