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Covast B2B Suite for Logistics & Distribution reduces cost for Cardinal Logistics Management

Filed in archive News on December 2, 2006

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Covast, a leading provider of business- to-business (B2B) integration solutions, announced last week 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 transaction costs.

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.

(I got the original news release through this source: Network Security News)

Permalink: Covast B2B Suite for Logistics & Distribution reduces cost for Cardinal Logistics Management

Tags: b2b  retail  logistics  supply  chain  supply+chain  cardinal+logistics  covast+suite 

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