Mariel Ilardi Co-Chair, Content Mariel Ilardi, co-chair of the Wharton Women in Business Conference, oversees all content for the conference, including panels, keynotes and conference themes. Mariel has had experience in the consulting, finance and marketing arenas, having worked most recently in equity research at Sanford C.
From high school reunion sites to B2B portals, the web is a heaven-sent tool for constructing communities.
Two trading partners that swap electronic data will get business done faster and more effectively than if they rely on phone and fax. When dozens or hundreds of users exchange information through a central facility, the opportunities to build new, profitable relationships multiply.
Since its debut in the late s, Nistevo Corp.
About logistics professionals working for those companies use the network to do business with more than carriers.
Increasingly, they also use the electronic community to share those carriers by building continuous moves and tours. As this collaboration guarantees carriers fewer deadhead miles, it helps the shippers secure better rates.
Among those functions are contract management, carrier selection, load tendering, communications via Electronic Data Interchange EDI or Extensible Markup Language XMLload tracking, exception-driven alerts, and reporting.
As an application service provider ASPNistevo offers its technology by subscription. New customers can start using it in as few as 65 days, without the trauma and expense of a major software implementation.
The network model also allows Nistevo to deliver new features quickly, and it does so every six to eight weeks. True to the community network model, the paper, packaging and forest products manufacturer joined Nistevo at the suggestion of a trading partner.
Eventually, it hopes to expand the system to 80 locations, although it has not yet laid plans for the full rollout, Howell says. Each company location dispatches its own freight, and "some locations were doing a much better job than others" of tendering each load to the carrier with the best negotiated rate, Howell says.
As users create shipments, Nistevo "is always looking for the lowest-cost carrier with the best equipment to deliver the value," he says. Users tender loads to the preferred carriers, and carriers accept loads via EDI. Delivery notices that carriers send through Nistevo provide the data for these reports.
The company wanted to offer loads to carriers and get their responses within 30 minutes. In the EDI world, though, transactions generally move in batch, and hour turnaround times are considered acceptable. Now that International Paper has worked out the problems with its EDI infrastructure, "up time and reliability are not an issue any longer," he says.
Within the next year or so, International Paper hopes to start accessing Nistevo through ForestExpress, a transaction processing network for the forest products industry, Howell says. Nistevo and ForestExpress announced in May that they will develop real-time connectivity between their networks.
International Paper uses Nistevo to manage only its outbound transportation. That has been true of many Nistevo members, but this year some of them are starting to look at the inbound side as well, Lynch says. For example, after focusing purely on truckload TL transportation in the past, the company recently announced that it will add functions for less-than-truckload LTL freight.
That will mean adding the ability to capture events that apply to those modes—noting, for example, that a container has arrived in a port or has been loaded onto a train.
Also, customers using these other modes want more detail about their inventory than do TL shippers, Lynch says. To fill this need, Nistevo will add the ability to track individual stockkeeping units SKUs.General Mills Says Cheerio to VMI; Makes Collaborative Replenishment Its New Lucky Charm.
At the leading edge, companies such as General Mills have evolved into a next-gen version of Vendor Managed Inventory (VMI).
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