V3 Systems, provider of supply chain execution software has signed a master license agreement with Ryder System Inc.

Miami-based Ryder has added Charlotte-based V3 to its technology solutions suite to provide inventory management and supply chain execution for its customers.

Ryder will deploy the V3 system via the web to help manage forward or reverse supply chain interaction among buyers, sellers, shippers, and manufacturers of any size.

V3 Systems capabilities include inbound raw material management, supplier-owned inventory, vendor-managed inventory; outbound distribution and merge/merge-in-transit, as well as consumer/distributor fulfillment, and network solutions for reverse logistics, spare parts, and service logistics.

Ryder and V3 Systems will work together to deploy the software using V3’s Reference Process Model capabilities.

V3 Systems: www.v3systems.com