"We are delighted to partner with PLS, an industry leader in logistics solutions. We believe that the combination of the GPM’s technology and WNS’ deep domain expertise in Shipping and Logistics BPM will create opportunities for our clients to drive measurable business value,” said Keshav R. Murugesh, Group CEO, WNS.
Henning Voss, Co-founder and CEO of PLS, adds: “GPM is the ‘go to’ software solution for the logistics industry. We retain that position through a process of constant development, evolution and improvement – ensuring that we keep pace with this dynamic business sector and satisfy the needs of our global customer base. WNS will help us stay at the cutting edge, ensuring that our service is as up to date and comprehensive as possible, so we can deliver real competitive advantages for our users.”
WNS serves clients in many segments of freight and logistics, including ocean, freight forwarders and non-vessel owning common carriers (NVOCC), air express, road (trucking), rail, and third-party logistics (3PL) firms.
About Portrix Logistic Software
PORTRIX LOGISTIC SOFTWARE GmbH (PLS) is part of the Portrix Group, a Hamburg based IT solutions provider. Since 2001 Portrix and later Portrix Logistic Software has provided best-in-class rate management applications to the logistics industry and has throughout been known for their solid approach, deep industry knowledge and as an organisation that delivers results. PLS continue to add new tools and functionality to their products, in order to provide customers with the most value from their rate data and help them become more productive and profitable.
WNS (Holdings) Limited (NYSE: WNS), is a leading global business process management company. WNS offers business value to 300+ global clients by combining operational excellence with deep domain expertise in key industry verticals including Travel, Insurance, Banking and Financial Services, Manufacturing, Retail and Consumer Packaged Goods, Shipping and Logistics, Healthcare and Utilities. WNS delivers an entire spectrum of business process management services such as finance and accounting, customer interaction services, technology solutions, research and analytics and industry specific back office and front office processes. As of March 31, 2017, WNS had 33,968 professionals across 48 delivery centers worldwide including China, Costa Rica, India, Philippines, Poland, Romania, South Africa, Sri Lanka, Turkey, United Kingdom and the United States.
For more information, visit www.wns.com.
Safe Harbor Provision
This document includes information which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events. Factors that could cause actual results to differ materially from those expressed or implied are discussed in our most recent Form 20-F and other filings with the Securities and Exchange Commission. WNS undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Corporate SVP - Finance & Head of Investor Relations
WNS (Holdings) Limited
+1 (201) 942-6261
Head – Corporate Communications
WNS (Holdings) Limited
+91 (22) 4095 2397
CONTACT PORTRIX LOGISTIC SOFTWARE
Co-Founder and CFO
Portrix Logistic Software GmbH
+49 40 3980 5312
Head of Sales & Marketing
Portrix Logistic Software GmbH
+49 151 673 27 093
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It is, says Henning Voss, Co-founder and CEO of Hamburg headquartered PLS, exactly what the industry has been crying out for.
“The complexity of D&D costs and management is a huge issue for everyone within this industry,” he comments, “but often falls somewhat under the radar as it exists outside the spectrum of the normal transportation movement and associated costs. However, every company, from every part of container logistics, feels the pain.
“The carriers find it difficult to keep track of the correct fees to invoice. Freight forwarders, who both buy and sell these services, aren’t always aware of what they will be invoiced and many struggle to invoice their customers correctly. Shippers share the freight forwarders challenge in regards to the carrier invoices. It’s a twisted web of interactions, fees and movements, which, until now, the industry has really struggled to untangle.
”The new software gives users an unparalleled global overview of D&D activity, with easy calculation of applicable D&D cost, and the ability to drill down and refine views, as well as determining which containers are at risk and actual costs being incurred. Users can then search for individual containers, customers and a host of other options. Information can be easily accessed, analysed and, if desired, downloaded into Excel.
“We’ve been developing solutions for the logistics industry since 2001 and know the needs of our customers inside out,” Voss states. “In a business environment that is ever more complex, demanding and competitive, we’re focused on continually refining our solutions to simplify tasks, enhance productivity and increase profitability.
“That is the very essence of our new D&D portal. It provides transparency and clarity, and that ensures that invoicing is straightforward and accurate for all parties. Costs can better be managed, workloads reduced and movements monitored. Put simply, no more D&D headaches.
