PITTSBURGH, July 28, 2010,– Moai Technologies, Inc., a leading provider of sourcing and supply chain consulting services and technology-enabled sourcing and supply chain solutions, today announced that the nVision Global has implemented the company’s CompleteSourceTM e-Sourcing solution to conduct Internet-based sourcing and procurement for the benefit of its world wide customer base.
Moai’s technology and services blended with nVision Global's current products and services creates visibility throughout the whole supply chain from freight ordering, shipment visibility, audit and payment, tariff and contract maintenance and freight procurement. Our focus is to provide our customers a streamlined process for Freight Tender Management. The single greatest source for an accurate tender is the information captured during the freight bill audit and payment process. This business intelligence allows for comprehensive analysis & optimization, supporting the decision making process. The Licensing of Moai’s application and services offering supports nVision Global’s commitment to providing current and future customers with a true global, single source solution.” said Luther M. Brown, nVision Global's Founder & CEO.
It just got better with the addition of the freight procurement management offerings our customers truly have the ability to manage and maximize their transportation spend.” said Dominic McGough, nVision Global's Managing Director of Europe.
Moai was selected because of its award winning technology plus its ability to offer a solution that is extremely functional, flexible and designed to evolve as the needs of the organization changes.
“We needed a solution that would offer flexibility in terms of format and types of sourcing events, allowing us to gradually adopt new models with the support of our customers,” said Luther Brown,CEO of nVision global.. “The CompleteSource solution gives us that, as well as the potential to unlock additional functionality to allow us to move to a full supply chain solution model in the future.”
The online tenders increases the speed and convenience of the process for all parties; by investing in a standard PC and web browser, customers have access to an easier, more transparent marketplace. Also the auction modules incorporate a negotiation tool that will enable buyers and sellers to negotiate and collaborate in a faster, more competitive way.
“This new partnership demonstrates the benefits that strategic-Sourcing can bring even to established markets like the Logistics and Transportation Industry,” said Ramesh Mehta, CEO of Moai Technologies. “In an economy where ROI is the Holy Grail of any business spends, e-Sourcing/e-Procurement as part of the supply chain is a fast way to reduce costs and increase efficiency.”
About Moai Technologies
Founded in 1996, Moai Technologies is a provider of sourcing consulting services and technology-enabled solutions that allow corporations and e-Marketplaces to realize the maximum savings possible through strategic sourcing. Moai’s solutions can be customized and scaled to meet the needs of large and mid-sized organizations, no matter where they are in their strategic sourcing process. Moai has licensed its solutions to more than 145 customers in 18 countries from a variety of industries, including retail, manufacturing, forest products, chemicals and metals. Through strategic strategic sourcing, Moai’s customers have sourced more than $10 billion in goods and services, and have realized savings of more than $1 billion. Moai investors include market leaders such as Redleaf Group, Harbourvest Venture Partners, Hewlett-Packard, Intel, Merrill Lynch, Reuters and UPS. For more information, visit Moai online at www.moai.com.
For more information, contact: Moai Technologies, Inc,412-454-5550 x 234 Sam @moai.Com
About nVision Global:
nVision Global Technology Solutions, Inc., a leading global freight audit, payment and logistics management solutions provider headquartered in McDonough, GA USA. nVision Global has facilities in Asia (2), Europe (2), North America (3) and Central America (1) processing freight invoices from over 190 countries worldwide in 45 different currencies. Future plans are to add additional facilities in Australia, South America and Southeastern Europe. Dominic McGough attributes the company’s continued success to a single business philosophy, “To “Partner” with our customers by providing state-of-the-art technology, flexible processes, business intelligence and unparalleled customer service second to none in the industry.”"