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Management Dynamics, Inc
September 16, 2003

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The BOSS Selects Rate Explorer from Management Dynamics to Automate Service Contracts and Win New Business

Growing NVOCC to use robust contract management solution to control buy-side costs and respond quicker to sell-side opportunities with faster, more accurate quotes

EAST RUTHERFORD, NJ, September 16, 2003, Management Dynamics, Inc., a leader in tariff and contract management solutions for the ocean transportation industry, today announced that BOSS International (www.boss-international.com/index.html), a rapidly growing Non-Vessel Operating Common Carrier (NVOCC) servicing customers in the United States and abroad, has selected Rate Explorer to automate its service contracts and generate new growth opportunities. BOSS International will use Rate Explorer to better manage business costs in its NVOCC operations and compete more effectively by responding faster to new sales opportunities with quotes based on a complete and accurate understanding of total delivery costs.

Joe Fordney, Operations Manager, Ocean and Air Transportation said, "Rate Explorer is a key investment for our business to better manage the cost of operations and profitably add new customers. The growth we experienced over the past year had a negative impact on our response time, our staff was allocating more time to operational issues and less to quotations and we have been challenged to correct this situation. Rate Explorer will have an immediate and significant impact on our ability to respond to a request quickly after going through a more thorough evaluation of our options under contract, in less time."

As a small but rapidly growing NVOCC, BOSS International had been proactively searching for a technology that could more effectively manage its ocean contracts for quite some time. After evaluating other products, BOSS International found that Rate Explorer was the only solution that could calculate complete and accurate bottom-line costs that included all output arbitraries, inlands and assessorials from their carrier's governing tariffs. With Rate Explorer BOSS International will now be able to:

  • Improve productivity and streamline business operations by reducing the costs associated with managing contracts and subsequent amendments.

  • Identify and resolve over-charges through a 100% audit of all their freight bills.

  • Compare complete bottom-line calculations from all valid routings and carriers under contract in a few short minutes and select the best sell rate for their quotes.

  • Win new business by responding to sales opportunities quicker and more accurately.

Management Dynamics President and COO, John Preuninger, said, "We are pleased that BOSS International has selected Rate Explorer to help them streamline their operations and position their business for profitable growth. By automating ocean contracts in a calculable format, NVOCCs can precisely understand their cost position and margin potential when proposing new business."

About BOSS International, Inc.
In 1988 BOSS International, Inc. began as a Non Vessel Operating Common Carrier (NVOCC) operating primarily in the United Kingdom and Northern Europe. Initially, as an NVO, BOSS concentrated on regular, dependable service consolidating small and medium-sized shipments to allow those customers to compete effectively with larger shippers. Over the years BOSS expanded services to many other areas of the world and added full-container (FCL) services in addition to consolidated less-than-container (LCL) services. BOSS now provides full door-to-door logistics services for customers internationally and domestically. Those services include ocean, air, rail, domestic trucking and warehousing/distribution services. For more information please visit http://www.boss-international.com/services.html or call (843) 577-3630.

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