Thursday February 1, 9:00 am Eastern Time Press Release SOURCE: Logistics.com, Inc. Logistics.com(TM) Restructures Its Products to Strategically Align With The Evolving Needs of Shippers and Transport Providers New Solutions Provide Shippers and Transport Providers With Unmatched Capability to Optimize Transportation Networks BURLINGTON, Mass., Feb. 1 /PRNewswire/ -- Logistics.com, Inc., the leader in transportation network optimization technology, today announced an evolution of its product offering into three clearly defined, enhanced solutions -- OptiYield(TM), OptiManage(TM) and OptiBid(TM) -- aimed at improving the efficiencies of its customers` transportation operations. The new solutions offer increased customization and flexibility, making it easier for shippers and transport providers alike to determine which solutions best match their transportation services needs. The newly refined solutions will also foster increased cooperation between shippers and transport providers, which will improve operations and maximize efficiencies across the board. ``We are the only transportation technology company that offers solutions tailored to both shippers and transport providers,`` said John Lanigan, chief executive officer of Logistics.com. ``By focusing our efforts on the complete transportation process, our customers improve overall operating efficiencies.`` In addition to being offered in the traditional client-server format, the newly offered solutions will also be available via an application service provider (ASP) model. This ``pay as you go`` offering is in response to increased demand for this type of model from Logistics.com`s existing customer base and the growing trend toward conducting transactions via the Internet. The new Logistics.com product line is divided into three solutions: OptiYield, an optimization solution for transport providers, OptiManage, a transportation management solution for shippers, and OptiBid, an online procurement solution for shippers. Within each of these overarching solutions are a number of modules that can either be employed as a part of the complete solution or on an individual basis. This empowers the customer to make the decision that is right for them, based solely on their specific needs. OptiYield is Logistics.com`s management and analysis solution for transport providers that helps them maximize profits while solving their most challenging business problems. Designed for truckload (TL), less-than-truckload (LTL), rail, air, parcel and ocean transport providers, OptiYield optimizes strategic and day-to-day decisions to improve profitability and customer service. With over 65 transport provider customers, including eight of the top ten trucking companies in the U.S., Logistics.com`s OptiYield optimizes over 60,000 trucks daily. The OptiManage solution is a comprehensive transportation management solution that gives shippers unsurpassed control over the transportation resources in their supply chain. OptiManage drives efficiencies into a shipper`s transportation management process in the form of reduced transaction times and costs through automation, optimization and integration. OptiManage modules easily integrate with manufacturing, supply chain, warehouse management and enterprise resource planning applications, to leverage information technology investments and minimize integration expenses. The ability to access OptiManage through the web using only a PC and an Internet browser, along with the flexibility to select the solutions that meet each individual shippers` needs, makes this solution ideal for new start-ups to Fortune 50 manufacturers. Finally, OptiBid is an online procurement solution that enables shippers to develop and execute optimal transportation strategies. Whether the intended goal is to design a strategic plan for a complete transportation network, acquire a transportation service contract for a single lane, or manage transportation contracts on an ongoing basis, OptiBid is designed to meet the operational and financial needs of practically any shipper, from a fledgling start-up to a Fortune 50 manufacturer. OptiBid is the first online product in the logistics industry to be used for annual service contracting and tactical lane level bidding. This capability is paying significant dividends for over 35 annual procurement customers, including Clorox, Colgate-Palmolive, Dannon, Kraft, Nestle, Proctor & Gamble, Quaker, The Limited and Wal-Mart. ``Each shipper and transport provider has different needs at different times throughout the year,`` said Kel Kelly, chief marketing officer for Logistics.com. ``It is our goal to allow our customers to tailor the deployment and usage of specific solutions and modules to suit their individual needs. Moreover, we are making our solutions available via ASP delivery, making the breakthrough capabilities of our products more accessible to all companies.`` |
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