”GPM Demurrage & Detention is expected to be launched to the wider logistics market during the second half of 2017.
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“Tender Management today is, to some extent, stuck in the dark ages,” he states. “It’s a manual, time consuming, frustrating and expensive process for both freight forwarders and carriers, all of whom have to employ teams specifically to search for the right rates for individual quotes and fill in a myriad of Excel sheets. These teams spend 90% of their time doing this and only 10% reviewing and analysing the final tender proposals to ensure they are optimal.
“This new plug-in turns that on its head. Now, Excel sheets are automatically populated with the optimised rates, such as the cheapest or fastest, alongside all relevant schedule and surcharge information, in just 10% of the time. This gives carriers and freight forwarders that 90% back to review the quotes and adapt them for individual clients, to answer more tenders, and to reduce costs through reduced workloads.
“In an ever more competitive and complex logistics sector, where enhanced productivity and simplicity are in constant demand, Tender Assistant is exactly what our global customers have been longing for.”
GPM Tender Assistant can be directly accessed from Excel for any tender format, connecting with GPM via the internet to gain access to a wealth of available rates and data. Excel columns are then auto-filled with the desired rates, quickly producing an optimised tender quote without problems, input errors and the needless use of resources.
“This kind of innovation delivers real competitive advantage for GPM customers,” Voss adds, “providing a high quality service, based on our unrivalled master data and unique software toolbox, with benefits that are nothing short of game-changing.
“We work hand-in-hand with our customers and intimately understand both their challenges and potential opportunities. It’s hugely satisfying to be able to develop solutions, like Tender Assistant, that will have such a positive impact on their businesses.”
Tender Assistant is currently undergoing final user testing and refinements ahead of a Q2 launch. The plug-in will be offered as an integrated part of GPM’s Quotation Management module.
In February PLS launched GPM 2.5, an upgraded version of its software with a new user-interface to further simplify the complicated process of managing multi-modal logistics costs.
About Portrix Logistic Software:
For almost two decades, PORTRIX LOGISTIC SOFTWARE has built best-in-class rate management applications for the largest Freight Forwarders in the world. Today we count five of the top ten forwarders among our customers. Through our in-depth knowledge of the logistics industry and continuously evolving solutions, we have successfully helped our customers increase profits and productivity year-over-year. PORTRIX LOGISTIC SOFTWARE is a member of the portrix group, which has created and developed software for corporate customers since 2001.
For further information please contact
Founder and CEO
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Global Head of Marketing and Sales
Mobile +49 151 67327093
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Hamburg logistics software specialist continues to expand their GPM portfolio.
5 of the Top 10 global forwarders today utilize the Global Price Management (GPM) software by PORTRIX LOGISTIC SOFTWARE GmbH (PLS) for simple and transparent management of complex freight rates within ocean and air.
Continuing to innovate and increase the functionality of the software, PLS is from 9th to 12th of May 2017 (Halle B2, Stand 229B) showcasing a revised and extended version of their GPM solution at the transport logistic exhibition in Munich. Two new modules both maximise the functional scope of GPM and increase value creation in the fields of "Demurrage and Detention Management" and "Tender Management".
Hamburg, April 28th 2017: GPM - PRICING EXCELLENCE. Expect nothing less!
The daily changes that affect freight rates and surcharges pose ever greater challenges for shipping companies. Rate maintenance, quote preparation, preliminary costing and accounting control are becoming increasingly time consuming tasks. Also with a market being squeezed on margins the need for improved margin control and increased effectiveness is becoming more and more vital to ensure many companies survival.
With their two new modules extending the "Global Price Management" (GPM) software, PORTRIX LOGISTIC SOFTWARE GmbH from Hamburg has created a solution that increases the usability of the stored freight rates and brings with it the ability to control costs and revenues, as well as allowing freight forwarders to respond faster to customer enquiries.
The new "Demurrage and Detention Portal" module makes it possible to finally gain control of the spend that occurs within this area of the supply chain and allows companies to both prevent it as well as gain full insights into what costs are due. With the "Tender Management" module, PLS simplifies the handling of large complex tenders, as the full capability of GPM is now available directly within Excel, allowing users to respond to tenders in a fraction of the time used previously. This means that freight rate data stored in the GPM software becomes more and more valuable and can continue to be utilised profitably.
