Visibility and Compliance Helps Keep Goods Moving Across Borders
ORLANDO, Fla., Feb. 22, 2010 (GLOBE NEWSWIRE) --Retail Industry Leaders Association (RILA) Logistics Conference -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), a federated global network logistics solutions provider, unveiled its latest integrated solution for importers to help manage inbound supply chain processes and gain visibility to the status of its shipments.
Descartes' integrated Visibility and Compliance solution helps importers work together with customs authorities and brokers to improve logistics efficiency by enabling potential order failures to be identified before they happen. The solution provides line-item-level visibility across multiple modes of transportation by connecting trading partners, enabling them to share data (such as purchase order, advanced shipment notices, shipment status messages and customs filing details), and monitoring the order process. It also enables importers to review their item-level classifications and quantities of goods as the data is shared with their broker for customs entry to help ensure that accurate duties and taxes are paid and border delays are avoided. Overall, the solution helps reduce shipment variability, costs associated with obsolete inventories and accelerate border crossings and customs processes.
"As governments around the world continue to implement regulations to keep our borders safe and secure, it's becoming more and more important for shippers and importers to directly manage their shipments with accurate, real-time and relevant information associated with the goods crossing the border," said Jonathan Wasserman, Senior Vice President, Global Trade and Compliance for Descartes. "Our latest integrated solution enables importers, regardless of whether they are self-filing or using a broker, to prepare and use their shipment data for accurate entries and on-going visibility. Our chief goal is to empower our customers to have better control over their shipments, ultimately this leads to saving time and money."
Descartes' integrated Visibility and Compliance solutions leverages the power of the Descartes federated Global Logistics Network (GLN) to provide the connectivity necessary to gain line-item visibility. Over 6,000 connected companies use the Descartes GLN to better manage logistics processes.
For more information about Descartes' solutions for importers, visit Descartes' representatives at the Retail Industry Leaders Association (RILA) Logistics Conference at the Gaylord Palms Resort and Conference Center in Orlando, Florida from February 22 to 24th at booth 305.
Descartes (TSX:DSG) (Nasdaq:DSGX) is making the world a better place by enabling global organizations with logistics-intensive businesses to save money by improving the productivity and performance of their operations. Underlying Descartes' offerings is the Descartes Global Logistics Network (GLN), one of the world's most extensive multi-modal business application networks. As a federated platform, the Descartes GLN combines with component-based 'nano' sized applications to provide messaging services between logistics trading partners, shipment management services to help manage third party carriers and private fleet management services for organizations of all sizes. Descartes' solutions and services deliver results by enabling organizations around the world to reduce administrative costs, billing cycles, fleet size, contract carrier costs, and mileage driven; improve pickup and delivery reliability; and optimize working capital through fleet visibility. Descartes' hosted, transactional and packaged solutions deliver repeatable, measurable results and fast time-to-value. Descartes customers include an estimated 1,600 ground carriers and more than 90 airlines, 30 ocean carriers, 900 freight forwarders and third-party providers of logistics services, and hundreds of manufacturers, retailers, distributors, private fleet owners and regulatory agencies. The company has more than 400 employees and is based in Waterloo, Ontario, with operations in Atlanta, Copenhagen, Heverlee, Pittsburgh, Ottawa, Montreal, Miami, Minneapolis, Washington DC, Derby, London, Silver Spring, Stockholm, Suzhou, Shanghai, Tokyo, and Toronto. For more information, visit www.descartes.com.
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This release contains forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relate to Descartes' solution offering and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, "Certain Factors That May Affect Future Results" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based.
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