BrazilÆs Votorantim chooses GT Nexus GTM system
Oakland-based logistics software firm GT Nexus' branded trade and logistics portal has been selected as the global transportation management system for Brazilian industrial conglomerate Votorantim Group, according to a release issued Tuesday.
Votorantim will use the Web-based, on-demand system to automate its procurement, spending allocation, and contract management processes for ocean and air freight, the release said.
The company is one of Brazil’s largest business conglomerates, with annual revenue of $15.6 billion and employing more than 60,000 workers worldwide. The firm operates in the cement and concrete, mining, pulp and paper, concentrated orange juice, specialty chemical, electric power, and financial sectors.
'The Votorantim Group is one of our key customers in South America,' said Greg Johnsen, executive vice president of marketing at GT Nexus. 'We look forward to continuing to help it strengthen its leadership position by providing cutting-edge supply chain technology and services.'
GT Nexus said the project's first phase automated Votorantim’s global bids, negotiating with its network of carriers for exports. The entire bid process was then standardized and executed online. Responses were optimized into an allocation plan that identified the ideal service-price mix, and contracts were then awarded.
Under the new system, Votorantim's carrier service contracts are now digitized online for ongoing management as services are executed. Votorantim and its carrier partners access contracts online, allowing them to manage alterations and changes as services are delivered.
The GT Nexus system will also be integrated into the Votorantim Group ERP system, according to the release.
The Votorantim implementation is being managed by Multicom.net, the GT Nexus certified partner in Brazil.