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Overseas Shippers Association Optimizes Ocean Freight Decisions with Rate Explorer
Wed, 21 Sep 2005, 12:13:00 EST Edited by Debra Tone    ARCHIVAL CONTENT Specialist European association to offer Management Dynamics' contract and price management solution as a value-added service to members EAST RUTHERFORD, NJ - September 21 (SEND2PRESS NEWSWIRE) -- Management Dynamics, Inc., a leading provider of on-demand solutions for global transportation and supply chain management, today announced that the Overseas Shippers Association (OSA), a specialist network of international moving and relocation companies, is implementing Rate Explorer 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 UK, 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. Rate Explorer will automate OSA's ocean carrier service contracts and allow its 150 members to instantly access over 7,000 rates and associated tariff information in order to prepare accurate and timely quotations for customers. Management Dynamics' Rate Explorer provides member companies with a centralized repository of available rates and routings under contract with OSA. Members can quickly calculate complete bottom-line shipping costs because Rate Explorer links to the carrier's rules tariffs to ensure all 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 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. "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. With Rate Explorer, member companies will 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." "OSA is providing its members with a valuable service, saving them time and money with Rate Explorer," said Jim Preuninger, CEO, Management Dynamics. "We're delighted to welcome OSA to our growing international customer base and see this as a powerful validation of the quality of contract and rate management solutions Management Dynamics has to offer. We look forward to working with OSA and their members to help them reduce their costs and solve their international transportation challenges." About Overseas Shippers Association (OSA) OSA provides commercial services to a group of international household goods removal and relocation companies most of whom are within Overseas Moving Network International (Omni). These services include point-to-point Ocean and Air freight contract negotiation, Less than Container Load (LCL) services and the ability to resolve most transport related problems for its agents. About Management Dynamics, Inc. Management Dynamics is a leading provider of on-demand solutions that improves the performance of global supply chains for importers, exporters, logistics service providers, and carriers. The company's solutions synchronise the flow of information among trading partners, optimise supply chain execution decisions and streamline logistics processes. Management Dynamics' software is relied on by over 9,000 global users at some of world's most successful 3PLs, carriers, manufacturers, retailers, and high technology companies. For more information, please visit www.ManagementDynamics.com or call +44 (0)1932 445220. Management Dynamics, Inc. and Rate Explorer are trademarks or registered trademarks, service marks or registered service marks of Management Dynamics Inc. All other product and company names mentioned herein may be trademarks of their respective holders.
NEWS SOURCE: Management Dynamics, Inc.
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