Order Logistics Announces the Completion of Its Solve (IT)2 "Integrated Global Supply Chain Technology Solution"
Thursday August 2, 1:28 pm ET
CHAMPAIGN, IL--(MARKET WIRE)--Aug 2, 2007 -- Order Logistics (Other OTC:ODLO.PK - News) (www.orderlogistics.com) is pleased to announce the completion of its proprietary end-to-end, web-based global supply chain technology solution.
The technology is an integrated software suite of multiple integrated modules that is a recognized brand powered by the Solve (IT)2 platform, designed to streamline the management of global sourcing issues, such as production scheduling, global vendor enrollment, and qualification compliance with governmental regulations and total supplier quality assurance. It is ideal for businesses in the manufacturing and distribution industries.
"The suite of powerful modules provides a true end-to-end approach to the global supply chain," said Paul McCreary, Executive Vice President of Business Solutions for Order Logistics. "By end-to-end, we mean just that:"
-- Factory qualification.
-- Standardization of factory audits and inspections.
-- Product quality standardization and on-line inspections.
-- Addressing social compliance requirements in remote parts of the
globe.
-- On-line RFQ and negotiation to multiple vendors.
-- Paperless execution of Purchase Orders.
-- Displaying forecasts and Purchase Orders on-line, real time.
-- Executing the release and building of orders into cost-effective
shipments.
-- Load optimization and execution.
-- Real-time updates: updates and changes to requirements can be
communicated immediately to a company's suppliers and vendors, with real-
time notification of receipt and acceptance.
-- Comprehensive, automated load tracking.
-- Consolidated billings and accounting tools.
-- Powerful reporting tools, down to the SKU or part level detail.
Currently this solution is managing over $1 million per month in globally sourced products. Combined Solve(IT)2 implementations and operations are managing hundreds of suppliers in over 80 countries worldwide and our software can be found being accessed from New York to the factory docks in Hong Kong.
Fuji selected the iECC module to centralize and automate the enrollment and ongoing management of certified/authorized suppliers for the organization and manage enrollment, monitor performance and oversee regulation compliance among a worldwide vendor and supplier base.
Agri-Fab uses the platform to facilitate their lean manufacturing initiative. Agri-Fab's implementation of TMS provides benefits which include:
-- Visibility to inbound and outbound parts and products
-- Real-time order fulfillment by suppliers
-- Automated invoice auditing and payments
-- On-line collaboration with suppliers, carriers and customers
-- Improved delivery performance for vendor parts and whole goods
Liz Claiborne and their purchase of our iPQA module has been featured in Apparel Magazine. The article chronicles one of the leaders in the apparel industry, Liz Claiborne, with revenues of $4.8 billion. Logistics managers within Liz have an enormous and complex problem to deal with, how to successfully and efficiently source goods from over 3,000 factories and 35 countries, keeping distribution and labor costs under control, while ensuring high product quality. The article goes on to discuss the best-of-breed applications that have been implemented for the various areas of the supply chain, including Logistics, Wholesale Distribution, Financial and Quality Assurance.
In addition, this program has been included in the 2006/2007 Blackberry Solutions Guide. Blackberry, a registered trademark of Research In Motion, is a leading wireless connectivity solution for corporate enterprises. As a wireless enabled solution, these applications now extend their value by enabling the user to utilize the solutions while out-of-the-office, onsite with global suppliers or simply while traveling.
Order Logistics developed a collaborative application to manage markdowns and allowances for Kellwood Corporation and has been featured in an article profiling Kellwood's successful implementation of the system. The article, "Kellwood Facilitates Allowance Activity via Automation," is featured in the Journal of Trading Partner Practices (JTPP). JTPP is a publication focused on best practices in Supply Chain Compliance, Trade Promotion and Deduction Management and is sponsored by the Trade Promotion Management Association, Vendor Compliance Federation and the Retail Compliance Council.
"Our footprint in supply chain visibility and worldwide logistics solutions continues to grow," said Brian Griffin, president of Order Logistics. "The value we bring to our clients can now be expanded to a much broader market to now include dynamic global sourcing, visibility and execution throughout the supply chain. We now bring the value proposition of a complete end-to-end global supply chain solution to the marketplace." These modules help Order Logistics' clients manage their supply chain around the globe.
About Order Logistics
ORDER LOGISTICS, (Other OTC:ODLO.PK - News), Inc. is an award-winning supply chain Technology Company. Order Logistics helps great companies discover, manage and execute their most effective global supply chain solutions strategies.
The Order Logistics team, technology, solutions, and dedicated transportation resources allow organizations to have world-class visibility, information and controls without disrupting existing plans, processes, partnerships, and information systems. By leveraging technology, business solutions, operatioadnal expertise, and a centralized capacity network of transportation providers to take advantage of logistical opportunities, Order Logistics provides end-to-end solutions for its customers. This allows each customer to gain control over their unique distribution network and utilize their existing information systems to their full capacity.
Note: Except for the historical information contained herein, this news release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third-party manufacturers, product commercialization, competition, litigation, and the other risk factors. The forward-looking statements contained in this news release represent judgments of the management of Order Logistics as of the date of this release. Order Logistics and its managers and agents undertake no obligation to publicly update any forward-looking statements.
Contact:
Contact:
For information contact:
Ezra Smith
C. Jones Consulting Inc.
727-771-9500
727-771-9545 Fax
ezra@jonesconsulting.com
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