GT Nexus
Encyclopedia
GT Nexus runs an on-demand
global trade & logistics portal that is used by organizations to manage global logistics and trade processes. Customers include Xerox
, American Eagle Outfitters
, Procter & Gamble
, Del Monte Foods
and The Home Depot. Founded in 1998, GT Nexus operates in North America, Europe, Asia and South America and is focused on the Retail, Apparel, Automotive, CPG, Forest Products and logistics services industries.
Capabilities inherent to the platform include but are not limited to:
Trade
Logistics
Business Intelligence
(Supply chain analytics)
Software as a Service
Software as a service , sometimes referred to as "on-demand software," is a software delivery model in which software and its associated data are hosted centrally and are typically accessed by users using a thin client, normally using a web browser over the Internet.SaaS has become a common...
global trade & logistics portal that is used by organizations to manage global logistics and trade processes. Customers include Xerox
Xerox
Xerox Corporation is an American multinational document management corporation that produced and sells a range of color and black-and-white printers, multifunction systems, photo copiers, digital production printing presses, and related consulting services and supplies...
, American Eagle Outfitters
American Eagle Outfitters
American Eagle Outfitters is an American clothing and accessories retailer based in Pittsburgh, Pennsylvania. It was founded in 1977 by Mark and Jerry Silverman as a subsidiary of Retail Ventures, Inc., a company which also owned and operated Silverman's Menswear...
, Procter & Gamble
Procter & Gamble
Procter & Gamble is a Fortune 500 American multinational corporation headquartered in downtown Cincinnati, Ohio and manufactures a wide range of consumer goods....
, Del Monte Foods
Del Monte Foods
Del Monte Foods is an American food production and distribution company headquartered in San Francisco, California. Del Monte Foods is one of the country's largest producers, distributors and marketers of branded food and pet products for the U.S. retail market, generating approximately $3.6...
and The Home Depot. Founded in 1998, GT Nexus operates in North America, Europe, Asia and South America and is focused on the Retail, Apparel, Automotive, CPG, Forest Products and logistics services industries.
Products
GT Nexus products are designed to help importers, exporters, logistics providers and banks manage the flow of inventory and information related to global trade. All capabilities are delivered on-demand, over the Web. Customers select the capabilities they need, and pay for what they use, as they go via a subscription pricing model. GT Nexus bundles a global network of connected partners with all of its solution offerings.Capabilities inherent to the platform include but are not limited to:
Trade
- Supplier enablementSupplier enablementSupplier Enablement is the process of electronically connecting suppliers to a company's supply chain. Supplier enablement is achieved when suppliers of goods and services are connected to a company's back-office systems to exchange critical business documents such as purchase orders, invoices...
- Purchase-to-payPurchase-to-payPurchase-to-pay, often abbreviated to P2P and also called req to check, refers to the business processes that cover activities of requesting , purchasing, receiving, paying for and accounting for goods and services.-Automation:...
- Scan and Pack (GS1-128GS1-128GS1-128 is an application standard of the GS1 implementation using the Code 128 barcode specification. The former correct name was UCC/EAN-128. Other no longer used names have included UCC-128 and EAN-128...
) - Global Supply Chain FinanceGlobal Supply Chain FinanceA global supply chain refers to the network created among different worldwide companies producing, handling, and distributing specific goods and/or products....
- Landed Cost
Logistics
- Freight Contracting (encompassing Contract managementContract managementContract management or contract administration is the management of contracts made with customers, vendors, partners, or employees. Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions, as well as documenting and...
, Global logistics optimization, Freight auditFreight auditBy definition an audit is,* An examination of records or financial accounts to check their accuracy.* An adjustment or correction of accounts.* An examined and verified account....
, Spend managementSpend managementSpend management is the way in which companies control and optimize the money they spend. It involves cutting operating and other costs associated with doing business...
and Freight ProcurementProcurementProcurement is the acquisition of goods or services. It is favourable that the goods/services are appropriate and that they are procured at the best possible cost to meet the needs of the purchaser in terms of quality and quantity, time, and location...
) - Origin Operations
- Documentation and Customs (including Importer Security Filing)
- In-Transit Visibility
- Destination Operations
Business Intelligence
Business intelligence
Business intelligence mainly refers to computer-based techniques used in identifying, extracting, and analyzing business data, such as sales revenue by products and/or departments, or by associated costs and incomes....
(Supply chain analytics)
Major Announcements
- GT Nexus Acquires Metaship AG, Expands European Operations
- Del Monte Foods Selects GT Nexus
- Furniture Brands International Rolls Out GT Nexus
- Cost Plus World Market Deploys Global Trade and Logistics Operating Platform on GT Nexus Portal
- Liz Claiborne Inc. Selects GT Nexus to Power Global Supply Chain Operating Platform
- Sears Expands Use of GT Nexus Globally
- GT Nexus reports record transportation bid activity on global logistics portal
See also
- SaaSSaasSAAS is an abbreviation for* Social Accountability Accreditation Services* Software as a service * Student Awards Agency for Scotland* Seattle Academy of Arts and Sciences* South Australian Ambulance Service...
- Supply Chain ManagementSupply chain managementSupply chain management is the management of a network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers...
- supply chain management softwareSupply chain management softwareSupply chain management software is a business term which refers to a whole range of software tools or modules used in executing supply chain transactions, managing supplier relationships and controlling associated business processes....
- Supply chain networkSupply chain networkDue to the rapid advancement of technology such as pervasive or ubiquitous wireless and internet networks, connective product marking technologies like RFID and emerging standards for the use of these defining specific locations using Global Location Number, the basic supply chain is rapidly...
- Regulatory complianceRegulatory complianceIn general, compliance means conforming to a rule, such as a specification, policy, standard or law. Regulatory compliance describes the goal that corporations or public agencies aspire to in their efforts to ensure that personnel are aware of and take steps to comply with relevant laws and...
- Collaborative softwareCollaborative softwareCollaborative software is computer software designed to help people involved in a common task achieve goals...
- Collaborative Planning, Forecasting, and Replenishment
- Spend managementSpend managementSpend management is the way in which companies control and optimize the money they spend. It involves cutting operating and other costs associated with doing business...
- Vendor Relationship ManagementVendor Relationship ManagementVRM, or vendor relationship management is a category of business activity made possible by software tools that provide customers with both independence from vendors and better means for engaging with vendors...
- Collaborative Planning, Forecasting, and Replenishment
- Cloud ComputingCloud computingCloud computing is the delivery of computing as a service rather than a product, whereby shared resources, software, and information are provided to computers and other devices as a utility over a network ....
- Transportation management systemTransportation management systemA transportation management system is a subset of supply chain management concerning transportation operations and may be part of an enterprise resource planning system....
s
External links
- WhatPC – Feb 25, 2008 Piecing together the logistics jigsaw
- ZDNet – Feb 15, 2008 Dark Clouds and Silver Linings
- Logistics Management – Jan 23, 2008 Logistics technology: New ocean carrier portal deal may help US-EU shippers
- ABF Journal – Jun 08, 2007 The Technology Revolution in Global Logistics Will Change Your Business
- Inbound Logistics – May 22, 2007 3PLs and Carriers: Desperately Seeking Tech Solutions
- Lloyd's List – Apr 06, 2007 Smart Money Must Keep an Eye on Smart Technology