MercuryGate Finishing 2009 With Major Successes
Company growth targets met, continued client successes at Siemens Energy and RR Donnelley, customer conference attendance highest ever
Cary, NC – November 23, 2009 – MercuryGate, the industry leading TMS software provider for shippers, freight brokerage and third party logistics providers is celebrating its finest ever business year. As 2009 winds down MercuryGate is on track to complete the year with a 30% increase in client base and the third consecutive ~ 20% increase in revenues. "In such a difficult economic time we are pleased that our software provides exceptional cost savings and value to our clients. There has never been a better time to implement a TMS and our growth reflects this is the time," said Monica Wooden, MercuryGate CEO.
Siemens Energy, Inc. presented at the recent CSCMP industry conference. The Siemens presentation stated that the expanded use of the MercuryGate TMS now provides better coverage for SPGI truckload shipments by broadcasting to more carriers, a streamlined payment process and lower shipment cost due to direct competition. The presentation also showed how the recent integration of the MercuryGate TMS and Siemens' SAP/ERP system has provided optimized carrier and mode selection, improved cost allocation, and improved transportation charge timeliness. For more details see the Siemens case study at www.MercuryGate.com.
RR Donnelley also presented at the CSCMP industry conference. Toni Thompson- VP Operations said, "The MercuryGate TMS is a more robust system that better meets RR Donnelley's business requirements – It's a pure transportation system." RR Donnelley was pleased to experience a dispatch bid process time reduction from about 2 hours to 10 minutes and a cost and service reporting time reduction from about 4 hours to 15 minutes. RR Donnelley is currently averaging 13% Cost Savings Per Mile Overall along with an exciting revenue increase of about 17%. For more details see the RR Donnelley case study at www.MercuryGate.com.
"I always tell clients that attending provider user conferences is among the most valuable investments of time they can make," said Adrian Gonzalez, Director, Logistics Viewpoints, ARC Advisory Group. "It's an opportunity to spend a few days with other supply chain and logistics professionals, sharing case studies and discussing industry trends. It's also an opportunity to learn about the new capabilities available and how to leverage them effectively. I've attended the MercuryGate Customer Conference for several years, and even though the event has grown in size and scope, it still maintains an intimate atmosphere for learning and networking." The 2009 MercuryGate Customer Conference was held at the Bellagio Hotel in Las Vegas, Nevada. The conference was attended by over 170 representatives from 70 MercuryGate client companies. A conference attendee was overheard saying, "At most user meetings attendees are told how good things are going to be. At this user meeting we were told how good things are already." The agenda included topics on how to take best advantage of the MercuryGate TMS capabilities and new functionality. One new TMS feature announced was TMS Mobile that allows users to interact with the TMS via their iPhones. With the iPhone application, users can access data like carrier rating, customer rating, and real time reports. Another new feature announced was the MercuryGate Carrier Management System (CMS). This capability helps customers manage large numbers of carriers. For more details see the iPhone and Carrier Management System information at www.MercuryGate.com.
About MercuryGate International
MercuryGate delivers solutions that allow shippers, carriers, freight forwarders and third party logistics providers to plan their transportation, execute their freight movements, and analyze the performance of all involved. Customers optimize loads, rate and route loads, spot quote through both private and public bid boards, tender freight, track movements, audit carrier freight invoices, and send customer invoices. Through a customizable workflow engine, MercuryGate customers are able to move the straightforward parcel, LTL (less than truckload), and truckload shipments as well as the more demanding multi-leg ocean, air, and rail movements. Customers may then analyze the information gathered as they move freight to provide key performance indicators on their internal business as well as on carriers, suppliers, and all parties in the supply chain. For more information, visit www.mercurygate.com.