Home / Knowledge / News / Information Technology / P&G extends GT Nexus supply chain solution contract
P&G extends GT Nexus supply chain solution contract
25
Sep '13
GT Nexus announced that Procter & Gamble (P&G) has renewed and expanded its contract for global supply chain management technology and services. P&G has been using the GT Nexus platform since 2001 to manage its global logistics spend. The expanded solution gives users centralized transportation management and real time visibility into inventory flows across the global supply chain.
 
"Supply chains are networks that require a different class of technology," said Sean Feeney, CEO at GT Nexus. "Over the past few years many companies have steadily extended GT Nexus across different regions, essentially turning on the lights internally and at partners."
 
GT Nexus uses a "single version of truth" model to deliver supply chain visibility and execution by shifting the information processing from the nodes to the center of the network. All parties are connected to the same cloud-based platform and partners are provided views into a common, standard information set, including the status of orders, inventory, shipments, documents and payments.
 
Using a centralized TMS control layer, communications about shipment information and bookings are communicated in a common format to GT Nexus's connected carrier network. As information changes, the entire network gets updated instantly providing an unprecedented level of global transportation management and visibility.
 
GT Nexus also provides clients with a data quality managed service, which helps ensure the information flowing across the partner network is accurate, timely and complete. Many companies underestimate the data quality challenge. As an industry utility that processes over $100 billion in commerce each year, GT Nexus has deep experience managing complex data flows.
 
About GT Nexus:
GT Nexus operates the world's largest cloud-based business network and execution platform for global trade and supply chain management. Over 25,000 businesses across industry verticals, including adidas Group, Caterpillar, Citi, Columbia Sportswear, DHL, Electrolux, Levi Strauss & Co., Kohl's, Nestlé, Pfizer, Renault, and Sears share GT Nexus as their standard, multi-enterprise collaboration platform. 
 
This enables all network participants to operate against a core, real-time and always on set of information across multiple supply chain functions, allowing them to optimize the flow of goods, funds and trade information, from the point of order through final payment.
 

GT Nexus

Must ReadView All

Courtesy: World Bank/ Harshad Marathe

Apparel/Garments | On 23rd Jul 2016

Rising wages in China to create 1.5 million jobs in S Asia

As wages in China continue to rise, global apparel production and...

Courtesy: 3ders.org

Apparel/Garments | On 23rd Jul 2016

Disney research creates 3D compiler for machine knitting

Introducing 3D technology to machine knitting, Disney Researchers...

Textiles | On 23rd Jul 2016

Telangana to frame new policy for textile industry

The Telangana state government will frame a new policy aimed at...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
june 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search