Descartes Announces Latest Releases to Products in Delivery Management and Global Logistics Network Suites.WATERLOO, Ontario Coordinates: Waterloo is a city in Ontario, Canada. It is the smallest of the three cities in the Regional Municipality of Waterloo, and is adjacent to the larger city of Kitchener. -- The Descartes Systems Group Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DSGX DSGX Dynamic Sound Generator Xtra (Sony) DSGX Dynamic Sound Generator Extra )(TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :DSG DSG Direct Shift Gearbox (Audi) DSG Dosage DSG Deputy Secretary General DSG Dressing DSG Designate DSG Desmoglein DSG Duke Student Government (Duke University) ) - Enhancements to Descartes' Solutions for Fleet Management, Contract Carrier Management, Delivery Visibility, Logistics Messaging and Rate Management The Descartes Systems Group Inc. (NASDAQ:DSGX)(TSX:DSG), a leading provider of on-demand delivery management solutions and services for transportation, logistics, manufacturing, retail and distribution enterprises, today announced the latest enhancements to its Delivery Management(TM) and Global Logistics Network(TM) (GLN Gln glutamine. ) suites. The new releases offer customers of Descartes' solutions for fleet management, contract carrier management, visibility and event management, logistics messaging and rate management the opportunity to further leverage and extend the value of their existing investments in Descartes' solutions. "We have continued to make significant investments in solution development over the past year," said Arthur Mesher, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Descartes. "Our customers are telling us that they want a single logistics technology partner with a broad solution footprint and domain expertise. We believe our commitment to expanding and enhancing our logistics technology solutions continues to position us well to be a preferred choice for logistics services providers, and manufacturers, retailers and distribution enterprises." Descartes Delivery Management Suite The latest releases in the Descartes Delivery Management suite provide users with enhanced scalability and role-based access control The identification, authentication and authorization of individuals based on their job titles within an organization. Contrast with mandatory access control and discretionary access control. See least privilege. across the entire solutions suite. Additionally, several products have been given new features and enhancements: - Descartes Sales and Territory Planner(TM) has an expanded set of algorithms to generate more geographically compact territories, helping to improve route productivity by as much as 16%, and balancing routes against key objectives such as driver hours and revenue; - Descartes Reservations(TM) features improved response times and more robust modeling capabilities to address a wider range of operational situations and restrictions; - Descartes Route Planner Route planner is a tool for finding optimal routes (usually for traveling by car) from one place to another. They can typically provide a list of places one will pass by, with crossroads and directions that must be followed, road numbers, distances, etc. (TM) contains enhanced visualization and user interface control options to improve ease-of-use and manage user access across the enterprise; - Descartes Route Planner RS(TM) offers route solutions that now consider key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. (KPIs) such as stops-per-hour and pounds-per-mile to ensure routes are consistent with company performance goals; - Descartes Automated Vehicle Locator (AVL (Automatic Vehicle Location) See mobile positioning. )(TM) is enhanced to offer light dispatch features for work assignment and route edits, and has extended views to enhance the productivity of customer service representatives; - Descartes MobileLink(TM) now covers a wider array of mobile workforce applications and allows enterprises to pass more types of information to and from handheld devices. The new GPS-enabled Descartes MobileLink Tracker(TM) allows logistics operations to track their pick-ups and deliveries without requiring driver intervention; - Descartes Transportation Manager(TM) offers improved load optimization performance and addresses a broader range of market requirements, such as support for fuel surcharges for logistics services providers and support for RosettaNet for high-tech and electronics supply chains; - Descartes Visibility & Event Management(TM) has been enhanced to improve problem alerting and documentation, and facilitate collaboration in resolving supply chain problems; and - Descartes Reporting Services(TM), first announced on August 3, 2005, has been further enhanced to allow customers to mine all types of supply chain data and more easily display it through a dashboard. In addition, in August 2005, Descartes introduced Descartes KPI KPI Key Performance Indicator KPI Kuwait Petroleum International KPI Kiev Polytechnic Institute (Ukraine) KPI Kernel Programming Interface KPI King Pin Inclination (vehicle steering geometry angle) Metrics(TM), a performance management solution that works with the other products in the Descartes Delivery Management suite and is designed to help companies make better short-term supply chain decisions based on cost, time and availability considerations. Customers of products in Descartes' Delivery Management suite are already seeing benefits. "With more than 160 locations across the U.S. and Canada, Safety-Kleen's sales and service network varies greatly by location," said Mark Richardson Mark Richardson may refer to:
