Trade Tech, Inc. Signs a Multi-Year Contract with IDS Logistics
BELLEVUE, Washington – Trade Tech, an integrated global application service provider for the transportation and logistics industry, announced today that it has signed a multi-year contract with IDS Logistics, a leading integrated distribution and logistics services provider specializing in value-chain logistics throughout Asia, North America and the United Kingdom.
The new contract includes Trade Tech’s fully integrated suite of applications designed to completely manage supply chain, including rate management, transportation operations, PO management and visibility, accounting and all cargo security requirements. The applications encompass Trade Tech’s proprietary and web-based solutions including Trade Manager™ (including all connections with various Customs Systems: AMS, ACI, ISF, Mexico AMS and future EU ENS), Trade Rates™, Trade Chain™ (PO management), Trade Cash™ and a connection to Smart Border as an ABI provider.
Trade Tech was awarded the contract with IDS Logistics after a competitive RFP process. “We offer a complete and entirely integrated application that addresses all aspects of rate management, transportation operations, PO management, accounting and security in a single source application,” said Bryn Heimbeck, Trade Tech’s president.
“I am gratified that IDS recognizes our ERP solution as a major advantage for its future growth,” said Heimbeck. “IDS and its global team clearly understand that an easily implemented collaborative platform in today’s highly competitive environment is essential to attracting new business. With our solution, everything is located in a single application with data flowing from one application to the next. We offer a superior end-to-end global operating system including PO management for a complete solution which is very different from an outdated documentation system or stand-alone application.”
“What’s more, as an application service provider (ASP), our solution is easy to integrate with a growing company. IDS projects a tripling of business in the next 3-5 years, and with our system, training will be done expeditiously and economically by adding partners instantly into the supply chain as the movement of goods shifts from one entity to another.
Trade Tech has offices located throughout Asia, Europe and the US. “This makes a big difference for our customers -- we work in their languages, their cultures and their time zones,” said Heimbeck. “When implementing and operating in a very complex environment like international shipping, users will always need support and help along the way.”
About Integrated Distribution Services Group Limited
Integrated Distribution Services Group Limited (―IDS Group∥) is a leading integrated distribution and logistics services provider specializing in Value-Chain Logistics. Using logistics as its fundamental enabler, IDS offers a full menu of services covering distribution, logistics and manufacturing to a wide spectrum of customers in the consumer, healthcare, footwear & apparel, retail and garment industries. Headquartered in Hong Kong, the IDS Group has an extensive logistics and distribution network in Greater China, ASEAN countries, the US and UK, offering customized services to over 400 customers including an array of multinational brands. The IDS Group is a member of the Li & Fung Group.
About Trade Tech
Trade Tech is an integrated global application service provider for the transportation and logistics industry and is owned and operated by industry professionals. It also is an ERP for the freight-forwarding and NVOCC community, licensing and delivering applications in eight key areas, including:
- Cost optimization / pricing
- Transportation management
- Rate management
- Supply chain / purchase order management and visibility (tracking and tracing)
- Sales / operations
- Accounting
- AMS/ACI and security related to ocean and air transportation, including all Cargo Security Filing requirements, including Smart Border
- 10+2 Rule Solution Provider
Founded in 1997, Trade Tech’s applications link shippers, importers, Customs House Brokers, consignees, NVOCCs, carriers, truckers, warehouses and forwarders, providing visibility of the movement of goods throughout the supply chain. Trade Tech clients enjoy access to the latest applications and data anywhere in the world every time they log on to the Trade Tech network – without any software downloads.