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ROI Calculator Debuts for Logistics Management Automation Platform
Agistix debuts tool to help supply chain professionals perform cost-benefit analysis of investment in on-demand LMA software
Redwood City, CA — April 30, 2008 — Logistics management automation (LMA) specialist Agistix has debuted a new return on investment (ROI) calculator aimed at helping companies understand the benefits and savings that can be gained from using the solution provider's on-demand LMA platform.
In today's challenging market environment, executives are demanding tangible returns on supply chain spending. Agistix is attempting to address the C-level agenda by developing a sales support tool to document the payoff of its solution to senior management for supply chain professionals considering the use of Agistix's platform.
"In today's economy, supply chain professionals are forced to do much more with drastically reduced budgets and must justify the ROI before beginning new initiatives," said David Fox, president and CEO of Agistix. "The ROI Calculator helps supply chain professionals validate the costs involved with gaining visibility and control of all of their shipments through a carrier-neutral, Web-based system."
The ROI calculator identifies estimated savings based on data gathered during the sales process regarding a company's supply chain costs. Factors taken into consideration include quantifiable costs such as transportation spend and labor costs, and can also include less-tangible costs such as estimated time spent contacting suppliers and carriers for shipment status.
The tool provides a free estimate of savings and return based on specified uses of the LMA platform. Agistix said its business development team will work with the customer to confirm that the information used is valid while gaining agreement of the estimated savings.
The benefits and savings calculations result in opportunity identification, allowing for decisions to be made with regards to the use of the Agistix LMA platform, the solution provider said. The ROI calculator can also be used as a reference point when reviewing performance and expectations during quarterly business reviews.
"In launching this tool, we feel Agistix has taken an early lead in anticipating and responding to the market demand for quantifying the benefits of global transportation solutions and developing underlying financial models to validate this need," Fox said.
In today's challenging market environment, executives are demanding tangible returns on supply chain spending. Agistix is attempting to address the C-level agenda by developing a sales support tool to document the payoff of its solution to senior management for supply chain professionals considering the use of Agistix's platform.
"In today's economy, supply chain professionals are forced to do much more with drastically reduced budgets and must justify the ROI before beginning new initiatives," said David Fox, president and CEO of Agistix. "The ROI Calculator helps supply chain professionals validate the costs involved with gaining visibility and control of all of their shipments through a carrier-neutral, Web-based system."
The ROI calculator identifies estimated savings based on data gathered during the sales process regarding a company's supply chain costs. Factors taken into consideration include quantifiable costs such as transportation spend and labor costs, and can also include less-tangible costs such as estimated time spent contacting suppliers and carriers for shipment status.
The tool provides a free estimate of savings and return based on specified uses of the LMA platform. Agistix said its business development team will work with the customer to confirm that the information used is valid while gaining agreement of the estimated savings.
The benefits and savings calculations result in opportunity identification, allowing for decisions to be made with regards to the use of the Agistix LMA platform, the solution provider said. The ROI calculator can also be used as a reference point when reviewing performance and expectations during quarterly business reviews.
"In launching this tool, we feel Agistix has taken an early lead in anticipating and responding to the market demand for quantifying the benefits of global transportation solutions and developing underlying financial models to validate this need," Fox said.
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