Ann Arbor supply chain software company LLamasoft recently announced a strategic expansion plan to redevelop its Ann Arbor headquarters location and increase its employee base.
LLamasoft was recently awarded a Michigan Business Development Program performance-based grant of $515,790 and will use the funds, in addition to its $10.7 million in private investment, to fulfill company growth.
The company expects to add more than 70 jobs by 2020, the majority of which will be located at its headquarters in Ann Arbor on South Division Street. The company has already begun upgrading the building in preparation for the larger employee population, as well as improving spaces for customers.
LLamasoft senior vice president and chief marketing officer Sandra Moran says LLamasoft has already added 45 jobs in Ann Arbor this year.
"We find being in the Ann Arbor area important to the business, not only short-term but long-term," Moran says. "We have a commitment to the Ann Arbor area and giving back."
In addition to internal growth, LLamasoft has a goal to positively impact 100 million lives by 2022 though its humanitarian partnerships. LLamasoft works with various organizations across the world to help solve complex supply chain questions in humanitarian work.
Moran says it's an important part of LLamasoft's mission to use its technology and expertise for good.
"We have a division that focuses on using our technologies in various projects conducted around the world," Moran says. "We help organizations who are trying to do things like get supplies to remote areas and be more efficient with their own resources."
LLamasoft currently serves more than 750 large corporations worldwide, such as L'Oreal and FedEx Ground. Moran says the need for supply chain software solutions will continue to expand as new challenges for global business operations arise.
"As business complexities increase, there'll be increased demands for LLamasoft and that will drive LLamasoft's growth," Moran says.
Emily Benda is a freelance writer based in Ann Arbor. You can contact her at email@example.com.
Photo courtesy of LLamasoft.