OAKLAND, CA--(Marketwired - Jul 24, 2013) - GT Nexus today announced that it will assist HP global operations in accelerating the realization of their supply chain transformation goals. Under the terms of the agreement, GT Nexus will provide HP with global supply chain visibility and a control platform, all delivered as a networked, multi-enterprise solution in the cloud.
As the largest technology company in the world, HP operates the biggest and most complex supply chain in the industry. The company has operations in approximately 170 countries and over 320,000 employees. Every sixty seconds, HP delivers 4 servers, 120 PCs and 100 printers to customers around the world.
"Our strategic relationship with HP is very significant," said Sean Feeney, GT Nexus CEO. "HP is the leader in the global technology space and as our multi-tenant industry backed network continues to grow, the presence of the number one IT supply chain further solidifies GT Nexus as the standard for global supply chain management and commerce across industries."
"We partnered with GT Nexus because of their leadership in bringing supply chain business processes and data flows together in the cloud," said Tony Prophet, Senior Vice President PPS Operations for HP. "Cloud-enabled agile networks will be a core element of our continuing supply chain transformation."
GT Nexus will connect the HP network of logistics providers and suppliers across four continents to a single source of supply chain information about orders, inventory, shipments and documents.
A suite of business applications will deliver supply chain visibility across different HP product supply chains. Transportation control layer capabilities will help HP coordinate among regional 3PLs to optimize inventory flows and consolidate shipments. The enhanced capabilities will support initiatives designed to maximize direct shipping to customers, transportation spend reduction and dynamic inventory fulfillment.
About GT Nexus GT Nexus operates the world's largest cloud-based business network and execution platform for global trade and supply chain management. Over 25,000 businesses across industry verticals, including adidas Group, Caterpillar, Citi, Columbia Sportswear, DHL, Electrolux, Levi Strauss & Co., Kohl's, Nestlé, Pfizer, Renault, and Sears share GT Nexus as their standard, multi-enterprise collaboration platform. This enables all network participants to operate against a core, real-time and always on set of information across multiple supply chain functions, allowing them to optimize the flow of goods, funds and trade information, from the point of order through final payment. For more information please visit us at www.gtnexus.com .
Contact: Bryan Nella GT Nexus +1-212-405-1855 bryan.nella@gtnexus.com
