TNT Logistics Partners With Optiant For End-to-End Supply Chain Optimization
TNT Logistics, a leading provider of supply chain services, announces it will use Optiant's PowerChain suite to help its global customers eliminate millions of dollars in landed inventory costs.
Adding Optiant's award-winning solution for supply chain design and optimization to its portfolio of services, TNT will extend its offerings to help create and tune many of the world's most complex, efficient and profitable logistics networks. The partnership meets growing customer awareness of the need for innovative answers to the challenge of managing inventory and stock flows under ever-changing market conditions.
"Today's supply chains are as much about right-sizing inventory levels and the logical positioning of products throughout the network, as they are about the ability to move materials effectively between multiple trading partners," said Keith Goldsmith, vice president of technology for TNT Logistics. "Optiant's PowerChain suite enhances our ability to help customers further reduce their costs by modeling product flows from raw material states all the way through the final points of consumption. This will help our customers eliminate waste from their operations, a major leap forward in the quest for operational excellence."
TNT's customers in key vertical markets, including automotive, industrial manufacturing, fast moving consumer goods, utilities, rail, and tires can now tap into Optiant's best-of-breed offering to align their entire supply chains and their interdependencies.
"TNT is synonymous with world-class customer service and integrated logistics solutions that solve many of the toughest challenges in the supply chain," said Jonathan Colehower, Optiant's president and CEO. "We're extremely pleased to join forces with TNT and bring a new level of value and strategic advantage through superior supply chain design to its global customers."
About TNT Logistics
TNT Logistics is a leading global logistics provider. TNT designs,
implements and operates complex supply chain solutions on a national, regional
or global scale for medium to large enterprises. Through its freight-
forwarding unit, TNT provides air and sea freight services within an
international network. TNT exploits technology to achieve optimization,
integration and visibility throughout the supply chain. The company focuses on
a diverse range of market sectors including automotive, tires, general
industry, fast moving consumer goods/retail, rail and utilities.
TNT Logistics employs 40,000 people, who are operating in 40 countries,
managing over 91 million square feet of warehouse space. In 2004, TNT
Logistics reported sales of $5.38 billion. The TNT Logistics North America web
site address is: http://www.tntlogistics.us. TNT Logistics is a division of
TNT N.V. The TNT web site is: http://www.tnt.com/tntgroup/
About Optiant
Optiant is a pioneer in the emerging market of supply chain design and
optimization. Optiant's flagship software solution, the PowerChain suite,
enables global organizations to design and configure optimal supply chains,
solving real-world problems today. PowerChain determines cost-effective
inventory placements and integrates supply chain strategy into sourcing and
distribution processes for quantifiable results in less than ninety days.
Optiant has proven that intelligent inventory policies improve customer
service levels and provide rapid ROI by driving out millions of dollars of
associated costs from complex supply chains. Our roster of blue-chip clients,
including Global 1000 discrete manufacturers, utilizes Optiant's expertise to
design competitive supply chains and innovative inventory policies. PowerChain
solutions are built on patent-pending optimization technology based on more
than ten years of leading-edge research and industry partnerships at the
Massachusetts Institute of Technology. Optiant is a privately held company
headquartered in Boston, Mass., and can be reached at http://www.optiant.com
or (781) 238-8855.