B2B Payments

Supply Chain Service HighJump Strikes eCommerce Acquisition

Supply chains of today’s businesses are going global, and online commerce has a lot to do with that. The eCommerce revolution has left B2B and B2C retailers with a need or solutions that tackle both their international supply chain management and their online store management.

A just-announced acquisition brings together both sides of these needs under the same roof. According to Tuesday (May 26) reports, supply chain management service provider HighJump has merged with cloud-based eCommerce platform provider Nexternal.

Nexternal provides manufacturers, distributors and retailers with omnichannel support for their online sales efforts. The platform offers order management tools for B2B and B2C sellers looking to adopt their business practices for online and mobile platforms, reports said.

The acquisition is part of HighJump’s efforts to provide an end-to-end supply chain solution for other businesses, its CEO Michael Cornell said. “The acquisition of Nexternal adds important commerce capabilities to further deliver upon HighJump’s omnichannel vision and provides new options for HighJump’s 14,000 global customers,” he said in a statement.

HighJump’s TrueCommerce division currently services transactions via Electronic Data Interchange. But with Nexternal, HighJump will now be able to offer its business customers to option to conduct B2B transactions online.

“Currently, there is not a single provider of a unified eCommerce platform and warehouse management system,” said Nexternal founder and President Alex Gile. “We look forward to changing that with this combination.”

The international operations of both HighJump and Nexternal mean business customers will likely benefit largely from streamlined services. While sellers are seeking new customers overseas – encouraging sellers to launch online operations to reach a global audience – reports released earlier this month revealed that the global supply chain is riskier than ever for businesses, forcing companies to navigate complex and changing regulations across jurisdictions.

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