Management Dynamics, a leading provider of Global Trade Management solutions, today announced that it has changed its name to Amber Road.  The name change comes during a year of rapid expansion, marked by a 40% growth in employees, a 325% increase in European bookings, and the opening of a flagship office in Tysons Corner, Virginia.  This breakout year is anchored by a 33% compound annual growth rate (CAGR) in overall revenue for the past decade. 

“Today, our SaaS-based solutions span fourteen software products that include global transportation management, import/export compliance, supplier management, supply chain visibility and a content knowledgebase covering trade regulations and tariffs for more than 120 countries, “  said Jim Preuninger, CEO.

To learn more, please read the full press release or visit http://www.amberroad.com/.

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“We’re proud to be associated with these leading companies and we continue to be impressed by their innovative use of our solutions. The results are a testament to the fact that global trade management solutions, when combined with forward-thinking supply chain strategies, can have a measurable impact on return on assets (ROA), revenue growth, and competitive advantage,” said Jim Preuninger, CEO of Management Dynamics.

For more information on how the survey and research was conducted, please visit The Gartner Supply Chain Top 25 for 2011.

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Supply chain visibility is something that can be easily achieved by implementing an enterprise-wide automated technology solution. A software solution such as Management Dynamics’ allows users precisely monitor the inbound and outbound movement of goods at the shipment, order and SKU level, using over 350 reference points. This level of visibility enables suppliers, manufacturers, retailers and transportation companies to improve customer service and minimize expediting costs by managing inventory in-transit. So no matter how volatile the market is, companies can have complete visibility and control of their inventory levels.

To learn more  about how a software solution can improve supply chain visibility, please check out Supply Chain Visibility Excellence: Fostering Security, Resiliency and Efficiency. This new report from Aberdeen Group focuses on gaining visibility into critical elements across the end-to-end logistics network for improving cost and service. Additionally, it takes a look at how Best-in-Class companies are streamlining their supply chains.

Key findings include:

• Best-in-Class companies experienced a 3% decrease in supply chain execution cost as a percent of revenue (inbound /outbound transportation, pipeline and staged inventory and SC management costs)
• Best-in-Class companies experienced a 3% decrease in total landed costs per unit handled
• Best-in-Class companies are between 19% and 42% more likely to respond to non-catastrophic supply chain disruptions within hours.

Download the report today at this link.

To read more on the Capgemini survey findings, please check out Material Handling & Logistics’ article, Demand Volatility Is the Top Business Driver for Supply Chain Managers.

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These [global trade management software] tools provide an immediate and visible return on investment, enabling companies to reduce costs, improve operations, shrink manual data entry errors, facilitate cross-border movements, and improve customer service. In addition, reducing cycle times, eliminating bottlenecks, improving distribution networks, lowering out-of-stocks, and determining the best way to ship freight can also lower emissions, an ecological goal for many companies.

He also offers some sound advise for companies who may be looking to take the next step toward globalization:

Companies no longer have to take on all facets of international trading at once. And with the advent of cloud computing, otherwise known as Software as a Service (SaaS), companies can collaborate with trading partners around the globe with minimal start-up costs and headaches using a pay-as-you-go model.

Please follow this link to read the full feature article, Global Trade Management Software: International Trading Made Easier.

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FEATURED ARTICLES:
Journal of Commerce: Technology’s Survival Kit – September 1, 2009
Nathan Pieri discusses how the Global Trade Management providers have thrived during the recession magnifying the importance of controlling supply chain costs.

Supply & Demand Chain Executive: Hard Times Are GTM Time - September 1, 2009
As the recession took hold of many U.S. companies, new strategies were created to help counter-balance the hard times. Nathan Pieri offers several compelling arguments in favor of making Global Trade Management investments in today’s hard times.  

Journal of Commerce: Holding Your Breath Won’t Help – September 7, 2009
In recent months, major Global Trade Management software providers have launched a range of products aimed to help in the process of filing ISF information, including Management Dynamics. Ty Bordner discusses the importance for importers to be ready for the mandatory Importer Security Filing ruling.

MENTIONS:
Journal of Commerce: Retailer’s Balancing Act - November 2, 2009

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