Descartes Global Logistics Network (GLN) Services Suite Members of the Descartes GLN, one of the world's largest logistics-focused messaging networks, can now benefit from enhanced services to help manage contract carrier performance, improve cash flow and improve customer service. Enhancements to the GLN are designed to help members coordinate the process of global rate creation through auditing and contract compliance, improve data integrity with trading partners, and gain access to a wide range of easy-to-manage messaging services. Members of the GLN now have access to the following enhanced and recently released offerings: - Descartes Rate Builder(TM) is a global rate management system for ocean carriers and non-vessel operating cargo carriers (NVOCCs) that now has workflow management functionality to standardize and stream rate generation across the enterprise, and a calculation engine that allows multiple rating options to be simultaneously evaluated; - Descartes Messaging Services(TM) now offers an intuitive user interface and IP-based native formats and communication services to help rapidly on-board trading partners and keep track of messaging service performance; - Descartes Turnaround Documents(TM) has been enhanced to improve bill of lading/way bill status search capabilities, and incorporate additional user-defined fields and bill of lading A document signed by a carrier (a transporter of goods) or the carrier's representative and issued to a consignor (the shipper of goods) that evidences the receipt of goods for shipment to a specified designation and person. appointment date and time fields; - Descartes Local Haulage(TM), first announced on August 3, 2005, is a logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet service to help consolidate shipments and find backhauls; more efficiently tender loads; receive electronic pick-up and delivery status messages from carriers; and more effectively audit and pay contract carriers; - Descartes Multimodal Two or more modes of operation. The term is used to refer to a myriad of functions and conditions in which two or more different methods, processes or forms of delivery are used. On the Web, it refers to asking for something one way and receiving the answer another; for example requesting Track & Trace(TM), first announced on August 3, 2005, is a lower cost, easy-to-use service that allows logistics services providers and their customers to understand the current status of shipments; and - Descartes Data Integrity Services(TM) is a new service to help customers improve data timeliness and quality conformance in exchanging electronic logistics messages. Companies connected to the GLN are seeing the initial benefits from the enhanced GLN services. "Descartes' Multimodal Track & Trace Service is a natural fit for us because it allows Cargo Express Cargo Express is a cargo airline based at El Dorado International Airport in Bogotá, Colombia. Fleet The Cargo Express fleet consists of the following aircraft (at September 2006):
About Descartes The Descartes Systems Group Inc. is a leading provider of on-demand delivery management solutions for transportation, logistics, manufacturing, retail and distribution enterprises. Descartes delivers trading partner connectivity and document exchange, route planning, wireless dispatch, rate management, inventory and asset visibility, transportation management and warehouse optimization solutions for industries such as retail, consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and , manufacturing, transportation, distribution and third-party logistics A third-party logistics provider (abbreviated 3PL) is a firm that provides outsourced or "third party" logistics services to companies for part, or sometimes all of their supply chain management function. . Descartes offers solutions that can be deployed as traditional applications or as a service to help customers optimize and gain real-time control of their inventory, logistics assets and mobile workforce. Descartes solutions are used by more than 2,500 customers in over 60 countries. For more information, visit www.descartes.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. This release contains forward-looking statements that relate to Descartes' product and service functionality and performance, potential benefits derived therefrom, speed of deployment, the competitive position of Descartes and its products and services, timing for release of solutions and services, and other matters that may constitute forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Descartes to differ materially from the anticipated results, performance or achievements implied by such forward-looking statements. Such factors include, but are not limited to, the factors discussed in the sections entitled, "Risk Factors" and "Certain Factors That May Affect Future Results" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance. and other securities commissions across Canada. All registered and unregistered trademarks mentioned in this release are the property of their respective owners. The Descartes Systems Group Inc. (TSX:DSG) (NASDAQ:DSGX) |
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