Management Dynamics Inc., a provider of price and contract management solutions for the global transportation industry, has acquired BridgePoint, a provider of supply chain visibility and event management solutions. The acquisition will create a portfolio of on-demand solutions that manage and optimize global supply chains. Terms of the deal were not disclosed.
BridgePoint solutions for supply chain visibility, booking and performance management include over 3,000 users in 63 countries and 20 million transactions per month.
“The efficient management of global supply chains depends upon information flows that fully integrate suppliers and service providers with internal operations,” said Jim Preuninger, CEO of Management Dynamics. “The BridgePoint acquisition offers Management Dynamics’ customers a strong foundation of proven solutions that synchronize supply chains to deliver faster cycle times, fewer stock-outs, and lower transportation costs.”
BridgePoint offers a source of supply chain information to synchronize inbound and outbound logistics processes. The company’s clients include Apple Computer, Best Buy, FedEx Supply Chain Services, Hyundai Motor America, Levi Strauss & Co., Procter & Gamble and the WorldWide Retail Exchange.
“Obtaining timely, accurate, and complete information regarding the entire order-to-deliver process is becoming more critical as companies increasingly source, manufacture, and deliver goods on a global basis,” says Adrian Gonzalez, director, Logistics Executive Council, ARC Advisory Group. “This acquisition combines the complementary strengths of Management Dynamics and BridgePoint to offer clients a differentiated value proposition."
The BridgePoint acquisition expands the portfolio of Management Dynamics’ on-demand solutions which enable importers, exporters, logistics service providers, and carriers to efficiently manage complex, global supply chains.
“BridgePoint provides our customers with complete visibility to their shipments at all times. Using automated alerts, the system allows my staff to respond quickly to issues and keep cargo moving,” says Arnold Da Silva, executive vice president, Schenkers of Canada. “Expanding visibility with proven solutions to manage buy rates, automate ocean pricing and proposals, and simplify the freight audit and payment process, has definite appeal to any logistics service provider.”
“We use BridgePoint to streamline our international pipeline, make earlier and more accurate inventory allocations, and measure trading partner performance,” says Chris Aronovici, logistics transportation manager with specialty retailer Best Buy. “We look forward to new solutions that will help us make more advanced cost-service tradeoffs to better manage the impact of capacity constraints and port congestion.”www.managementdynamics.com