LLamasoft reports record 2018 revenue and customer growth

ANN ARBOR — Company officials at LLamasoft, the Ann Arbor-based developer of supply chain design and modeling software and services, announced that the company had posted a 40 percent increase in subscription revenue in 2018, fueled in part by the addition of 80 new customers, bringing its total customer count to nearly 700.

To support this growth, LLamasoft’s global employee count also grew by more than 15 percent. The company now employs more than 500 people, and has more than 50 current job openings, available at this link. https://www.llamasoft.com/company/careers/job-listings/

“Manufacturers, retailers, distributors and logistics service providers use LLamasoft to solve some of their most difficult supply chain problems,” LLamasoft CEO Razat Gaurav said in a press release. “By giving them a framework to investigate underlying interdependencies in their increasingly complex global supply chains, we’re helping the world’s leading companies leverage smarter design and decision making as a competitive weapon. Our own growth demonstrates that more companies are committed to leveraging data and advanced algorithms to achieve better business results.”

LLamasoft officials say its software helps businesses better understand how forces such as tariffs, Brexit, evolving customer expectations, or a desire for sustainability, affect their supply chain.

LLamasoft saw customer growth across multiple industries and geographies. Examples of customers that signed new agreements or expanded their relationship with LLamasoft in 2018 include:
* In the United States: Five Below, GE Healthcare, General Motors, GlobalTranz, Home Depot, Koppers, Nova Chemicals, Penske, Pricesmart, United States Marine Corps, Wayfair
* In Europe, the Middle East, and Africa: Agility, Airbus, Allnex, Anheuser Busch InBev, Anglo, Arysta LifeScience, BASF, Eddie Stobart, Essilor, FM Logistics, GlaxoSmithKline, Solvay, Total
* In Latin America: Arca Continental, Chanitos, Estafeta, Grupo Bimbo, Grupo Exito, Labtest, Mercado Libre, Natura, Usiminas
* In the Asia-Pacific region: Alibaba Group, Lion Diary, Logis, Ricoh, Suntory, Yamato Holdings

For more information, visit www.llamasoft.com.

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