Press Release Summary:
Designed to support global logistics network, G-Log Global Command and Control Center v5.0 intelligently monitors, analyzes, and optimizes range of supply chain factors when managing that network. Functionalities include procurement, advanced analytics, warehouse flow management, and international trade logistics. Supporting integrated logistics management network across multiple modes, GC3 evaluates inventory, transportation, and logistics tradeoffs to automate business processes.
Original Press Release:
G-Log's Latest Product Release Addresses Industry Challenges Fueled by Globalization
PROVIDES GLOBAL 2000 WITH A COMPETITIVE ADVANTAGE IN MANAGING COMPLEX SUPPLY CHAINS
More Automation and Advanced Analytics Capabilities in GC3 5.0 Extends Company's Lead in Logistics Software Market; Procurement, International Freight Management, and Dashboard and Metric-Driven Logistics Process Improvement
Build Upon G-Log's Integrated Logistics Management Product Strategy
SHELTON, Conn.---June 13, 2005---Further expanding its lead as a complete logistics platform solution, G-Log today announced the general availability of version 5.0 of its award-winning G-Log Global Command and Control Center (GC3) software. This latest version of GC3 continues G-Log's heritage of delivering software that adds business value by providing its users with a competitive weapon when managing increasingly complex supply chain and logistics networks.
The single GC3 platform was designed to support a global logistics network, and as such, intelligently monitors, analyzes, and optimizes a broad range of supply chain factors when managing that network. GC3 5.0 further refines the rich monitoring, process automation, exception management, and visibility functionality available in previous product releases, and adds new areas of functionality such as procurement, advanced analytics, warehouse flow management, and international trade logistics. The only single system that supports an integrated logistics management (ILM) network across multiple modes, business units, and geographies, the Web-native GC3 software intelligently evaluates inventory, transportation, and logistics tradeoffs to automate business processes - resulting in reduced freight and inventory costs, improved productivity, and greater shareholder value.
"We manage the movement of goods and materials all over the world," said John Criswell, director of global business solutions for BDP International. "As a component of BDP's Xpedion operating platform, G-Log's GC3 will be used for multi-modal optimization and execution, giving our customers the added dimension of tying all their shipments together with international visibility. Because all of the information relating demand to our customers' inventories, processes, and capabilities will be housed in the single BDP Xpedion environment, we can identify potential exceptions faster and deliver more options to correct them. More importantly, the Xpedion platform will quickly adapt to changing market conditions around the world to help our customers beat their competition to markets or sourcing options while keeping BDP's global logistics infrastructure running optimally."
"In today's market, innovation and competitive advantage are the name of the game - particularly when it comes to managing a logistics network and the flow and storage of goods throughout that network," said David Cairns, chief executive officer for G-Log. "In past product releases, we've given customers network-wide visibility and the ability to intelligently evaluate tradeoffs and optimize shipments. Tapping our significant intellectual property and domain expertise, we have partnered with our customers to bring even deeper functionality to GC3 that provides greater competitive advantage to the companies that leverage its holistic approach to processes and systems."
Globalization Fuels the Need for GC3
In her report on "New Strategies for Global Trade Management," Beth Enslow, vice president for Enterprise Services for Aberdeen, Inc., notes that logistics costs as a percentage of revenue are typically greater than six percent for products bought or sold offshore. Supply chain snafus are an everyday occurrence - with more than one out of ten international shipments late, incomplete, or expedited by a non-primary carrier.
"The challenge of globalization is to create automated business processes across multi-party, multi-country supply chains that will result in faster, more reliable, lower risk, and lower cost transactions," said Enslow. "Best-in-class companies are making headway by re-examining the physical, information, and financial flows of their cross-border supply chains. As a result, automation is not a goal, but a reality. And software systems enabling an integrated logistics management approach to managing supply chains are even more of a priority. The hodgepodge of department-level, home-grown software often seen in most company environments just won't make the grade if a company truly wants to be competitive."
Global Customers Transform Logistics with G-Log's Single Platform
Already in use at leading global companies such as BDP International, DuPont, Exel, Family Dollar, Halliburton, Tesco, and UPM, the single GC3 logistics platform allows multiple users across multiple business units around the world to share data and processes - without degradation to the solution's quality or ability to support the management of a global logistics network. The result: companies can accomplish in one product what other solutions require piecemeal.
The 5.0 software release adds more than 60 new or enhanced features to the GC3 system, including the following key components:
Advanced Analytics - Replacing manual, spreadsheet-based analysis, the advanced analytics solution is a natural extension of the GC3 platform that leverages the software's built-in intelligence and global data model. Through a user friendly, metric-driven dashboard interface, the new component gives VP and C-level executives a real time view of Key Performance Indicators (KPI's) to quickly assess the health of the logistics network and drill down to pinpoint specific problems. In addition, service providers can also view their own scorecards providing one complete version of the truth.
Procurement - Leveraging carrier rates, inventory and geography constraints, and shipment history stored in the GC3 global data model, the G-Log system intelligently forecasts demand across the logistics network, collaboratively creates bid packages, secures the best rates, and automatically awards carrier contracts.
International Trade Logistics - Supporting its growing global customer base, G-Log has extended its brokerage and forwarding capabilities for efficiently processing logistics service providers' complex, time-sensitive, cross-border shipments, enabling them to use GC3 as their logistics back-office system for managing all of their international trade services and computing total job costs, which companies use to determine the profitability of a transaction.
Warehouse Flow Management - In an effort to offset the current freight capacity crunch and revised hours of service regulations, GC3 now offers an appointment scheduling component to streamline the management of appointments at a warehouse dock, ensuring minimal waiting time for drivers, increased asset utilization, and decreased detention time. This collaborative offering also benefits shippers as they are perceived as "easy to do business with," often earning preferred customer status so that their freight receives the highest priority.
"Companies must constantly innovate to maintain their leadership status," said Enslow. "An integrated logistics management network empowers companies, and provides them with the tools to achieve greater supply chain flexibility and responsiveness. The ability to intelligently evaluate inventory, transportation, and logistics trade-offs, which is inherent in the G-Log solution, helps companies improve top-line revenue and bottom-line profitability."
Pricing and Availability
Pricing for the G-Log GC3 version 5.0 software and associated professional services is based on customer requirements. It is available immediately.
G-Log is the leading provider of global logistics and transportation software for enterprises and logistics service providers. G-Log's single, Web-native GC3 logistics platform optimizes and executes all modes of transportation across all geographies. G-Log's clients are reducing cycle times, inventory levels, and total transportation costs while satisfying their customers' demands for real-time information and on-time deliveries. The G-Log solution provides a broad range of services in the transportation market, including optimization, order entry, procurement, supply chain event management (SCEM), visibility, track and trace, freight payment, and historical analysis. Recognized as a "Best of the Web" company by Forbes, G-Log clients include Big Lots, Brown Shoe, DuPont, Exel, Family Dollar Stores, Giant Eagle, Halliburton, Kuehne & Nagel, Rohm and Haas, Tesco, Toll Solutions, Total Logistic Control, UPM, and Volvo Logistics. For additional information, visit www.g-log.com/ or call 877-GO-2-G-LOG (in the UK, call +44 (0) 1344 418500).
G-Log is a registered trademark of Global Logistics Technologies, Inc. Global Command and Control Center and GC3 are trademarks of G-Log. All other brands, products, or service names are or may be trademarks or service marks of their respective owners.