Software provides transportation management.
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Press Release Summary:
OptiManage v7.3 Web-native, real-time transportation management system features Collaborative Dock Door Scheduling, which provides management and visibility of dock schedules for shippers and carriers. Purchase Order Management allows customers to enter purchase orders directly into software for creation of shipments from purchase order line items and inventory visibility and tracking. OptiManage 7.3 includes rapid ROI, multiple delivery options, and event management capabilities.
Original Press Release:
Logistics.Com Upgrades Industry-Leading Transportation Management System
OptiManage 7.3 Selected by PPG Industries, Klockner Pentaplast and Wise Alloys
New Features Boost ROI Via Dock Door Scheduling and Purchase Order Management
BURLINGTON, Mass. (August 27, 2002) - Logistics.com Inc., the leader in integrated logistics planning and execution solutions for shippers and carriers, today announced the launch of OptiManage 7.3, the most recent version of its Web-native, real-time transportation management system (TMS).
PPG Industries, Klockner Pentaplast and Wise Alloys are currently implementing OptiManage 7.3, which provides shippers with greater ROI and better visibility and control over day-to-day supply chain execution.
"We're delighted to be on track to roll out OptiManage 7.3 to all 35 of our plants in only eight weeks," said James Carr, manager of corporate transportation at PPG Industries. "OptiManage 7.3 allows a new level of customization at all levels, from company-wide parameters to user-specific preferences. For example, we can improve our carrier selection process by tailoring the system's automated selection criteria to the needs of individual plants, reducing the need for expensive manual intervention. OptiManage also improves each user's productivity by allowing them to customize their work screens to fit their individual workflows."
Two new features are available now in OptiManage 7.3:
oCollaborative Dock Door Scheduling:
provides management and visibility of dock schedules for both shippers and carriers. The online tool streamlines the time-intensive process of creating feasible dock door appointments, considering actual dock capacities.
o Purchase Order Management:
customers enter purchase orders directly into OptiManage, allowing the creation of shipments from the purchase order line items and enhanced inventory visibility and tracking. Ordered versus shipped inventory is tracked at the SKU level, providing visibility into inventory in transit. Through permissions, shippers can allow vendors and customers to view and create purchase orders online.
Additional improvements to OptiManage 7.3 include more robust continuous move functionality and enhanced rate lookup. Key capabilities of OptiManage include:
Rapid ROI and Multiple Delivery Options
OptiManage provides customers with immediate measurable value after a rapid four- to 12- week implementation period. The system can be delivered as traditional licensed software, and available Web delivery eliminates the need for upfront capital expense while reducing information systems overhead. Regardless of the delivery method, implementation and ROI typically occur within weeks.
Open Architecture and Web Services Support
OptiManage 7.3's platform-independent design and standards-based Web-native open architecture enable customers to deploy the solution on a variety of hardware and operating system combinations, and to rapidly integrate with existing enterprise systems. Currently, OptiManage supports the Solaris, Windows 2000, Linux, HP-UX, and AIX operating systems on major hardware platforms. Logistics.com's open tXML (Transportation eXtensible Markup Language), coupled with Web services, facilitates seamless integration with other enterprise applications both within the four walls and at trading partner facilities.
Integration with Transportation Procurement
Currently, many shippers lose millions of dollars through the inability to execute upon the strategic routing guide developed during the transportation procurement process. OptiManage is the only TMS to fully integrate transportation planning and execution. Rather than simply following a fixed routing guide, OptiManage includes dynamically monitors critical metrics and events, making real-time adjustments to the routing guide that protect service and savings. For more information on the benefits of integrated transportation planning and execution, download the ARC Advisory Group white paper on this subject from logistics.com/info/arc_report.asp
Advanced Event Management Capabilities
Beyond providing real-time visibility and control over day-to-day supply chain operations, OptiManage features sophisticated event management capabilities that handle "exceptions" automatically, ensuring continuous workflow uninterrupted by human intervention. For example, if an order's destination changes, the system can automatically reconsolidate the shipment that includes the order, recall the shipment from the carrier if it had already been tendered and re-select the best carrier, or simply notify the carrier of the new destination. This capability facilitates significant savings by preventing the shipper from paying premium rates to a contingency carrier when exceptions occur.
"Logistics.com has combined its deep domain expertise in the transportation industry with feedback from its customers to make OptiManage 7.3 the most powerful TMS on the market," said Pervinder Johar, senior vice president of products for Logistics.com. "OptiManage not only delivers a comprehensive feature set, but it's also the only TMS to fully integrate transportation planning and execution, enabling shippers to achieve during day-to-day execution the potential savings generated during strategic sourcing."
About Logistics.com
Based in Burlington, Mass., Logistics.com delivers integrated logistics planning and execution solutions that guarantee cost savings to shippers and carriers, while maximizing service and improving capital utilization. The company links all players in the logistics and adjacent industries on a standard communication and application integration platform, Logistics Event Management Architecture (LEMA). Logistics.com's three offerings include OptiManage, a comprehensive transportation management solution for shippers; OptiBid, a strategic procurement solution for shippers; and OptiYield, a decision support and optimization solution for carriers. The company has received funding, strategic guidance and operational support from Internet Capital Group (NASDAQ: ICGE). Logistics.com has received numerous accolades, including being named to the Forbes Best of the Web B2B for the past two consecutive years. For further information, visit the company website at logistics.com.
