Del Monte Foods, a large producer and distributor of branded food and pet products, has enhanced the capabilities of its global supply chain operating platform using a cloud-based technology service delivered on the GT Nexus trade and logistics platform.
Since 2007, Del Monte has used GT Nexus as its global transportation management system of record. The expanded services take the solution a step further by automating the inventory and document management processes between Del Monte and its international supplier community.
Delivered through the same web platform that Del Monte uses for its ocean freight management, the new capabilities provide views and controls to support orders, inventory, shipment plans and trade documentation. Capabilities include:
- Enhanced inventory visibility: across transport modes, from order to final destination.
- Trade document automation.
- Importer security filing (ISF) technology.
- Supplier collaboration and order management.
- Shipment planning at origin.
“Our international supply chain is an important area of focus,” said Robert Lim, vice president, demand and supply planning, Del Monte Foods. “GT Nexus has delivered strong results for our transportation services organisation, so we turned to it to help enhance the company’s inventory tracking and customs compliance processes. GT Nexus is now helping drive efficiency with the way we work with suppliers.”
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.