RITE AID PICKS LOGISTICS.COM SOFTWARE TO HANDLE INBOUND FREIGHT

RITE AID PICKS LOGISTICS.COM SOFTWARE TO HANDLE INBOUND FREIGHT    Rite Aid Corp., a major U.S. retail drug chain, has contracted with Logistics.com, a logistics execution solutions provider, to help manage the flow of inbound freight to Rite Aid’s eight distribution centers, which service its 3,400 stores in 28 states and the District of Columbia.
   Rite Aid is using Logistics.com’s OptiManage transportation management system “to keep shelves stocked by reacting to critical transportation events,” said Wilson Lester, senior vice president of supply chain for Rite Aid.
   Previously, Rite Aid, with annual revenues of more than $15 billion, had implemented Logistics.com’s OptiBid e-sourcing system and saved $1 million annually.
   Logistics.com, based in Burlington, Mass., recently signed a letter of intent for its assets to be acquired by Atlanta-based Manhattan Associates, subject to various closing conditions. The acquisition is expected to close in the fourth quarter.