Loftware launched Loftware Connect, a transformative new platform that’s said to be the first secure, scalable network that connects companies with their trading partners, replacing fragmented coordination with a unified digital foundation designed to improve resilience, compliance, and speed.
"With Loftware Connect, we are building the infrastructure of trust for modern global commerce," says Jim Bureau, CEO of Loftware. "For decades, product identification has been managed within the four walls of the enterprise. But goods move across borders, through suppliers, co-packers, and distribution centers, creating costly unknowns like a mislabeled component delaying an assembly line or triggering regulatory fines. The future requires fast and seamless collaboration. Loftware Connect ensures that every partner, every process, and every product identity is aligned, so when disruption occurs, our customers stay ahead of it. With Loftware, it's all right there.”
Key takeaways:
· Loftware Connect shifts product identification from isolated enterprise systems to a dynamic collaborative network. The platform establishes structured digital connections between organizations and their trading partners, creating visibility and governance across every interaction that supports product identification and supply chain execution.
· Loftware Connect enables organizations to onboard suppliers rapidly and at scale, standardize product identification processes across regions, and ensure accuracy at every point of delivery. Companies can reduce rejected shipments, avoid regulatory fines, lower operational and compliance costs, and accelerate order processing, all while improving inventory velocity and minimizing downtime across global operations.
“Loftware Connect represents a category-defining shift for our industry,” says Michelle Northey, chief product officer at Loftware. “We designed this product solution to validate the core features of a connected trading partner network: secure connections, governed collaboration, and controlled information distribution. This is the beginning of a broader journey toward intelligent and network-driven supply chain coordination that will continue to expand to address our customers’ largest supply chain challenges.”
