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50 Innovative Companies to Watch 2023

Traverse Systems – Building best-in-class enterprise solutions that redefine business partnership management and supply chain success

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Supply chains will continue to adapt and evolve in tandem with consumers and retailers. More demanding and unforgiving consumers will not tolerate delays due to supply chain disruptions. Traditional supply chain modes of operation are breaking under increased pressures and demands. This is when Traverse Systems comes in. The company helps businesses mitigate and diffuse those risks with technology and expertise to optimize performance and execution.

Traverse Systems delivers peace of mind across your supply chain with a team of highly skilled interdisciplinary supply chain professionals. Traverse Systems was founded by former retail practitioners who understand the unique challenges of the supply chain industry. Its solutions are designed to provide a unified understanding of your entire supply chain.

For over 22 years, Traverse Systems have served some of the world's most respected brands, including CVS, Burlington Stores, Giant Eagle, Tractor Supply, Kohl's and more. It understands that retailers face increased competition, and any disruption in their supply chain caused by delays, errors, and miscommunication can impact profitability. Its solutions are designed to deliver transparency by aggregating and connecting data from disparate systems to provide one view of the truth.

Q. Why Traverse Systems?

No Integration Needed: Their SaaS platform requires minimal data wrangling and zero integration to get started. You provision access to the necessary data, and they handle the rest.

Reduce Supply Chain Days: A unified view of your supply chain performance presents opportunities for continuous improvement, resulting in a reduction in supply chain days.

Out-Of-The-Box Collaboration Tools: Great supply chains depend on great partners. The Traverse Platform includes tools to align your entire partner ecosystem towards meeting your goals. Passport is a premium service for enhancing collaboration with data-rich graphics and tools for data analysis and process improvement.

Automated and Manual Auditing: Their robust suite of supply chain audit tools automates reporting and streamlines your communication with trading partners. With access to a secure online database for compliance information, you can create an unlimited number of manual and mobile audits.

Business-Speed Performance Monitoring: From purchase order creation to store or distribution center receipt, they manage and track everything in your workflow from start to finish. Fully automate identification and reporting on events that disrupt the flow of merchandise and add avoidable costs that reduce overall profitability.

Fortress-Level Data Security: Reduce security concerns and overhead of on-site data centers with a partner you can trust. They offer secure IT hosting of client applications and hardware, including an online database with foolproof backups of work product, documents, and other critical business data.

Solutions crafted for your industry and size

Retail: The retail industry is changing faster than ever. The supply chain – once considered a cost center – is now a margin contributor. Using their automated platform, they help retailers gain visibility and control to build a more consistent, predictable, and profitable supply chain. Passport is a personalized subscription service from Traverse Systems customers that enables vendors and retailers to align incentives through the sharing of supply chain data. Retailers can customize Passport to their unique vendor requirements through additional functionality. These additional capabilities include point-of-sale data, check remittance data, data integrations, and customized scorecards with drill-down capabilities. They’d love to build a solution that works for you.

The Rivet™ SaaS Platform is a business partner management solution that minimizes the complexity, time, and expense associated with unproductive and costly business processes. The Rivet™ SaaS platform provides seamless, repeatable, and intuitive solutions that streamline and automate previously unproductive and costly tasks. The Rivet™ SaaS platform is the perfect solution to help you achieve rapid speed-to-shelf while maintaining the agility and accuracy your business needs to thrive.

Suppliers: Suppliers have long operated in the background, propping up national brands with predictable, reliable products. Today, they are recognizing the power of direct-to-consumer as they open up new channels to reach customers. They also face new challenges as their supply chains grow increasingly complex. Their solution addresses challenges unique to today's suppliers, brand owners, vendors, and licensees. They help you audit shipments before they are at sea or on the truck, monitor the performance and activity of all your factories, and more. Build a more predictive and profitable supply chain while forging stronger relationships, upstream and downstream.

Every organization wastes precious time and energy creating and managing shared spreadsheets or log sheets. Manual data entry, versioning, collaboration, and a lack of data standardization cause bottlenecks and missed opportunities. No matter how robust, software systems can’t account for every process or every situation. Valuable data often gets lost in the shuffle. Meet Scaffold. Scaffold is a customizable data-entry tool designed to formalize unstructured business processes and scale actionable information across the entire enterprise. Scaffold gives Traverse users greater control over their data and allows them to share information with stakeholders and decision-makers across departments, distribution centers, and offices in an instant. Data-driven organizations leverage Scaffold to help their teams take effective, coordinated action and make strategic decisions based on common information. No more manual filtering, mismatched data formats, multiple Excel versions, or entire departments in the dark.

Gregory S. Holder | Co-Founder and CEO

An Industrial Engineer by trade, Greg Holder believes that engineering standards and procedures are the foundation of any supply chain operation. Greg managed supply chain operations and ran distribution centers at major retail brands including Dillards and Stage Stores before co-founding Traverse Systems. Over the last two decades Greg has designed and developed leading software solutions that optimize supply chain performance across a growing number of verticals.

A problem solver at heart and self-diagnosed workaholic, Greg enjoys watching Oklahoma football and Kansas basketball with his best friend and wife of more than 20 years.

“Our platform aggregates data from disparate systems and provides a holistic understanding of your operations to improve performance and deliver operational excellence.”

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