MIDLAND PARK, NJ, August 29, 2010 (Press-News.org) Transportation software provider IES, Ltd. is proud to be among the co-finalists on the shortlist for the CSCMP 2010 Supply Chain Innovation of the Year Award. The case study, titled "Smart Consolidation to Break Speed-Cost Trade-Off's", combines the expertise of importer Bakers Footwear Group, international freight forwarder Transmodal Corporation and transportation software provider IES Ltd. The joint-analysis ranks among the most innovative supply chain solutions of the year according to industry organization CSCMP (Council of Supply Chain Management Professionals).
The case study is a pioneering analysis of how cargo shipped to the same destination via small-parcel carrier can be effectively consolidated by to taking advantage of lower shipping costs based on volume weight rates. Compared to individual package rates, the application produced an average savings of over 40%.
Tom Zinner, Director of Software Development at transportation software provider, IES, Ltd, explains the study in more detail, "Simply stated, the application of packing optimization software results in a significant savings in the long run. Mr. Zinner continues, "The joint case-study focused on the implementation of an innovative new drop-ship program with its client's US-based retail stores. The team immediately recognized the challenge of consolidating multiple shipments destined for a single destination into the fewest number of cartons while still minimizing domestic shipping costs."
"Our optimization process allows clients to utilize a small package carrier to move goods to the final destination for the same price as LTL, but without the added paperwork. The result is up to 40% savings is shipping cost. Multiplied repeatedly across the entire supply chain, the cost savings is significant and presents a clear competitive advantage."
"A visual example is often the best way to illustrate the benefits of package optimization. Through a complex series of algorithms, the software analyzes the most efficient way to load a package based on delivery rates of the small parcel carrier. The software then generates an easy-to-read, step-by-step series of pick-tickets that clearly show how each of the inner packages should be placed into the over-pack.
Charles Kantz, Vice President of Logistics/Warehousing of Bakers Footwear Group; Max Kantzer, President of Transmodal Associates; and Thomas Zinner, Director of Supply Chain Software & Strategies of IES, Ltd. are scheduled to present their joint analysis at CSCMP's annual conference. The event is scheduled for September 26 to 29, 2010 at the San Diego Convention Center, San Diego, California, with the above described presentation scheduled for September 27, from 10:00am to 11:30am Pacific time.
About CSCMP
Founded in 1963, the Council of Supply Chain Management Professionals is the leading worldwide professional association dedicated to education, research, and the advancement of the SCM profession. With over 8,500 members representing nearly all industry sectors, government, and academia from 67 countries, CSCMP members are the leading practitioners and authorities in the fields of logistics and supply chain management. Please visit http://www.cscsmp.org for more information and/or how to become a member.
About IES, Ltd.
With over 20 years in operation, IES, Ltd., is a leading transportation software provider. The company offers a suite of software solutions for freight forwarders, customs brokers, NVOCC's and more. IES products are operated in over 70 countries with thousands of users and millions of daily transactions. For more information, visit http://www.iesltd.com, call 201-639-500 or email sales@iesltd.com
CSCMP
333 East Butterfield Road, Suite 140
Lombard, Illinois 60148 USA
Tel: 630-574-0985
Fax: 630-574-0989
cscmpadmin@cscmp.org
http://www.cscsmp.org
IES, Ltd. - World Headquarters
445 Godwin Avenue
Midland Park, NJ 07432
Tel: 201-639-5000
Fax: 201-639-5005
sales@iesltd.com
http://www.iesltd.com
IES Asia, Ltd.
10 Metropolis Drive
22-F Metropolis Tower
Hung Hom, Kowloon, Hong Kong
Tel: 852-2366-3801
Fax: 852-2366-9337
salesHK@iesltd.com
http://www.iesltd.com
IES Ltd on the Shortlist For Innovation of the Year Award
The Supply Chain Innovation Award recognizes the best and most innovative solutions and ideas in the supply chain profession, including transportation software provider, IES, Ltd.
2010-08-29
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[Press-News.org] IES Ltd on the Shortlist For Innovation of the Year AwardThe Supply Chain Innovation Award recognizes the best and most innovative solutions and ideas in the supply chain profession, including transportation software provider, IES, Ltd.