Shipsy acquires WMS provider Stockone

The logistics Software as a Service (SaaS) provider Shipsy announced the acquisition of Stockone, a cloud-based Warehouse Management System (WMS) and inventory management solution provider, to expand its product portfolio.

The extended product suite of Shipsy will provide a holistic logistics management experience, covering transportation, warehouse management, and fulfilment.

Soham Chokshi, Shipsy: “The recent introduction of a new Warehouse Management System (WMS) and inventory management capabilities represents a strategic expansion of our existing product suite that aligns well with Shipsy's core offerings."

“With a substantial clientele of over 220 enterprise customers, Shipsy handles approximately 150 million monthly shipments, and tracks 650,000+ containers every month.”