“Visibility is an initiative that touches our finance, inventory control, merchants, distribution center, and logistics teams, so the domino effect of poor data is extensive.”

"We have automated the highly complex coordination of inventory movement in the cloud where our entire network of supply chain partners all work against a single information set. That is the only way you can run an agile supply chain."

“Since joining the GT Nexus Platform, we have seen significant improvement in multiple facets of our operation. Cash flow consistency has been enhanced. We have achieved complete visibility with vendors and buyers through automated transactions on a shared platform. The payment security has been greatly improved through the system.”

"The devil will be in the process rather than in the incentive."

“The GT Nexus platform has helped provide transparency across our supply base on procurement spend-by-vendor. Although this sounds very basic, we can now retrieve this information in a matter of minutes versus in the past, when this was a very manual and time consuming process supported by numerous Excel spreadsheets …

"The Suppliers love GT Nexus because now they have visibility to when they’re going to get paid and they know they are going to get paid on time. This also has helped us in negotiations back and forth on pricing because they know they’re going to get their cash through …

“Now we use all services available on the platform, from shipment to payment, including invoice discounting. Approximately, on average more than US$3 million worth of transactions is handled through GT Nexus every month.”

“By adopting the Supplier Financing program, Tata Accesorios Globales gets paid faster at better terms and no longer endures high borrowing costs and hidden fees imposed by local banks.”

"Trade Xpress delivers a competitive advantage that allows us to increase sales and meet specific requirements from existing and new customers without straining our resources."

“We rely on GT Nexus for payment settlement. By using GT Nexus to manage our supply chain, we have become more efficient in handling the shipping documents. Hence, manpower is saved. The accuracy of documentation has been improved.”

"GT Nexus comes with a pre-connected community of industry providers who are already active on the platform supporting other large shippers. That is a significant advantage."

“Connecting our trading partners on one global network with automated documents and workflows will improve communication from order through settlement. GT Nexus allows us to handle sourcing in-house and manage by exception, reducing costs and minimizing errors. Access and connectivity through the platform allows us to eliminate letters of credit …

"In projects like this where you are dealing with important data, the people and support are just as important, if not more important than the technology."

“One of the key things we were looking for— right off the bat—was adding value through reducing complexity and being able to streamline some of our core processes."

“We joined GT Nexus in 2009 and now over 90 percent of our customers transact on the GT Nexus platform. The efficiency in the transaction process has improved significantly. We have achieved better control in the timing, system control and system validation.”