FarEye’s predictive logistics platform helps businesses execute, track, collaborate, predict and optimize the movement of goods
COLUMBIA, MD (May 13, 2020) – Peak-Ryzex inc. (now Peak Technologies), a provider of digital supply chain and mobile workforce solutions, has today announced a partnership with FarEye, a predictive logistics platform that enables enterprises to orchestrate, track, and optimize their logistics operations.
FarEye helps enterprises across the globe achieve better margins, shrink delivery times, boost the overall customer experience and more. FarEye’s predictive logistics platform helps customers shrink delivery times by 27%, increase delivery productivity by 15%, eliminate risks by 57%, and achieve optimized operations. The key benefits of FarEye’s platform include:
“Our strategic partnership with FarEye will help us extend our digital supply chain and mobile workforce portfolio beyond the manufacturing floor and warehouse/distribution center to the point of final delivery,” said Tim Wills, Peak Technologies Chief Marketing Officer. “FarEye can help Peak Technologies’ customers in courier, express, and parcel delivery, retail/grocery, ecommerce, manufacturing, foodservice and transportation/logistics deliver cutting-edge capabilities to transform ecommerce logistics and supply chain operations,” added Wills.
“FarEye is extremely pleased to be partnering with Peak Technologies, one of the international leaders in supply chain and mobile workforce solutions. Peak Technologies has an excellent reputation in providing operational workflow solutions to manufacturers and retailers and our partnership will extend these solutions and help digitally transform fleet operations,” stated Larry Klimczyk, President FarEye, Americas. “Whether it is last-mile orchestration, personalizing deliveries or gaining visibility into in-transit inventory, some of the world’s largest companies have trusted FarEye with pushing the limits of enterprise logistics and we look forward to the opportunity to share our award-winning platform and logistics optimization success stories with Peak Technologies’ customers,” added Klimczyk.
About Peak Technologies
Peak Technologies provides end-to-end, digitally-connected supply chain and mobile workforce solutions for performance-driven organizations focused on improvements in operational efficiencies and a focus on delivering an exceptional customer experience. Peak Technologies serves as a trusted business partner for some of the world’s largest companies, while also supporting local and regional customers with an extensive coverage footprint throughout North America and Europe. For more information on Peak Technologies, visit www.peaktech.com.
FarEye is a leading SaaS platform for predictive visibility. It enables brands to orchestrate, track, and optimize their logistics operations. The leading machine-learning based platform is empowering global enterprises to shrink delivery time by up to 27%, increase courier productivity by up to 15%, eliminate risks by up to 57%, and achieve operational excellence.
It is increasing efficiency in movement of goods for both B2B and B2C segments – and helping businesses achieve growth and exceptional customer experience at a reduced cost. FarEye has a strong traction with more than 150 global Retailers, CPG companies and Logistics & Transportation providers including DHL, Amway, Hilti, Walmart and Dominos.
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Senior Director of Marketing
Peak Technologies, Inc.
The last few months have been incredibly exciting for our organization. In early April, we changed ownership to Sole Source Capital, an experienced private equity company focused on the industrial services market and committed to our growth. With Sole Source’s support, we have added tremendous capabilities, resources, and industry expertise to the Peak portfolio through the acquisition of three companies in the last 60 days.
Along with these exciting developments comes a renewed sense of commitment and purpose. To celebrate this exciting new chapter, we wanted to use this opportunity to reflect on our past, while looking forward to the future. We are extremely pleased to announce that we have changed our company name to Peak Technologies, Inc.
For many of our long-time customers, this is a return to the company name that had been in place since our founding in 1981. When we merged with Ryzex in 2011, we combined our names to symbolize the union of two industry leaders. But over the last few years, we have become ONE Peak, added additional capabilities, battled through a pandemic together, and feel that the time is now to re-brand the company as we look forward to the future.
For additional information on the company name change, click here.