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Loftware and RiseNow Form Strategic Alliance for Supply Chain Integration

Product identification leader Loftware and procurement consultancy RiseNow have launched a global partnership aimed at bridging the gap between supply chain sourcing and final product execution. The alliance seeks to solve fragmented process issues for SAP-reliant organizations, starting with critical traceability requirements in the healthcare sector.

Loftware and RiseNow Form Strategic Alliance for Supply Chain Integration

By integrating RiseNow’s spend management expertise with Loftware’s product identification software, the firms intend to provide end-to-end visibility across complex supply chains. The collaboration focuses on SAP S/4HANA environments, allowing businesses to replace siloed operations with unified data management. This approach is designed to enhance compliance and operational control, moving beyond simple procurement to ensure the integrity of products as they reach their destination.

Healthcare systems serve as the initial testing ground for this integration. In these environments, precise product tracking is vital for both audit readiness and patient safety. Justin Sadler-Smith, Chief Revenue Officer at Loftware, noted that the partnership aims to maximize the utility of existing SAP investments by injecting deeper intelligence into product identity. Steve Dailey, President at RiseNow, added that the combination of advisory services and AI-driven automation will help clients reduce operational risk while improving overall speed to market. Following the initial rollout in healthcare, the companies plan to scale these solutions into the manufacturing sector and other highly regulated industries.

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