ALAMEDA, Calif. -- July 10, 2003 - GT Nexus, a leading provider of global logistics and supply chain execution technology, announced today it was awarded a contract by The Xerox Corporation for the software and services to support Xerox's global supply chain improvement initiative.
"Driving down inbound logistics costs, reducing inventory and improving product availability for our customers are primary imperatives for our business," said Denny Wyckoff, vice president, North American Supply Chain Business Process Optimization for Xerox. "GT Nexus offers a solution combining proven technology, integration and implementation services that is well aligned with our goals."
Under the multi-year contract, GT Nexus will configure and deploy its Enterprise Series 7 software solution in a hosted, web-based "private logistics network" specifically for Xerox, its supply chain partners and service providers. The company also will provide implementation, integration, partner connectivity and ongoing network support services for the solution.
Michael Morante, Xerox's project manager, systems strategy for the supply chain initiative, noted that GT Nexus was chosen following an exhaustive vendor qualification process that spanned nearly a year and evaluated over a dozen technology providers. He said the company won the award based on several key strengths, which were:
* Advanced supply chain visibility and modeling functionality. GT Nexus software will deliver powerful functionality for supply chain milestone modeling, exception management and resolution, global product visibility and integrated performance analytics that is unique and unmatched. The system's well-designed and intuitive user interface also was a differentiating strength.
* Proven ability to implement and deliver complex global logistics systems. GT Nexus demonstrated a solid track record of implementing similar technology projects for existing customers, and experience deploying and operating large, inter-enterprise, collaborative global logistics networks.
* Integration and data management expertise. With over 100 complex system-to-system integrations already accomplished, GT Nexus offered tested methodologies and experience for integration, connectivity and data quality management with service providers, other external supply chain participants, and legacy ERP systems.
"We're honored to welcome Xerox as a GT Nexus customer," said Aaron Sasson, GT Nexus chairman and CEO. "This is a major win for our organization that speaks volumes about the depth and quality of our products, and the professionalism of our people. Our focus now turns to delivering a successful implementation."
Terms of the contract were not disclosed. Initial implementation work has begun. Plans call for the GT Nexus solution to be rolled out to the Xerox organization and its supply chain partners worldwide in phases across Xerox's major business units. The first stage of this multi-phase deployment will go live this fall.