Global Trade Management Leader Honored as Top Innovator Partner in the Apparel Industry
Management Dynamics, a leading provider of Global Trade Management (GTM) solutions, announces that Apparel Magazine has named its customer Perry Ellis as a 2011 “Top Innovator,” and Management Dynamics as a “Top Innovator Partner.”
“Perry Ellis was chosen as a Top Innovator because they recognize the significant role innovative technology plays in a company’s competitive strategy,” said Apparel editor Jordan Speer. “By partnering with a solution that can scale as they grow, Perry Ellis is raising the fashion industry standard for a more efficient global supply chain.”
In response to increasing transportation volumes, Perry Ellis began a cost-cutting initiative in 2006 that was designed to identify and eliminate carrier freight overages. The company implemented Management Dynamics’ International Transportation Management (ITM) solution to calculate bottom-line shipment costs and compare multiple routing and service options for service contracts. As a result of the implementation, Perry Ellis identified and recouped $220,000 in freight overages in the first year.
“At Management Dynamics, we’re focused on driving supply chain performance improvements that result in hard dollar savings and competitive advantage,” said Jim Preuninger, CEO of Management Dynamics. “We are thrilled that our solutions have driven significant savings to Perry Ellis and we’re happy to see them recognized as a supply chain leader.”
Apparel Magazine’s fourth annual Top Innovators Award honors companies in the apparel industry for demonstrating innovation and exceptionality through technology, new products or other outstanding executed business strategy. Apparel’s special “Innovators” issue profiles each individual winner and highlights the Innovator Partner who has played a role in the honoree’s success. To view the online issue, visit: http://bit.ly/kc116a.