Overseas Shippers Association Aims to Optimize Ocean Freight Decisions

Specialist European association to offer Management Dynamics' contract and price management solution as a value-added service to members

Specialist European association to offer Management Dynamics' contract and price management solution as a value-added service to members

East Rutherford, NJ — September 27, 2005 — The Overseas Shippers Association (OSA), a specialist network of international moving and relocation companies, is implementing a solution from Management Dynamics for use by its worldwide membership for ocean contract and quotation management.

Established in 1994 as a spin-off from the Overseas Moving Network International (Omni) and based in the United Kingdom, OSA is a non-profit organization dedicated to helping its members negotiate effectively with liner shipping companies to move household and commercial goods across six continents.

OSA will be using Management Dynamics' Rate Explorer solution to automate its ocean carrier service contracts and allow its 150 members to access over 7,000 rates and associated tariff information in order to prepare accurate and timely quotations for customers.

Management Dynamics said Rate Explorer provides member companies with a centralized repository of available rates and routings under contract with OSA. Members can calculate bottom-line shipping costs because Rate Explorer links to the carrier's rules tariffs to ensure applicable surcharges, general rate increases and other add-on charges are included in the total cost. In addition, the system enables members to compare multiple rate and route options side-by-side in order to offer greater choice to customers as well as optimize booking decisions.

As a Web-based application, Rate Explorer will be made available to members via the association's intranet, which, Management Dynamics said, will help simplify contract administration, reducing paperwork and improving back-office productivity. Rate Explorer will also help member companies to improve the accuracy of their financial statements and efficiently audit freight bills to eliminate carrier invoice overcharges and protect member profits, the solution provider said.

"Sea freight made simple is attractive for our members," said Oliver Ward, commercial director of OSA. "Ocean pricing is not their primary business and, until now, we haven't been able to provide the in-depth contractual information required in an easily accessible format."

Ward went on to predict that, with Rate Explorer, OSA's member companies would save considerable time and effort in researching and preparing accurate sea freight quotations for customers and be able to make faster, better-informed rate, route and carrier decisions going forward.


Additional Articles of Interest

— Looking for the best carriers for your organization? Here are seven tips to help you on your way. Read the SDCExec.com exclusive, "Need Capacity? Get Flexible."

— Words of wisdom from one university professor go a long way to help business students excel in supply chain management. Read "Interview with Dr. John T. Mentzer: Teaching Supply Chain" in the June/July 2005 issue of Supply & Demand Chain Executive.

— Hard data and sophisticated planning are key when goods and materials start flowing upstream through the reverse supply chain. Read more in "Meeting the Reverse Logistics Challenge" in the June/July 2005 issue of Supply & Demand Chain Executive.


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