SOURCE: GT Nexus

September 07, 2005 08:15 ET

GT Nexus Lands Contract With American Eagle Outfitters

Fast-Growing Lifestyle Retailer Selects On-Demand Technology Platform to Power Strategic Import Operations Management Initiative

ALAMEDA, CA and WARRENDALE, PA -- (MARKET WIRE) -- September 7, 2005 -- GT Nexus announced today that it has won a contract from American Eagle Outfitters, Inc. (NASDAQ: AEOS), one of the nation's fastest growing retailers of lifestyle apparel, to implement and operate a technology platform for global transportation and import operations management.

With over 784 retail outlets in the United States, American Eagle is a major US importer, and it has aggressive plans for growth. Through its dedicated international logistics division, Blue Star Imports, the company manages a supply chain that stretches across more then 25 countries and hundreds of suppliers.

The technology platform is part of a corporate initiative to improve the company's import supply chain operations by providing a unified data hub and a global logistics control system with which American Eagle will manage international freight activities.

"Leading-edge logistics processes are essential to customer satisfaction and strategic growth for American Eagle Outfitters," said Hank Shechtman, the company's Vice President for import operations and logistics. "With GT Nexus as our technology partner, we have embarked on an initiative that will bring our global logistics operations into the 21st century. It will put American Eagle at the forefront of industry practice."

The contract calls for GT Nexus to deliver "on-demand" software applications, partner connectivity and data integration services, and performance management tools. The platform will centralize in a single online system several global logistics activities including:

--  Procurement of air and ocean freight services, worldwide
--  Analysis and optimization of transportation service proposals
--  Development of strategic allocation plans to assign freight volumes
    across carriers
--  Standardization and management of freight contracts in a single online
    system for real-time rate lookup and compliance monitoring.
--  Connectivity, integration and ongoing data quality control with
    service providers
--  Auditing of expected vs. actual freight charges, and exception
    resolution
--  Strategic shipment planning and execution encompassing purchase order
    bundling, shipment booking with consolidators, container-level
    optimization, vessel/voyage scheduling and mode/route selection.
    
Launched in May this year, GT Nexus already has taken American Eagle live with its Phase I implementation, converting all ocean and air freight contracts to the new system, training service providers, and running optimization scenarios. Subsequent phases will complete partner integrations to the American Eagle network, deploy shipment planning and freight audit tools, and roll out American Eagle-dedicated product enhancements.

"We are honored for the opportunity to work with one of America's top lifestyle apparel retailers," said Aaron Sasson, chairman and chief executive officer of GT Nexus. "As American Eagle's technology partner for this business-critical project, we are committed to delivering on their objectives for value and competitive advantage."

American Eagle joins a growing stable of leading US importers who are using GT Nexus to manage a range of global transportation, logistics and supply chain visibility activities. Among these are DuPont, Hewlett-Packard, The Home Depot, Kmart, Mitsui O.S.K. Lines, Phillips Van-Heusen, Procter & Gamble and Xerox.

ABOUT AMERICAN EAGLE OUTFITTERS -- American Eagle Outfitters (NASDAQ: AEOS) is a leading lifestyle retailer that designs, markets, and sells its own brand of relaxed, casual clothing for 15- to 25-year-olds, providing high-quality merchandise at affordable prices. AE's collection includes modern basics like jeans, cargo pants, and graphic Ts as well as a stylish assortment of cool accessories, outerwear and footwear. American Eagle Outfitters currently operates 784 AE stores in 50 states, the District of Columbia and Puerto Rico and 71 AE stores in Canada. AE also operates via its Web business, www.ae.com, which offers additional sizes and styles of favorite AE merchandise.

ABOUT GT NEXUS -- GT Nexus is the leading provider of hosted, on-demand software and services for global transportation, logistics and supply chain management. Founded in 1998, the company provides integrated software products and IT services, provisioned through a single Web platform, used by enterprises and their partners to control, optimize and manage the flow of goods and information from order to delivery, worldwide. The GT Nexus platform is backed by an industry consortium of leading ocean carriers who transact over the system with some 70 3PLs, hundreds of freight forwarders and over 6,000 importers and exporters to manage and execute international shipping. For more about GT Nexus, visit www.gtnexus.com

Contact Information

  • Media Contact:
    Gary Frantz
    GT Nexus, Inc.
    (510) 747 3214
    Email Contact