News of Plumbing, Heating, Cooling, Industrial Piping Distribution

Industry News

PathGuide reports record revenues

March 5th, 2009

PathGuide Technologies, a leading provider of warehouse management systems (WMS) for wholesale and industrial distributors, reported record annual revenue for 2008 and record monthly revenue for January 2009. The sales figures exceed all others in the private company’s 19-plus year history. Revenues grew nearly 20% in 2008, and the momentum continued with the record new orders in January 2009. PathGuide attributes the bulk of this revenue growth to sales of its flagship software product, Latitude WMS.

“It’s important for any company during any time period to control its expense structure, and that’s magnified during these tough economic times,” said PathGuide CEO Eric Allais. “With PathGuide’s Latitude WMS, the efficiency of a warehouse operation increases significantly and bottom-line results grow, not to mention that revenue goes up, partially due to improved customer satisfaction. The numbers speak for themselves, with our customers verifying that Latitude WMS pays for itself in less than 18 months and returns bottom-line results of $100,000 or more on average year over year.”

Due to its newest customers, PathGuide is aggressively hiring employees to support its new accounts — a rarity in today’s economy. These customers span across North America in the U.S. and Canada.
Latitude is a software suite that automates warehousing and distribution to provide real-time online information about inventory. It automates all operations from receiving and order picking to manifesting and truck route/stop management. Latitude integrates seamlessly with major Enterprise Resource Planning (ERP) business systems from such companies as Activant, Infor, J.D. Edwards, Microsoft and Oracle. Customers — primarily industrial/wholesale distributors serving manufacturers, contractors and retail stores — rely on Latitude to increase productivity, improve service and lower labor costs.

To learn how distributors of all sizes can benefit from improved warehouse management, visit www.pathguide.com.

Leave a Reply

You must be logged in to post a comment or register today.