Jagged Peak is an ecommerce and fulfillment solutions
provider with software and services that enhance the scalability, flexibility
and profitability of its clients’ ecommerce operations. The company’s
proprietary EDGE™ platform is a web-based, enterprise-ready order management
system that gives web developers and non-technical users the capability to
quickly and easily create, deploy and manage feature-rich B2C, B2B and mobile
ecommerce websites. In 2014, this versatility helped Jagged Peak’s EDGE
platform manage transactional volume of more than $1 billion, successfully
processing approximately 400 million shipped product units.
In order to adequately manage the ecommerce demands
presented by the EDGE system, Jagged Peak utilizes a comprehensive fulfillment
network known as FlexNet. Through this collection of distribution channels, the
company is able to optimize its delivery capabilities, fulfilling 92 percent of
all customer orders in one day using low cost ground delivery services. Last
month, Jagged Peak expanded FlexNet’s reach by partnering with iD Commerce +
Logistics, a leading provider of commerce fulfillment solutions, and gaining
access to a Chicago, Illinois, fulfillment warehouse. Following this agreement,
FlexNet contains 25 distribution locations across the U.S. and Canada,
providing the means for reduced delivery expenses and customer wait times in a
wide variety of locales.
“Adding new distribution partners allows Jagged Peak to get
even more aggressive in delivering product to our clients’ customers, same
day,” Mike Mercier, president of Jagged Peak, stated in a news release. “This
new distribution center enhances our ability to improve our clients’ customer
experience and is a critical part of a distribution network that has near
infinite scale.”
With an established and growing presence in the ecommerce
industry, Jagged Peak is in a formidable position to realize strong financial
growth in the years to come. In the first quarter of 2015, the company gave
investors a glimpse of this potential by recording $16.2 million in total
revenue, a 15 percent year-over-year improvement, as a result of higher
ecommerce order processing volume. This boost in revenue helped Jagged Peak
achieve a 100 percent year-over-year increase in net income.
“We are excited to see our continued double digit revenue
growth in the ecommerce space,” stated Paul Demirdjian, chief executive officer
of Jagged Peak. “We see 2015 as another year of profitable growth as we
continue to support our growing ecommerce clients.
For prospective shareholders, Jagged Peak’s recent growth in
the booming ecommerce industry makes the company an intriguing investment option
moving forward. Look for Jagged Peak to continue leveraging the
industry-leading order management capabilities of its powerful EDGE platform in
order to promote additional market growth and sustainable returns in the
future.
For more information, visit www.jaggedpeak.com
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