|
EAST RUTHERFORD,
NJ, November 30, 2009 --
Management Dynamics, a leading
provider of global trade
management solutions, today
announced that Odyssey Logistics
& Technology Corporation (OL&T),
a global logistics and
transportation service provider
for the chemical and process
industries, has expanded use of
Management Dynamics’
Transportation Management
solution to provide its
customers with flexible and
competitive routing and rate
options for international
shipments. This scalable
web-based solution has enabled
the OL&T logistics team to grow
its international business and
develop stronger customer
relationships.
“We are expanding our business
into international markets,
adding new contracts and rates,
and therefore needed a fully
automated process that allowed
us to handle more quoting
without having to hire
additional staff,” said Doug
Clark, Senior VP, Global Marine
& Int’l Logistics Services,
Odyssey Logistics. “Management
Dynamics has enabled us to
differentiate our logistics
services with a powerful
solution that has significantly
improved customer satisfaction
and contributed to growing our
business internationally.”
Management Dynamics’
Transportation Management
solution allows OL&T to
centrally manage its ocean
service contracts, describing
every term with a powerful rules
engine to create ‘calculable
contracts’. Fully integrated
with all carriers’ governing
rules tariffs, the solution
evaluates all potential routings
from available bullet rates to
more complex multi-factor
combinations of outport
arbitraries, alternate
port-to-port rates, and inlands.
This allows users, with little
or no experience in pricing, to
compare full bottom-line rates
across multiple service
contracts, modes of transport,
routings and service levels. OL&T
has also integrated Management
Dynamics’ Transportation
Management solution into the
Odyssey Global Logistics
PlatformSM, OL&T’s technology
backbone, using an XML-based
API. This allows OL&T users to
check an ocean rate stored in
the Management Dynamics
Transportation Management
solution without leaving OL&T’s
system.
OL&T has seen several
significant benefits since
implementing Management
Dynamics’
Transportation
Management solution, including:
- Optimized Carrier
Selection – a secure,
centralized repository of
ocean freight rates and
service information provides
the OL&T logistics team the
ability to compare shipping
options based on cost and
service parameters and
ultimately optimize carrier
selection for its customers
- Differentiated
Service Offering –
powerful multi-factor search
and rating engines empower
the OL&T logistics team to
quickly prepare accurate
rate quotes and help OL&T’s
clients handle complex rate
requests when offering
differentiated freight cost
proposals to their customers
- Reduced
Transportation Costs –
ability to compare full,
bottom-line shipment costs
including all applicable
assessorials side-by-side
prior to booking allows OL&T
to capture cost savings for
its clients
"Logistics Providers must use
specialized price management
tools to improve sales
productivity and better
differentiate their services for
shippers that are looking for
detailed comparisons of
equipment, routes and rates,"
said Nathan Pieri, SVP Marketing
& Product Management, Management
Dynamics. "Odyssey Logistics is
successfully using
Transportation Management to
support their international
growth objectives and setting an
example of how to exploit
technology to build a winning
edge."
About OL&T
Odyssey Logistics &
Technology provides global
logistics management services to
the chemical industry and other
process manufacturers. OL&T
delivers a comprehensive
portfolio of logistics services
to the chemicals and process
industries so that clients`
products are delivered safely,
reliably and economically, with
the advantage of shipment
visibility and actionable data
across all modes. OL&T presents
a unique scope of industry
knowledge, experience and
technology, applied to client
supply chain operations in two
distinct outsourced logistics
contexts: Managed Logistics
Services and Third Party
Services. The OL&T team of
chemical engineers and
logisticians brings unparalleled
expertise-they are chemical and
process industry insiders,
intimately familiar with the
supply chain complexities and
hazardous materials
requirements. Its technology
backbone, the Odyssey Global
Logistics Platform (SM) features
a net-native transportation
management infrastructure that
supports highly integrated,
flexible and data-rich service
offerings. For more information,
visit
www.odysseylogistics.com.
|