Covast B2B Suite for Logistics & Distribution to Reduce Supply Chain Costs by $20K per Month for Cardinal Logistics Management Corp.
Covast improves supply chain visibility, eliminates third-party VAN charges
ATLANTA - November 30, 2006 - Covast, a leading provider of business-to-business
(B2B) integration solutions, today announced that Cardinal Logistics Management
Corp. has deployed the Covast B2B Suite for Logistics & Distribution. Designed
to integrate all external supply chain systems and communications onto a single
integration platform, the Covast B2B Suite allows the company to conduct and
manage supply chain communications more quickly, cost-effectively and flexibly.
As a result, Cardinal Logistics expects to save up to $20,000 per month in B2B
Cardinal Logistics is a leading provider of third-party logistics (3PL), transportation
and supply chain solutions. Clients include large manufacturers and retailers
such as KraftMaid Cabinetry, The Home Depot and Coca-Cola. The company recently
decided to implement a new B2B integration solution that could reduce supply
chain costs and better support an increase in the volume of electronic data
interchange (EDI) transactions. Because Cardinal Logistics provides customers
with multiple status updates on every load transported, value added network
(VAN) character charges had become a hefty expense. Additionally, the company
needed a more reliable solution to provide improved visibility and reporting
at every step of the transaction transmission process.
Since deploying the Covast B2B Suite for Logistics & Distribution more
than four months ago, Cardinal Logistics has realized the following benefits:
- Lower B2B Transaction Costs: The Covast solution has significantly
decreased the company's B2B transaction costs, such as EDI and VAN character
charges. By mid-2007, Cardinal Logistics estimates they will be saving up
to $20,000 each month.
- Less Time to Add New Trading Partners: As Cardinal Logistics' business
grows, adding trading partners to the network can be cumbersome. The Covast
solution allows the company to add new trading partners to its B2B systems
in 50 percent less time.
- Increased Flexibility and Customization Capabilities: Cardinal Logistics
can now quickly adapt to their customers' supply chain requirements. The Covast
solution allows Cardinal Logistics to easily make changes to functions such
as document mapping, reporting and verifications.
- Simplified Invoicing and Tracking: The ability to see and sort transaction
detail has allowed Cardinal Logistics to expedite and simplify its invoicing
and collection process.
Cardinal Logistics selected the Covast B2B Suite for Logistics & Distribution
for several reasons. The solution, which includes the Covast AS2 Adapter and
the Covast EDI Accelerator, integrates seamlessly with Microsoft BizTalk Server.
Cardinal Logistics can now connect to trading partners via the AS2 adapter while
enjoying accelerated EDI transactions to support its transportation services.
Additionally, the company can now create custom reports that provide improved
visibility into critical delivery information.
The supply chain has become a target for cost reduction initiatives.
Many companies are starting to realize that in-house B2B integration solutions
are an easy way to cut costs, while making the supply chain more responsive
and less problematic," said Daan Scheer, CEO, Covast.
To learn more about the Covast B2B Suite for Logistics & Distribution,
please visit www.covast.com.
Covast is a leading provider of business-to-business (B2B) integration solutions
for collaborative business environments. The company provides integration solutions
that bridge the gap between legacy B2B applications and today's new Internet
standards. The suite of products that Covast offers is designed to facilitate
fast and cost-effective B2B integration with single platform environments, such
as those supported by Microsoft BizTalk Server and IBM WebSphere. Covast is
a Microsoft Gold Certified Partner and an IBM Business Partner. With its European
headquarters in the Netherlands and its U.S. headquarters in Atlanta, Covast
has strategic relationships with partners and customers including GXS, Accenture,
EDS, HP, Citrix and Siemens. For more information, visit http://www.covast.com.
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