Exel Deploys Descartes' Ocean Contract Management

Logistics company provides shipping rate information to customer more quickly using solution.

Logistics company provides shipping rate information to customer more quickly using solution

Waterloo, Ontario  March 16, 2005  Third-party logistics provider Exel has tapped Descartes Systems Group for a solution to manage its contracts for ocean-going cargo, enabling the 3PL to provide shipping quotes to its customers more quickly.

Exel is using Descartes' Ocean Contract Management solution to store, amend, update, search, retrieve, quote, calculate and manage shipping rates for ocean-going cargo. Exel has used the solution to store all its buy rates with ocean carriers, both in regulated and non-regulated trade-lanes, as well as to store Exel's sell rates, including new services arrangements with non-vessel operating common carriers (NVOCCs).

Descartes said that the Ocean Contract Management solution provides timely and precise shipping rate information to Exel, enabling the 3PL to more quickly quote shipping rates to their customers and thereby close business more effectively.

Exel has deployed Ocean Contract Management solution across its global enterprise with users in Asia, Europe and the Americas. "Descartes' Ocean Contract Management solution provides us with quality data and technology through which we are able to offer our customers value-added services that help set Exel apart from the competition," said Mike Meierkort, vice president for sea freight at Exel.

"Descartes' Ocean Contract Management solution has been providing sophisticated capabilities to logistics leaders like Exel for over 15 years," said Edward Ryan, general manager of Descartes' Global Logistics Network. "These Web-enabled products allow our customers to make better pricing and shipping rate management decisions, resulting in more profitable contracts for our customers and enhancing their own high quality service."

Exel is the global leader in supply chain management, providing customer-focused solutions to a wide range of manufacturing, retail and consumer industries. Exel's comprehensive range of innovative logistics solutions encompasses the entire supply chain from design and consulting through freight forwarding, warehousing and distribution services to integrated information management and e-commerce support.

Exel, with a pro forma turnover of $9.0 billion in 2004, employs over 109,000 people in 2,050 locations in more than 120 countries worldwide. Descartes provides "on-demand" technology and services to distribution and logistics sensitive organizations.

Additional Articles of Interest

For more information on the latest trends in the logistics space, see the article "The Analyst Corner: Fulfillment & Logistics" in the October/November 2004 issue of Supply & Demand Chain Executive.