Konsortium Logistik Berhad Selects Descartes' E-Fulfillment Solution For Malaysian Transportation Industry Solution.Business Editors WATERLOO, Ontario--(BUSINESS WIRE)--May 15, 2000 Real-time System Integration Between Suppliers and Customers to Reach Global Markets 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 ) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :DSG DSG Direct Shift Gearbox (Audi) DSG Dosage DSG Deputy Secretary General DSG Dressing DSG Designate DSG Desmoglein DSG Duke Student Government (Duke University) ), a leading provider of Internet logistics solutions, announced today that Konsortium Logistik Berhad, Malaysia's leading 3PL, will extend the reach of the Global Logistics Network into Malaysia. With Descartes, Konsortium will, in time, transform itself from an asset-based shipping organization to an asset-less virtual 3PL enabling Malaysian organizations to tap the opportunity presented by the global economy. Konsortium's customers include Malaysian Car manufacturer, PROTON, and the country's oil company, PETRONAS PETRONAS Petroliam Nasional Berhad (Malaysia's national petroleum corporation established 1974) . Working with Descartes, Konsortium will offer these industries access to the Global Logistics Network for more effective and efficient delivery around the Asian region. This deal also represents a first of its kind in Asia for Descartes. Konsortium Logistik Berhad has selected Inter-Enterprise Solutions Sdn. Bhd. to implement its e-fulfillment solution to provide systems integration between suppliers and customers, and real-time visibility of supply chain activities. Inter-Enterprise Solutions is Descartes' partner in Malaysia to provide world-class e-fulfillment software and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to companies in Malaysia. "By joining Descartes' Global Logistics Network, Konsortium can offer exceptional value to a critical developing market in the global economy," said Aivars Lode, President of Descartes. "It is estimated that in the near future, 20 per cent of the world's trade will be conducted by Asia Pacific over the Internet. Konsortium Logistik Berhad, with Descartes, is an organization well positioned to tap this opportunity." The Global Logistics Network is a federated Connected and treated as one. See federated database and federated directories. community of shippers, receivers, carriers, logistics service providers, e-marketplaces, vertical portals A Web site that provides news, articles and services to a particular industry such as IT, finance and retail. It is the industry-specific equivalent of the general-purpose portal on the Web. Also called a "vortal." See portal, corporate portal, business intelligence portal and Web hub. and transportation exchanges leveraging the Descartes hosted services and technology. It enables participants to leverage public community connections over a technology-based network while maintaining full control of their own private logistics community. The result is an open, vendor-neutral global e-fulfillment network that provides cost savings and revenue opportunities for businesses that need to manage physical product movement. Participants in the Global Logistics Network can deliver a choice of e-fulfillment services from Descartes, such as real-time visibility of orders, dynamic route optimization, real-time transportation sourcing, merge-in-transit, and delivery personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences. and yield management. It enables logistics organizations to connect new customers, tap into new markets and rapidly deploy new e-fulfillment service bundles, capturing time-to-market advantages. The Descartes Global Logistics Network is designed to produce network effects and global economies of scale for all participants. About Konsortium Konsortium Logistik Berhad is Malaysia's leading 3PL. Listed on the Malaysian stock exchange, the Company provides container haulage, warehousing and distribution, auto logistics and bulk liquid distribution services. It also has operations throughout the Asian region with subsidiaries in Thailand, Philippines, Indonesia and India. Other services include inland container depot operations; shipping and chartering; freight forwarding; specialized logistics facilities; general insurance and engineering. About Descartes Descartes is a leading provider of end-to-end logistics solutions that facilitate B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. . Descartes' e-fulfillment software and exchange solutions enable companies to create high-speed, high-performance fulfillment networks called DeliveryNets. DeliveryNet solutions empower organizations to deliver reliable, responsive customer service in a profitable manner and to create innovative new products and services. DeliveryNet solutions leverage Descartes' Internet-based Global Logistics Network, an open, worldwide network of shippers, receivers, carriers, logistics service providers, e-marketplaces, vertical portals, and transportation exchanges. The result is a global e-fulfillment information infrastructure that provides cost savings and revenue opportunities for businesses that need to manage physical product movement. Descartes products are licensed today by more than 1,000 companies in 35 vertical industries in over 50 countries worldwide. For more information about Descartes, visit www.descartes.com. All registered and unregistered trademarks mentioned in this release are the property of their respective owners. DESCARTES SYSTEMS GROUP CORPORATE HEADQUARTERS 120 RANDALL DRIVE, 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. , CANADA, N2V 1C6 TEL TEL Telephone TEL Telegram TEL Telugu (langauge) TEL Terrorist Exclusion List TEL Technology-Enhanced Learning TEL Transporter-Erector-Launcher TEL Tetra-Ethyl Lead TEL Team Deutsche Telekom : (519) 746-8110 FAX: (519) 747-0082 E-MAIL e-mail: see electronic mail. in full electronic mail Messages and other data exchanged between individuals using computers in a network. : info@descartes.com |
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