Press Release Summary:
LOG-NET v6.5 international supply chain and global trade management application features supplier portal that advises suppliers of order changes and versions, then allows them to collaborate on fulfillment process. With Order Version Management module, user-configured rules automatically analyze international purchase orders. Program also integrates Importer Security Filing for importers/agents to file data elements directly to U.S. customers, from anywhere, in under 2 min.
Original Press Release:
LOG-NET, Inc. Releases Version 6.5 of Their Leading Supply Chain Management Application
Next Generation of Supplier, Carrier and Customs Integration Comes to the Global Trade Management and Supply Chain Market with LOG-NET 6.5
RED BANK, N.J., April 6 / / - LOG-NET, Inc., the industry leader in international supply chain software solutions, announced the release of LOG-NET version 6.5, the latest version of the leading international supply chain (SCM) and global trade management (GTM) application. The next generation software includes new features for active supplier portals, intelligent order version management, configurable supplier events, integrated carrier processing and direct importer security filing options. LOG-NET version 6.5 brings a new level of sophistication to international logistics in an intuitive, easy to use platform.
Supplier portal, one of the new features of LOG-NET version 6.5, transforms the management of international supplier and logistics processes. LOG-NET 6.5's intelligent supplier management automatically interprets orders from ERP or order systems, determines their processing and transport needs and coordinates this activity with suppliers and service providers. LOG-NET's supplier portal advises suppliers of order changes and versions then provides the ability for the supplier to collaborate on their fulfillment process. Suppliers receive orders and milestone instructions specific to their type of order, mode of transport and production processes even if the ERP application does not handle these types of international transactions. As they receive instructions and update status information, transportation, customs, importers and end customers have their work processes initiated and coordinated seamlessly in real time.
All of this comparative analysis is performed through user configured rules based engines that automatically analyze the international purchase orders in the new Order Version Management module. This exciting new capability is not part of any ERP system today and is an exclusive capability of LOG-NET 6.5.
Just in time for the new U.S. Customs regulations, LOG-NET version 6.5 integrates Importer Security Filing (ISF). LOG-NET ISF allows importers, or their agents, to file the required importer data elements directly to U.S. Customs from anywhere in the world. LOG-NET's ISF capability can be used as a standalone application or integrated into the LOG-NET suite. When completely integrated in the full LOG-NET suite, the LOG-NET system is capable of building the ISF document without user input. LOG-NET 6.5's ISF feature has gone through rigorous testing with U.S. Customs over the past year and is now certified for production filing directly to Customs. With LOG-NET, dozens of ISFs can be created and responded to by Customs within thirty seconds to two minutes. Because LOG-NET is rated as one of the most efficient and accurate methods for filing ISFs, processing labor costs and penalty producing errors are minimized.
"LOG-NET 6.5 has the ability to change the nature of the international supply chain game," noted John Motley, CEO and founder of LOG-NET, Inc. "Never has so much intelligence and collaborative integration been deployed in the international procurement and logistics market. We truly feel that we are making a statement of our leadership position in the international supply chain software marketplace by delivering unprecedented capability to reduce supply chain costs across the full end-to-end logistics spectrum," he noted.
The LOG-NET team continues to address critical logistics and information requirements across global supply chains. With the new version 6.5 features, LOG-NET is breaking new ground in servicing the needs of customer supply chains with cutting-edge logistics planning, execution, optimization and visibility. Clients such as Jones Apparel Group and Hasbro, Inc. have already implemented process revisions to cut supply chain costs while improving quality and reliability with LOG-NET 6.5. For more information regarding LOG-NET version 6.5, please visit our website at www.LOG-NET.com.
About LOG-NET, Inc.
Founded in 1991, LOG-NET, Inc. of Red Bank, N.J. was established to provide the finest trade, transportation and logistics information systems. The company has grown from a supplier of custom logistics solutions into a developer of integrated on-demand, end-to-end (E2E) supply chain solutions and is active in more than seventy countries around the world.
LOG-NET's management and design team is comprised of individuals with outstanding technical skills and practical operating experience in international, multi-modal logistics and operations management. This in-depth understanding of trade and logistics balanced with the highest levels of technical capability is reflected throughout the company's products and services. For more information, please visit www.LOG-NET.com.
Source: LOG-NET, Inc.
CONTACT: Jessica Paviluk, Marketing Manager, LOG-NET, Inc.,
Web Site: http://www.log-net.com/
LOG-NET is a registered trademark of LOG-NET, Inc. All trademarks and registered trademarks contained herein remain the property of their respective companies.