Infor Announces Global Transportation Management Software Now Supports Parcel Shipping with QAD Precision
Infor, a global leader in business cloud software specialized by industry, has announced a partnership with QAD Precision, an industry-leading provider of global trade management and transportation execution software, to deliver multi-carrier parcel execution capabilities within the Infor Nexus global Network Transportation Management solution. Infor Nexus is the world’s largest single-instance, multi-enterprise supply chain cloud network business platform.
Infor Nexus, rebranded earlier this year from GT Nexus, combines the power of the world-leading supply chain management network, with IoT and Infor Coleman AI to advance global enterprises on their path toward more intelligent, more autonomous supply chains. The Infor Nexus Network Transportation Management solution offers multi-modal, multi-leg and multi-enterprise global logistics orchestration — beyond the capability of conventional TMS (transportation management system) software — to improve operational performance, supply chain visibility and total freight spend control. The addition of parcel shipping capability, through the partnership with QAD Precision, further extends the comprehensive multi-mode rating, planning, optimization and execution across ocean, air and truck modes already available with Infor Nexus.
Steve Gardner, president of QAD Precision, said, “QAD Precision and Infor Nexus both believe in the power of digital transformation to help our customers manage critical business processes. This partnership offers Infor Nexus customers a seamless integration from their global transportation management system to QAD Precision’s global multi-carrier network for parcel shipping and tracking.”
“Parcel volumes continue to grow, and multi-carrier parcel shipping and tracking has become mission-critical for many global enterprises,” Gardner added. “We look forward to working with Infor Nexus and believe this partnership is a great fit for both companies to meet the challenges of Infor’s global enterprise customers.”
Jonathan Wood, General Manager, Middle East & Africa, Infor, said: “Infor Nexus continues to enable significant performance improvement through digital transformation in the most complex supply chain operations at leading enterprises around the world. For companies in pursuit of a next-generation supply chain network that is real time, intelligent and self-orchestrating, the global logistics capabilities of our Network Transportation Management solution contribute to power better freight spend control, optimized carrier service levels, and the multi-party synchronization necessary to fulfill on customer promise. This new partnership expands our multi-modal coverage to include the fast-growing parcel shipping segment.”
According to QAD Precision market analysis, global compliant parcel shipping is growing significantly worldwide. Global package shipping grew by an average of 5.8 percent between 2012 and 2016, and it spiked 17.3 percent in 2017. Cost management with secure and compliant delivery is increasingly vital to supply chains with significant parcel shipping components.