Trax technologies
Global Contract Assurance Company Saves Millions for HP
SCOTTSDALE, Arizona, August 29/PRNewswire/ --
- TraxTech is Only Contract Assurance Company to Be Included in '100 Great Supply
Chain Partners'
Trax Technologies is delighted to be the only contract assurance company to win a
place in the '100 Great Supply Chain Partners,' as judged by Global Logistics &
Supply Chain Strategies magazine's July 2005 issue.
Nominations were received from over 2,000 senior company executives and judging was
based on a wide variety of issues from 'cost savings' to 'global capabilities.'
'It gives us great pleasure to win this award from a truly global company,' says Scott
Nelson, CEO of Trax Technologies. 'It reflects a genuine achievement.' For large global
companies such as Hewlett-Packard, managing worldwide transportation is a monstrous job
that would be impossible without Trax Technologies.
'HP has reduced its freight spend by several million dollars,' says Patricia
Flynn-Cherenzia, manager of worldwide freight cost management for HP. ' has
delivered a global view to supply chain freight spend across the enterprise for enhanced
reporting and improved financial management of freight costs.'
'There is a perception that it is not possible for a sole provider to deliver this
service on an international basis,' continues Nelson. 'Trax can. Companies are looking to
save millions on their global freight spend. Trax enabled HP to do this and more. They now
have easy web access to detailed, quality information on logistics spend and even product
cost.'
For the first time, even the largest of companies can implement a one-stop global
solution: Trax Technologies.
The full magazine article can be viewed at www.glscs.com and TraxTech can be
found at www.traxtech.com.
Web site: www.glscs.com
Web site: www.traxtech.com
Source: Trax Technologies
North America, Joe Corniuk, +1-480-556-8710, jcorniuk@traxtech.com, or EMEA, David
Henderson, +44-1292-280078, dhenderson@traxtech.com, both of Trax Technologies