IDS utilizes Descartes' cloud-based TMS to optimize transportation management, enhancing customer experience and reducing costs.
Quiver AI Summary
Descartes Systems Group has announced that IDS, a prominent European non-asset transport management and fourth-party logistics provider, is utilizing Descartes' cloud-based transportation management system (TMS) to enhance the logistical operations for shippers and carriers. This collaboration aims to improve cost efficiency and streamline transportation processes by optimizing shipment organization and carrier evaluations. Leon de Koning, Managing Director at IDS, emphasized the system's role in delivering freight management insights and ensuring the accuracy of carrier invoicing through pre-bills that comply with agreed tariffs. Descartes' TMS helps companies automate transportation processes and reduce costs, while also assisting businesses in adhering to EU emissions regulations by analyzing transportation-related data. Elmer Spruijt from Descartes highlighted the long-standing partnership's benefits in optimizing supply chain operations and meeting evolving customer needs.
Potential Positives
- Descartes' cloud-based transportation management system (TMS) is enhancing customer experience for shippers and carriers, emphasizing the company's commitment to improving logistics efficiency.
- The long-standing relationship between Descartes and IDS, spanning over 20 years, highlights the trust and collaboration that leads to continuous innovation and optimization in transportation management.
- The TMS provides valuable insights into operational and financial performance for IDS, indicating that Descartes’ solutions directly contribute to customer success.
- Descartes' TMS supports compliance with EU emissions regulations, showcasing the company's focus on sustainability in logistics practices.
Potential Negatives
- This press release emphasizes the reliance on forward-looking statements, indicating potential uncertainty in future performance, which may undermine investor confidence.
- The acknowledgment of factors that may adversely affect business results suggests vulnerability and risks that could impact financial stability.
- The emphasis on compliance with EU emissions regulations may highlight the need for substantial investment and operational changes to meet evolving regulatory standards, potentially straining resources.
FAQ
What is the focus of Descartes' transportation management system?
Descartes' transportation management system focuses on enhancing logistics efficiency and cost savings through optimized transportation management for shippers and carriers.
How does IDS benefit from using Descartes' TMS?
IDS benefits by reducing costs, automating processes, and improving freight management insights, leading to enhanced operational and financial performance.
Can Descartes' TMS help with EU emissions regulations?
Yes, Descartes’ TMS collects and analyzes transportation data to provide accurate estimates of carbon emissions for compliance with EU regulations.
What types of shipments does IDS manage using Descartes' solution?
IDS manages various shipments, including full truckload (FTL), less-than-truckload (LTL), groupage, palletized, and dangerous goods, using Descartes' solution.
How long has Descartes been collaborating with IDS?
Descartes has been collaborating with IDS for over 20 years, focusing on optimizing logistics and adapting to customer needs.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DSGX Congressional Stock Trading
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Full Release
AMERSFOORT, Netherlands and ATLANTA, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that IDS, a leading European non-asset transport management specialist and fourth-party logistics provider (4PL), is using Descartes’ cloud-based transportation management system (TMS) to enhance the customer experience for shippers and carriers by organizing and optimizing transportation, resulting in efficiencies and cost savings through end-to-end supply chain management.
“Our mission is to simplify the organization and optimization of transport across Europe for our customers and to provide them with the freight management insights they need to improve operational and financial performance,” said Leon de Koning, Managing Director at IDS. “The Descartes solution helps us reduce costs across all modes by automatically evaluating carriers, consolidating shipments and easily calculating the cost and time savings we can offer a customer.”
IDS also uses the Descartes solution to generate consolidated pre-bills for shipments. Prepared in accordance with contractual tariffs and agreed-upon surcharges, pre-bills serve as the foundational document for carriers to issue invoices. For all shipments—full truckload (FTL), less-than-truckload (LTL), groupage, palletized and dangerous goods—carrier invoices are compared to the corresponding pre-bill or validated against the corresponding freight data invoice record to ensure accuracy, consistency and streamlined workflows for all stakeholders.
Descartes’ cloud-based TMS helps companies of all sizes automate and synchronize transportation processes and reduce transportation-related costs. By eliminating manual steps to communicate with multiple systems and transportation partners, logistics service providers, like IDS, and shippers and reduce the risk of inaccurate data, increase productivity and accelerate the movement of goods. To help businesses comply with European Union (EU) emissions regulations for road transport, the Descartes TMS collects and analyzes data—mode of transportation, load weight, distance traveled, fuel consumption—to provide an accurate estimate of an organization’s carbon emissions from transportation activities.
“With a dynamic relationship spanning 20+ years, we’re pleased that the ongoing innovation and collaboration with IDS continues to help them optimize the movement of goods while adapting to meet the evolving needs of their customers,” said Elmer Spruijt, VP, Global Sales at Descartes. “Descartes’ global transportation technologies help logistics-focused businesses around the world boost service level performance, unlock productivity gains, meet compliance demands, and drive bottom-line efficiency.”
Learn more about Descartes’ Transportation Management Solutions .
About IDS
Leveraging 33 years of experience, Netherlands-based IDS provides smart 4PL logistics control tower solutions and freight forwarding services that can handle any complexity in any country in, from, and to Europe. IDS offers transport management services, consulting services, and supply chain collaboration for shippers, operating as the connecting link between shippers and their partners in the supply chain. For more information, visit www.idsnl.com .
About Descartes
Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com , and connect with us on LinkedIn and Twitter .
Global Media Contact
Cara Strohack
Tel: +1(800) 419-8495 ext. 202025
[email protected]
Cautionary Statement Regarding Forward-Looking Statements
This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ transportation management system solution offerings and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes’ most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.