The startup offers a supply chain platform that integrates procurement, logistics, and order management for direct-to-consumer brands. This platform enables manufacturers to efficiently manage sourcing and production processes, reducing operational costs and improving product delivery timelines.
Funding
$22.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
EVFounders
Product
Problem
Direct-to-consumer brands often struggle with fragmented supply chains, leading to inefficiencies in procurement, production, logistics, and order management. Managing multiple vendors and sales channels can be complex, resulting in increased operational costs and delayed product delivery.
Solution
Praktis offers a supply chain platform designed to streamline operations for brands and retailers, focusing on apparel, footwear, and beauty products. The platform integrates sourcing, production, warehouse management, and order fulfillment into a unified system. By consolidating these processes, Praktis enables businesses to focus on core competencies, reduce operational errors, and enhance brand presence. The platform provides tools to source materials, manage production, streamline warehouse operations, and consolidate orders from various sales channels.
Target Audience
The primary target audience includes direct-to-consumer brands and retailers in the apparel, footwear, and beauty industries seeking to streamline their supply chain operations.
Features
- Digital platform optimizing supply chain stages from production to delivery
- Sourcing and production platform with access to over 1000 manufacturers and suppliers
- Vendor compliance system to ensure timely project delivery
- Automated and integrated warehouse management system for inventory tracking
- Order management platform to track sales activity and performance across channels
- Data-driven insights to identify effective strategies and maximize profit
- Services include apparel, footwear, beauty, packaging, fulfillment, omnichannel, and distribution