Software manages logistics spending.
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Press Release Summary:
Suited for global freight environments, IRIS Logistics enables manufacturing enterprises to efficiently manage spending of freight across in bound and out bound supply chain networks. Using Shouldbe Cost(TM) concept, users can automate computation of freight without having to wait several months for invoices from carriers and 3PLs. Deploying IRIS Logistics on demand helps implement global single instance solution that is non-disruptive and non-intrusive.
Original Press Release:
Aankhen Inc. Announces On Demand Logistics Spend Management
Freight cost savings initiatives get a boost from global visibility to freight spend without waiting for invoices from carriers, using Aankhen Inc.'s IRIS Logistics
SAN JOSE, Calif., Feb. 16 - Aankhen Inc. (www.aankhen.com), the leading provider of next generation Global Procurement and Logistics Cost Management solutions, today announced another first in supply chain cost savings using a new concept -- "Shouldbe Cost(TM)" to realize hard savings in global freight spend. Automated computation of freight 'Shouldbe Cost(TM)' without having to wait several months for invoices from carriers and 3PLs enables enterprises to optimize freight spend at a lane and item level not possible to date. Aankhen's breakthrough innovation leverages people, process and technology to raise the bar in global freight spend management best practices. Aankhen's global cost optimization solutions have a proven savings track record at organizations such as Dell Inc.
The IRIS Logistics software is a solution for global freight environments enabling manufacturing enterprises to become more efficient in spend management of freight across in bound and out bound supply chain networks. Visibility to actionable freight spend and invoice based freight cost management is a manually intensive process requiring estimated accruals and reversals with no added value to the enterprise. Deploying IRIS Logistics on demand is a unique approach to implementing a global single instance solution that is non disruptive and non intrusive delivering immediate savings at low cost and no risk.
"Lack of visibility to actionable freight spend has been blamed on existing systems, processes and data quality. Regardless of ERP, TMS and WMS systems in use, freight spend management remains a complex manual process. Aankhen's unique ability to automate computation of freight "Shouldbe Cost(TM)" eliminates existing limitations and provides immediate and visible savings opportunities to create competitive advantage for our customers," said Subhash Chowdary, CEO of Aankhen Inc.
About Aankhen
Aankhen Inc. is the leader in next generation Global Procurement and Logistics Cost Management solutions. Breakthrough innovative solutions from Aankhen accelerate deployment of enterprise global procurement and logistics spend management initiatives to realize hard savings and gain competitive advantage. Aankhen Inc. is a privately owned company, headquarters in San Jose, California. For additional information on Aankhen and its products, please visit www.aankhen.com
CONTACT: Aankhen Inc., +1-408-387-0083, or fax, +1-408-387-0086, or info@aankhen.com
