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GT Nexus Launches Cloud Tools, Further Opens Up Its Multi-Enterprise Trade Network Platform to User CommunityNew Solution Decentralizes Network Management, Allows Trading Partners to Self-Configure and Manage Their Interaction Workflows (May 17, 2012)
OAKLAND, CA -- (Marketwire) -- 05/17/12 -- Cloud supply chain platform provider GT Nexus today announced the general market availability of Cloud Tools, a multi-enterprise trade network administration solution. Cloud Tools allows authorized participants to independently manage their interactions with other companies on the GT Nexus cloud platform.
For years, companies have struggled to support global supply chains with scalable information systems. The traditional approach of bilateral electronic data interchange (EDI) between ERP systems has fallen short of delivering a global supply chain monitoring system capable of giving companies the information they need to run their trade networks. GT Nexus provides a shared, multi-tenant, multi-enterprise platform as well as collaborative inter-enterprise applications on which thousands of companies operate using harmonized processes and standards. These applications are synchronized with customers' ERP and other back-office systems.
"The emerging model works a lot like the wildly successful social networks where information is represented centrally and participants engage in business processes around a single source of truth," said Andy Stinnes, EVP of Products and Strategy at GT Nexus. "GT Nexus has applied that model to global trade enabling an innovative solution across many industries."
Cloud Tools is the way participants take control of their individual trading communities. The solution is also the centerpiece control console for IT departments to directly administer and monitor their companies' trade networks and the hundreds of internal and external integrations that support commerce on a global scale. All participants share common industry master data formats, B2B integrations and business process standards. This blend of configurability and standards, which is applied across a large network that includes Fortune 500 stakeholders in every vertical, is at the core of the GT Nexus value proposition.
"We have essentially taken the very tools we at GT Nexus have used for years to manage the platform and made them available to the user community," added Stinnes. "With Cloud Tools, certified users can go into the operational core of their networks to configure, control, monitor, and measure their networks."
The four primary capability areas of Cloud Tools include the following:
- Community Tools: To control access and visibility to a company's private trade network
- Configuration Tools: To tailor the cloud application footprint, business rules and workflows
- Integration Tools: To connect back-office ERP systems to the platform and to manage and monitor data flows among buyers, sellers, and other trading partners
- Analysis Tools: To monitor business process execution and tune performance
"These tools have given us an incredible amount of flexibility and speed in setting up and managing the complex supply chains of our customers on the GT Nexus platform," said Brice Jones, Senior Director, ISC Global IT at DHL. "With GT Nexus Cloud Tools we are able to provide better service to our customers."
The Cloud Tools solution is proven and in use by a number of customers and their partners. Particularly, large logistics service providers, who are using GT Nexus under a white label program to provide advanced supply chain services to hundreds of their customers, have made extensive use of Cloud Tools.
About GT Nexus
GT Nexus offers a cloud-based platform that the world's biggest companies use to drive efficiency and agility across the global supply chain. Leaders in manufacturing, retail and logistics services all share GT Nexus as their standard, multi-enterprise collaboration platform. Users operate against a core set of information across multiple supply chain functions to optimize the flow of goods and trade information, from order point to final payment. Customers include Xerox, Williams-Sonoma, Nestlé, DHL, Sears, Caterpillar, Kraft Foods and The Home Depot. For information, visit www.gtnexus.com.
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