Stora Enso has selected GT Nexus to provide a technology platform that will help optimize the former’s global ocean logistics operations. Delivered as a cloud technology service, GT Nexus will provide an integrated network that connects Stora Enso and its global logistics partners to a single source of operational data. A suite of business applications sit on top of the network and automate business processes around logistics planning, visibility, execution and performance measurement.
GT Nexus is providing Stora Enso with a multi-enterprise cloud technology platform that is designed specifically for global supply chain management. All stakeholders in the Stora Enso value chain operate off a “single version of truth” information model, which drives transparency through a central, standardized source of events, shipments, transportation rates, documents, transactions and performance metrics. GT Nexus also provides the integration infrastructure, and data quality improvement tools ensure information is timely, complete and accurate.
Berit Hagerstrand Avall, Vice President Sea Transportation at Stora Enso Logistics, said, "After an extensive selection process, we chose GT Nexus because they blended deep domain experience with the right technology model to help us achieve our goals. To be successful, we need to connect our partners and create a single view into our global logistics operations. GT Nexus comes with a pre-connected community of industry providers who are already active on the platform supporting other large shippers. That is a significant advantage."
Avall added, "We ship over 200,000 containers each year. The scope and complexity of our network demanded we take a highly innovative technology approach. The GT Nexus cloud platform proved to be the ideal solution to meet our requirements."
Greg Johnsen, Chief Marketing Officer at GT Nexus, said, "Large multi-national corporations are coming together in the cloud and tackling common supply chain challenges. We welcome Stora Enso to the community of customers that are collaborating with each other and key partners on the GT Nexus platform."
GT Nexus's Supply Chain Intelligence applications will serve as a master business intelligence analysis and report dashboard, supporting things like allocation tracking and compliance, spend analysis, visibility into key performance metrics and service level agreements. GT Nexus will also integrate to the Stora Enso ERP system, effectively extending the reach of that legacy software system across the entire supply chain and partner ecosystem.
Recently, WNS Limited announced that it will collaborate with GT Nexus, to provide platform-based BPO services and solutions to the Shipping and Logistics industry. Based on the terms of the agreement, WNS and GT Nexus will collaborate to provide shippers, forwarders, 3PLs and carriers with a high quality of service for their end-customers and help them cut down on costs in areas such as contracts, pricing, analytics, documentation and freight management.
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