Indianapolis, IN – enVista, a leading enterprise and supply chain consulting services firm announced today that it has attained 35.9 percent year over year growth in 2010, despite the ongoing economic slow pace to recovery. The company’s considerable organic growth follows a flat 2009, a recognized indicator of financial stability during a year when most companies incurred significant revenue loss. Prior to 2009, enVista achieved continuous growth since its founding in 2002 (cumulative 23.4% year over year).
enVista President and CEO Jim Barnes says, “The recession has caused many supply chain consulting firms to quietly go out of business or shrink considerably in size. In 2009, we maintained our size for both employees and revenue – we consider this a significant achievement. We were confident that the U.S. economy would rebound; however, we have witnessed a slower recovery with companies in the western states.”
He continues, “We attribute enVista’s organic growth and ability to weather the economic downturn primarily to the value we provide to our clients, our source to consumption solutions portfolio that offsets turbulence in any one market, and our relentless focus on the bottom line.”
Additional 2010 Highlights, include:
• Growth across all four business units:
o Supply Chain Solutions (supply chain strategy, technology and operations); Transportation Solutions (freight audit /payment and carrier contract analysis/negotiation); and new business offerings as of 2008: Microsoft Dynamics AX Enterprise Resource Planning (ERP) Solutions; and Managed TMSaaS®
• Eight WMS Go-Lives, three successful WMS upgrades, three ERP Go-Lives, and 51 new transportation clients, which include the top 7 of 100 e-commerce companies
• Strengthened Partnerships with Microsoft, Manhattan Associates, Mercury Gate and RedPrairie
• Improved functionality of MyShipINFO.com through a Dynamic Executive Dashboard and Mobile Visibility
• 97 percent client retention in 2010
• Thought leadership across dozens of supply chain industry tradeshows, conferences and publications
John Stitz, Senior Vice President, adds, “Most companies understandably either held off making supply chain investments or took a more conservative approach to their solutions strategy in 2009. However, companies renewed their focus on their supply chains this year, based on the impact supply chains have on profitability and customer service. We expect to see that trend continue in 2011.”
Stitz adds, “We are looking forward to 2011; our back-log is strong which will allow us to exceed revenue of $22M U.S. We have added two additional service offerings that strengthen our value proposition and allow our customers to use one solution provider for consulting, implementation and operations.”
About enVista
enVista is a leading enterprise and supply chain consulting services firm, delivering innovative solutions that improve profitability, enhance customer service and reduce waste from source to consumption. enVista provides exceptional value in its unique ability to consult, implement and operate. These capabilities, in combination with enVista’s deep domain, vertical and industry expertise enable world-leading manufacturers, distributors and retailers to leverage one experienced partner for all matters related to supply chain, transportation, ERP and technology infrastructure. For more information about enVista, please call 877-684-7700 or contact inforequest@envistacorp.com. www.envistacorp.com
enVista President and CEO Jim Barnes says, “The recession has caused many supply chain consulting firms to quietly go out of business or shrink considerably in size. In 2009, we maintained our size for both employees and revenue – we consider this a significant achievement. We were confident that the U.S. economy would rebound; however, we have witnessed a slower recovery with companies in the western states.”
He continues, “We attribute enVista’s organic growth and ability to weather the economic downturn primarily to the value we provide to our clients, our source to consumption solutions portfolio that offsets turbulence in any one market, and our relentless focus on the bottom line.”
Additional 2010 Highlights, include:
• Growth across all four business units:
o Supply Chain Solutions (supply chain strategy, technology and operations); Transportation Solutions (freight audit /payment and carrier contract analysis/negotiation); and new business offerings as of 2008: Microsoft Dynamics AX Enterprise Resource Planning (ERP) Solutions; and Managed TMSaaS®
• Eight WMS Go-Lives, three successful WMS upgrades, three ERP Go-Lives, and 51 new transportation clients, which include the top 7 of 100 e-commerce companies
• Strengthened Partnerships with Microsoft, Manhattan Associates, Mercury Gate and RedPrairie
• Improved functionality of MyShipINFO.com through a Dynamic Executive Dashboard and Mobile Visibility
• 97 percent client retention in 2010
• Thought leadership across dozens of supply chain industry tradeshows, conferences and publications
John Stitz, Senior Vice President, adds, “Most companies understandably either held off making supply chain investments or took a more conservative approach to their solutions strategy in 2009. However, companies renewed their focus on their supply chains this year, based on the impact supply chains have on profitability and customer service. We expect to see that trend continue in 2011.”
Stitz adds, “We are looking forward to 2011; our back-log is strong which will allow us to exceed revenue of $22M U.S. We have added two additional service offerings that strengthen our value proposition and allow our customers to use one solution provider for consulting, implementation and operations.”
About enVista
enVista is a leading enterprise and supply chain consulting services firm, delivering innovative solutions that improve profitability, enhance customer service and reduce waste from source to consumption. enVista provides exceptional value in its unique ability to consult, implement and operate. These capabilities, in combination with enVista’s deep domain, vertical and industry expertise enable world-leading manufacturers, distributors and retailers to leverage one experienced partner for all matters related to supply chain, transportation, ERP and technology infrastructure. For more information about enVista, please call 877-684-7700 or contact inforequest@envistacorp.com. www.envistacorp.com
