Optimized Transportation Management, Inc. Fills The Gaps In The Global Supply Chain
Pittsburgh PA--(Marketwire) - Optimized Transportation Management, Inc (OTCBB: OPTZ), the Pittsburgh, Pennsylvania based freight transportation services and supply chain solution enterprise is taking control of its industry from the bottom up. Optimized has designed an all-inclusive "One-Stop-Shop" business strategy that acts as a total solution provider of supply chain execution software and services, which are aimed directly at its target market of manufacturers and distributors in the Fortune 1000 and even smaller.
Chief Operating Officer and recently appointed company President, Larry Berry is confident in the progress. "We have refined the company vision to reconcile many of the deficiencies found in alternate transportation companies," said Berry.
The current Supply Chain Management and Supply Chain Execution markets are highly fragmented with many vendor companies only performing a small part of the chain. The larger alternatives also have a truncated strategy according to Optimized Transportation's vision, focusing exclusively on supplying either the software or transportation management.
Unlike other companies, Optimized Transportation's vision is one of completeness; wherein they design and utilize both the software necessary for transportation and to carry out the shipping. The result of this is less fragmentation; and a company that appeals to the overlooked but profitable market of midsized manufacturers. The more segments of the supply chain that Optimized aggregates, the higher the profit margins it will enjoy in each segment and across the board. The lower price tags that come alongside greater self-sufficiency, which includes a number of commissioned sales agents expanding the clientele, opens up supply chain management to a new market expected to drive as much as $50 million in revenue for the current year.
OTMI is convinced they can effectively capitalize on unmet need by marketing ever increasing parts of the self-contained supply chain to the base of over one thousand customers to make for quick and powerful market entry.
Among the elements of the supply chain being provided are freight agents, warehousing agents, intermodal agents, freight forwarding agents and OTSI, the company's exclusive software service that facilitates tracking freight and assets through the supply chain.
By being involved with every part of the shipping process, OTMI can guarantee the quality of their service and offer lower price tags than those fragmented corporations catering to Fortune 500 companies.
Mr. Berry is confident in the business model at Optimized, having seen its efficacy during his time at Landstar Inc., where he was a founding board member.
"Landstar evolved into a global logistics provider," Berry said, drawing a comparison between Optimized and the now over $40 per share brand he helped to build. "We are starting with that strategy. We are both similar in that we will focus on commissioned agents as well as mergers and acquisitions."
About Optimized Transportation Management, Inc. (OTCBB: OPTZ):
Headquartered in Pittsburgh, PA, Optimized Transportation Management, Inc. is a supply chain logistics company that provides clients with global freight and operations management services. The company's website is www.OTMIonline.com.
Safe Harbor Statement: This press release contains forward-looking statements as defined in The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results may differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to, the ability of The Company to complete the proposed acquisition(s), the results of The Company's due diligence review of the candidate(s), the success of the business of the acquisition candidate(s), including the ability of The Company to continue to sell the applicable products and the acceptance of those newly designed products by the market, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings. The closing of any transaction will be subject to complete due diligence, inspections, and completion of audited financial statements in accordance to GAAP as required by the SEC prior to consummation.
SOURCE: Optimized Transportation Management, Inc.