-- 1.6 times as likely to be using supply chain/ inventory visibility technology. -- Firms that are using this technology are: -- Twice as likely to have reduced total landed costs over the past 2 years -- 2.4 times as likely to have reduced inventory levels since 2004 -- 3 times as likely to have faster-than-average order-to-delivery cycles -- Twice as likely to have reduced lead times and lead time variability from international locations in the past 2 years -- Almost twice as likely to report increased global supply chain budget accuracy over the past 2 years -- Twice as likely as Laggards to have access to receivables/ payables/ inventory financing at various stages in their supply chains: -- Firms w ith this capability are: -- Almost twice as likely to have reduced their cash conversion cycle over the past 2 years -- Fifty percent more likely to have improved their return on capitalTradeBeam helps companies achieve Best-in-Class results through a mature, full suite of supply chain finance and inventory visibility and management applications. "Historically, the physical and financial supply chains were managed as separate entities," said Graham Napier, CEO of TradeBeam. "Maturing technology and services vendors with a global view and breadth are helping forward-thinking companies unite the two for vastly improved working capital processes that are proven to advance bottom line financial performance and free up material cash amounts for growth initiatives and other corporate priorities." To learn more and download a complimentary copy of this report, please click on: http://www.aberdeen.com/link/sponsor.asp?spid=30410206&cid=3996
About TradeBeam: TradeBeam is a Global Trade Management (GTM) software and services company providing on demand solutions that streamline global trading processes for enterprises and their partners. TradeBeam's integrated solutions provide import and export compliance, inventory management, shipment tracking, supply chain event management and global trade finance solutions such as open account and letter of credit management. TradeBeam has over 3,000 customers with users in over 100+ countries worldwide. For more information, please visit www.tradebeam.com. Copyright © 2007 of TradeBeam Holdings, Inc. and all its subsidiaries ("TradeBeam"). All rights reserved. TradeBeam and logos; included but not limited to, TradeBeam 3.0 GTM Application Suite, i-Supply, and TradeBeam Solution Blueprints are trademarks of TradeBeam. All other company, product and brand names are the trademarks of their respective owners.
Contact Information: Media Contact: Margaret Hoerster Ruder Finn 312-329-3909 hoersterm@ruderfinn.com