Panalpina invests in SAP systems

Panalpina invests in SAP systems Swiss logistics firm Panalpina has replaced its freight forwarding information technology applications for its ocean and air freight businesses with a solution offered by SAP.
   'Our decision to go with the SAP solution was based on its multiple benefits,” said G'nter Denk, head of IT at Panalpina. “First of all, SAP's Transport Managing System (TM) is a standardized industry solution. TM also supports all modes of transport, covering not only ocean and air freight but also other segments such as overland haulage.”
   Panalpina said TM handles all documentation for individual shipments and offers consolidation processes, as well as billing and integrated pricing and quotation modules. It also incorporates standardized security applications and can be integrated as a standard feature in other SAP modules with a whole range of upgrade options.
   'What's more, once the development stage is complete, the system can be implemented very quickly. It supports the ongoing standardization of internal processes and will provide a stable, technical environment for at least the next five to 10 years,” Denk said.
   Panalpina Chief Executive Officer Monika Ribar said her company would invest about 25 million to 30 million Swiss francs ($23.7 million to $28.4 million) in the new system over the next three years. “This is why it is absolutely paramount that the new solution offers real benefits for our customers,” she said.