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Edited for Send2Press by Carly Zander
Management Dynamics Names B.M.V. Williams Chairman of the Board of Directors
Former Executive Director of P&O Nedlloyd to Provide Strategic Guidance as Management
Dynamics Continues its Expansion
EAST RUTHERFORD, NJ - March 23, 2004 /Send2Press Newswire/ -- Management Dynamics, Inc.
(www.ManagementDynamics.com), the market leader in price and contract management
solutions for the ocean transportation industry, today announced the appointment of
Barry Williams as Chairman of the Board of Directors. The former Executive Director of
P&O Nedlloyd brings over thirty years of IT and operational experience in the ocean
transportation industry to Management Dynamics, as the company continues to expand its
information services for carriers, NVOCCs and shippers.
Williams held numerous executive-level positions with P&O Nedlloyd with a focus on
applying information technology and effective change management programs to realize key
strategic initiatives. As Executive Director and member of the P&O Nedlloyd Executive
Committee, he led successful programs to consolidate back office operations in China and
India, diversify into freight forwarding and supply chain management services, and
implement the company's strategic e-commerce systems. Responsible for the worldwide
operations and business systems, his organization spanned a staff of 6,000 across 120
"Management Dynamics' tariff and contract management services have had a significant
impact on P&O Nedlloyd's operations and are uniquely positioned to create value for
parties on the other side of the agreement: importers, exporters and international
supply chain management service providers," said Barry Williams. "I look forward to
taking an active role on the board by providing guidance on strategy as well as helping
extend the company's leadership in information technology services for global
Mr. Williams' appointment as Chairman of the Board becomes effective May 23, 2004. As a
board member, he will advise management on company strategy and direction, assist with
investor relations, and help develop new markets.
"Barry is a veteran of the ocean transportation industry with an impressive track record
in defining successful business strategies and realizing results through the smart
application of technology," said Jim Preuninger, chief executive officer at Management
Dynamics. "We welcome Barry's leadership and experience to help realize the enormous
potential of our technology and services for shippers and transportation
About Management Dynamics, Inc.
Headquartered in East Rutherford, New Jersey, Management Dynamics is the market leader
in tariff and contract management solutions for the ocean transportation industry. The
company's flagship product, Rate Explorer®, is a web-based solution that automates
contracts to improve operations and reduce costs for importers, exporters,
transportation intermediaries, and carriers.
With the industry's most accurate rating
engine, Rate Explorer is used to calculate accurate bottom-line charges prior to quoting
or booking, identify and eliminate invoice errors, and improve back-office productivity.
Rate Explorer is the time-proven solution with over 6,000 users processing 8,000,000
transactions per month. For more information, please visit www.ManagementDynamics.com or
call (201) 935-8588.
Previous News from Management Dynamics, Inc.
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