SOURCE: GT Nexus

GT Nexus

April 22, 2009 06:45 ET

SCA Transforest Selects GT Nexus to Automate Global Freight Spend Management

Swedish Forest Products Company Using On-Demand Trade and Logistics Portal to Automate Procurement and Rate Management for Ocean Transportation Services

OAKLAND, CA and HAMBURG, GERMANY--(Marketwire - April 22, 2009) - GT Nexus announced today that it was selected by SCA Transforest to provide the global logistics data hub and Web-based business applications to centrally manage and control worldwide ocean freight rates and services.

SCA Transforest is the transport and logistics division of SCA Forest Products, a global consumer goods and paper company that develops, produces and markets personal care products, tissue, packaging solutions, publication papers and solid-wood products. Based in Stockholm, Sweden, SCA's annual sales in 2007 amounted to EUR 11.4 billion. SCA has about 50,000 employees in some 60 countries.

"We have seen dramatic freight rate fluctuations over the past few years," said Nils-Johan Haraldsson, vice president, marine transportation at SCA Transforest. "With GT Nexus, we infuse a new level of control to the way we manage our global freight spend. This will help ensure we get the maximum value, regardless of the market situation."

The GT Nexus portal provides a single, collaborative Web-based system within which SCA Transforest will conduct procurement of global ocean transportation services and manage freight rates. SCA's partner carriers will use the platform to negotiate rates and keep service contracts up to date. All of the world's major ocean carriers are already familiar with the system based on their experience of supporting other GT Nexus freight contracting customers.

As a hosted platform, SCA Transforest, its business units and partners will use the system via a common Web browser, with the services delivered directly over the Internet, eliminating the need for installation of complex hardware or software. The delivery model also gives SCA Transforest the flexibility to test the solution without being locked in to a long-term commitment.

"On-demand technology is giving companies the ability to address key parts of their operations, without the need to invest a small fortune installing complex software," said Andy Stinnes, vice president of products and strategy at GT Nexus. "SCA Transforest has embraced the innovation of this model to drive efficiencies and competitive advantage into its business."

SCA Transforest joins a growing list of major global corporations who are using the GT Nexus portal for a wide range of global transportation and logistics, document management and supply chain visibility activities. These companies include Liz Claiborne, Del Monte, Nestle, Hewlett-Packard, The Home Depot, Sears, Schenker, Procter & Gamble and Xerox.

About SCA Transforest

SCA Transforest is part of SCA's Forest Products business area, which produces publication papers for newspapers, magazines and catalogues, pulp, solid-wood products and forest-based biofuels. SCA Forest Products also manages SCA's extensive forest holdings and supplies SCA's Swedish industries with wood raw materials. SCA is a global consumer goods and paper company that develops, produces and markets personal care products, tissue, packaging solutions, publication papers and solid-wood products. Sales are conducted in some 90 countries. Sales in 2007 amounted to SEK 106 billion (EUR 11.4 billion). SCA had approximately 50,000 employees at the beginning of 2008. SCA shares are traded on the Stockholm and New York stock exchanges. For more information, visit www.transforest.sca.se.

About GT Nexus

GT Nexus runs the world's only industry-backed, on-demand global trade & logistics portal. Today, more than 40,000 registered users, from over 15,000 organizations use a range of capabilities on the portal to optimize the global flow of goods and trade information from order point to final payment. GT Nexus connects the physical and financial supply chains. This allows buyers, sellers, banks and logistics providers to work over a common platform with a core set of information that supports multiple trade and logistics functions. Customers include Xerox, Nestle, Sears, Procter & Gamble, Del Monte, CNH and The Home Depot. For information, visit www.gtnexus.com.

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