Elogex Announces Supplier Logistics Management -SLM- - The Next Strategic Layer of Logistics Cost Savings and Supply...
The Elogex SLM functionality provides leading retailers, distributors and manufacturers new levels of competitive advantage and cost savings by gaining control of the next frontier of transportation management - inbound logistics. The management of inbound logistics represents the next significant strategic initiative for leading shippers. With SLM, shippers and their suppliers benefit from improved order management, enhanced supply chain visibility and event management, tighter vendor compliance, increased supplier communication, and new levels of shipment optimization and process automation. According to Steve Banker, Director of Supply Chain Research at ARC Advisory Group, "visibility and event management are becoming a commodity. What I like about the SLM solution is that Elogex has built out visibility around a distinctive process, Supplier Logistics Management, with deep decision support. Decision support is what differentiates high ROI solutions from ho-hum solutions."
As an integrated component of the Elogex Network hosted application, SLM automates complex logistics processes and creates opportunity for unprecedented efficiency between shippers and their suppliers. In addition, SLM assists by synchronizing upstream manufacturing processes with inbound transportation management.
Elogex SLM solution includes the following capabilities:
--PURCHASE ORDER MANAGEMENT - Advises suppliers of product requirements in advance of transportation scheduling through direct integration with purchase order systems. Improved visibility enables better management of inventory and product commitments.
--INBOUND PLANNING AND OPTIMIZATION - Automates the consolidation of smaller inbound shipments from multiple suppliers into single, cost-effective deliveries. Through a centralized platform for both inbound and outbound shipments, continuous move opportunities are identified, resulting in cost savings and efficiency improvements for both shipper and carrier.
--APPOINTMENT AND RESOURCE SCHEDULING - Streamlines the timely and resource intensive process of scheduling delivery and pickup appointments. Minimized carrier dwell time and optimized shipping and receiving workloads accelerate asset turnaround and reduce service disruption.
--ORDER VISIBILITY AND EVENT MANAGEMENT - Offers a centralized view of inbound inventory in motion with advanced notification and decision support capabilities to resolve supply chain exceptions.
--SUPPLIER COMPLIANCE MANAGEMENT - Automates and improves inbound shipping compliance by leveraging a common platform across a supplier base. Standardized routing instructions are extended to the supplier base resulting in streamlined carrier selection and tendering processes.
The benefits of SLM are possible only with a truly Net-native application; software that can reach out beyond a shipper's four walls to its broad supplier base and beyond. The Elogex Network allows shippers to create private communities of trading partners that have access to certain data views and functionality roles. These private communities may overlap, allowing suppliers to interact with several customers through the same application, while maintaining security and business rules relative to a certain supplier-customer relationship. Elogex is unique in its network approach to transportation management.
"SLM represents the cornerstone to achieving the promise of collaborative logistics. We foresee the majority of e-commerce related efficiency in logistics being originated from improved management of inbound logistics. Inbound logistics and collaboration are truly the next steps for shippers and Elogex is committed to being the leader in providing these capabilities," stated Travis Parsons, Elogex President.
About Elogex, Inc.
Elogex is a leading provider of collaborative commerce solutions for logistics delivering the next level of competitive advantage and cost improvement in supply chain management. Elogex offers this value through its Internet-based Elogex Network application and Logistics Consulting Services that optimize logistics activities across supply chain networks by enabling cross-enterprise asset utilization, providing complete supply chain visibility, and automating inbound and outbound transportation and distribution management activities. For more information please visit our website at www.elogex.com or call 1-866-302-1935.
Marketing Concepts International Enters Into Formal Negotiations With SLM Logistics
Wednesday April 11, 2007 10:00 am ET
TORONTO--(MARKET WIRE)--Apr 11, 2007 -- The Board of Directors of Marketing Concepts International (Other OTC:MCCI.PK - News), a Nevada Corporation, announced they have entered into formal negotiations with SLM Logistics, a Canadian-based corporation headquartered in Brampton, Ontario, Canada. SLM Logistics would be the second major client to be signed under the new MCCI business plan unveiled on October 16, 2006.
SLM Logistics is a new and innovative CSR corporation that specializes in managing returns for major electronic retailers and manufacturers. Reducing warranty costs while addressing the "end of life" disposal requirements for their client's products. This provides their customer base with maximum asset recovery as well as ISO 14000 compliance. SLM Logistics is currently working with Best Buy/Future Shop and Canadian Tire Corporation as well as manufacturers, Sharp Electronics, JVC and several OEM private branded manufacturers. "Their business is growing, and MCCI wants to be an integral contributor and stakeholder in that growth," stated Mr. Benjamin
Marketing Concepts International's corporate strategy is to provide business development services to smaller corporations and start-ups in exchange for a significant share of the client corporation's sales revenue. In this potential arrangement with SLM Logistics, Marketing Concepts International will earn 6.5% of the annual net sales revenue of the corporation for a period of three years in exchange for capital acquisition and marketing services. The three-year fee period will begin once a $2,000,000.00 injection of capital is acquired by SLM through sources arranged for by MCCI. If MCCI helps acquire additional capital for SLM over and above the initial requirement, then additional fees based on net sales will be paid over a new three-year term. In addition, MCCI has negotiated the right to acquire 25% of the capital shares of SLM Logistics at the end of the three-year fee period.