By implementing both new modules the GPM software continues to allow its customers to become more profitable and successful.
Tailored product range
PLS offers the GPM software for purchase as a classic software licence or for hire as "Software as a Service" (SaaS). In the latter case, PLS operates the software on its own servers and makes the software available to its clients online. The SaaS option, in particular, offers smaller shipping companies cost-effective access to software-supported freight rate management.
Visit PORTRIX LOGISTIC SOFTWARE GmbH at the transport logistic exhibition in Munich from 9th to 12th of May 2017, Hall B2, Stand 229B.
The GPM (Global Price Management) software by PORTRIX LOGISTIC SOFTWARE GmbH was introduced to the market in 2011 and is now in use at 5 of the Top 10 global forwarders. At Panalpina AG, for example, it is used daily by several thousand users worldwide. The clients and their employees benefit from the fact that GPM can easily be integrated into existing IT structures and linked with third-party systems (e.g. shipping administration, financial accounting or CRM systems) via a generic web-service interface.
The GPM software simplifies maintenance of contract conditions and facilitates transparent comparison of shipping rates, surcharges and additional costs across the entire, multi-modal transport chain - for sea freight, air freight and land carriage inc. pre-carriage and on-carriage.
A characteristic feature of the GPM software is the modular construction, which allows each shipping company to adapt it individually to its requirements. The comprehensive basic module offers a range of functions that are specially adapted to daily work processes and makes it easy to manage comprehensive rate condition changes. The specific "Carrier & Client Access", "Collaborative Sourcing" and "RFQ & Quotation Management" modules extend the GPM basic module with solutions for connecting clients and suppliers via the internet - for handling tender processes and preparing quotes, for example.
At Transport & Logistics from 9th to 12th of May 2017 in Munich, PORTRIX LOGISTIC SOFTWARE GmbH is showcasing the newest version of their GPM software – called GPM 2.5 – along with their two new modules, "Demurrage & Detention Management" and "Tender Management".
PORTRIX LOGISTIC SOFTWARE GmbH (PLS) is part of the Portrix Group, a Hamburg based IT solutions provider. Since 2001 Portrix and later Portrix Logistic Software has provided best-in-class rate management applications to the logistics industry and has throughout been known for their solid approach, their deep industry knowledge and as an organisation that delivers results.
PLS will continue to add new tools and functionality to their products, in order to provide customers with getting the most value from their rate data and help them become more productive and profitable.
PORTRIX LOGISTIC SOFTWARE GmbH
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“The world of ocean freight rates, and logistics rates in general, is increasingly complex,” states Henning Voss, Co-founder and CEO of the Hamburg headquartered business. “The landscape changes from day to day, with a seemingly endless succession of surcharges, coupled to a rate outlook that is anything but predictable.
“In this environment, freight forwarders need all the help they can get to ensure invoices are correct, rates and services can be accurately compared by users across entire organisations (allowing them to choose the right partners), and total transportation prices can be simply evaluated. This is what GPM delivers, optimising processes, removing manual work and giving simple, effective and actionable oversights.”
“The new release ensures these benefits are delivered in a manner that is even easier to understand, with increased value for end users.”
GPM’s upgrade features numerous highlights. Users can now access new depths of information on a single screen, showing their sell rate to customers, their total buy rate from providers for a movement, and the net-rate, which deducts all discounts provided by partners. In addition, the software offers minimum sell rates.
“This is another powerful part of the solution offering,” Voss comments. “By integrating an advanced ‘sales mark-up’ algorithm into the software we can give our customers the minimum levels they can go to market with. This allows them to brief sales staff on the exact levels they can negotiate at, providing a uniform pricing strategy and giving them a real competitive advantage.
“Because we’ve been focused on this sector for so long, working hand-in-hand with our customers every day, we know what they need and how to deliver that in a dynamic marketplace. As a result GPM 2.5 is the most comprehensive rate management software package available, tailored specifically for the demands of today’s forwarders and shippers.”
GPM 2.5 is available for purchase, through a standard licence, or on a ‘software as a service’ (SaaS) agreement, whereby PLS operates the software on its own servers and makes it available online. GPM 2.5 can be easily integrated into any existing IT infrastructure and third party systems.
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