Supply Chain Software accelerates sourcing of LTL transportation.May 22, 2009 -
Delivered via Advanced Sourcing Application Platform, OnCall LTL (Less-than-Truckload) provides sourcing teams with prepackaged solution that facilitates application and deployment of sourcing and optimization technologies for North American LTL transportation. Solution combines industry best practices with Expressive Bidding® as well as scenario analysis and reporting. Event management tools and training programs are also included for transportation sourcing teams and carriers.
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
Original Press release
CombineNet, Inc.
Fifteen 27th St.
Pittsburgh, PA, 15222
USA
CombineNet Introduces OnCall LTL for Fast, Easy Sourcing of Less-than-Truckload Transportation
Expands Capabilities of Optimized Sourcing Solutions for Fast Deployment and Quick ROI
PITTSBURGH, May 7 -- CombineNet Inc., the leading provider of advanced sourcing & optimization technologies, today announced the newest edition to its suite of OnCall Sourcing Solutions: OnCall LTL (Less-than-Truckload), an optimized sourcing product that combines world-class advanced sourcing technologies with category specific best practices for fast, easy deployment by shippers and sourcing teams. Delivered via CombineNet's Advanced Sourcing Application Platform (ASAP), OnCall LTL provides sourcing teams with a prepackaged solution that enables easy application and deployment of advanced sourcing & optimization technologies for North American LTL transportation.
"OnCall is our answer to the market demand for best-in-class category specific sourcing optimization solutions," said Jay Reddy, Chief Marketing Officer of CombineNet. "In a time when companies are pressured to find more savings opportunities with fewer resources, OnCall products provide fast ROI for very complex transportation modes."
Last fall, CombineNet released the first collection of its OnCall Sourcing Solutions, OnCall Truckload and OnCall Ocean, which have generated significant interest and adoption across companies in various industries. OnCall customers have seen rapid and significant ROI, typically achieving 12-18% savings in negotiated transportation rates in as little as three weeks.
OnCall Sourcing Solutions leverage CombineNet's extensive expertise in creating and managing advanced sourcing projects for the largest, most innovative companies in the world. The result is the packaging of best practice templates for supplier assessments, expressive bid collection, "What If?" scenario analysis, and award scenario reports, tailored to strategic spend categories.
CombineNet has extended its OnCall suite with OnCall LTL, which also combines industry best practices with ASAP's Expressive Bidding(R), Optimized Scenario Analysis, and robust Reporting capabilities, rounding out the easy-to-use products with Event Management tools and extensive training programs for transportation sourcing teams and carriers.
Key Features/Functionality of OnCall Sourcing Solutions
-- Expressive Bidding(R) -- enables carriers to put their best foot forward, proposing lane or service alternates, conditional offers, volume and tiered pricing, and lane packages to provide lower-cost options for buyers
-- Optimized Scenario Analysis -- enables sourcing teams to evaluate carrier proposals alongside their business rules, constraints and preferences, to find the optimal solution for balancing cost and value
-- Scenario Reports -- A wide variety of reports that analyze hundreds of thousands of scenarios enables buyers to understand the cost impact of sourcing decisions, stakeholder preferences, and award strategies.
-- Event Management Tools -- Enable sourcing teams to set up and manage advanced sourcing events from beginning to end
-- Flexible Training -- Web-based training for buyers and carriers get sourcing teams up and running quickly to deliver fast ROI for their strategic spend categories
Key Benefits of Faster, Easier to Use Optimized Sourcing Solutions
-- Absolute best cost the market can provide through Expressive Bidding
-- Finding the right balance of cost and supply chain value
-- Complete understanding of the cost impact of sourcing decisions, business rules and stakeholder preferences
-- Strong supplier relationships
-- Fast time to market and quick ROI
-- Easy initiation into Advanced Sourcing techniques and technology
-- Regular bidding and re-optimization as conditions change
To learn more about CombineNet's OnCall LTL Sourcing Solution, visit www.combinenet.com/sourcingsolutions
About CombineNet
CombineNet, the advanced sourcing technology company, helps companies achieve the absolute best value and lowest total cost of ownership for goods and services. CombineNet's Advanced Sourcing Application Platform enables companies to engage in Expressive Commerce(TM), the strategic sourcing initiative that allows buyers and sellers to communicate supply and demand more expressively, collaboratively and strategically. The result is a win-win for both buyer and supplier, where greater innovation and efficiency are driven into the supply chain. CombineNet's ASAP consistently produces 10, 15, even 20 percent greater actual cost savings than other e-sourcing solutions, and has delivered billions of dollars in savings for the largest businesses in the world including General Mills, PepsiCo, Procter & Gamble, Siemens and others. For more information, visit www.combinenet.com.
CONTACT: Greg Holt of CombineNet Inc., +1-412-471-8200, gholt@combinenet.com
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