UPS Introduces New Cloud-Based Technology Platform to Improve International Supply Chain Management

  UPS Introduces New Cloud-Based Technology Platform to Improve International
  Supply Chain Management

Business Wire

ATLANTA -- November 13, 2012

UPS (NYSE: UPS) today announced enhancements to its global ocean and air
freight forwarding product, UPS Supplier Management, with the introduction of
UPS Order Watch^SM, a cloud-based technology platform that allows customers to
more efficiently collaborate with international suppliers and better manage
their inbound supply chains.

Enhancements to the service include added capabilities to enable greater
accuracy and timeliness of overseas vendor bookings; improved processing and
management of suppliers; automated exception management; near real-time
shipment status and detailed line-level visibility of in-transit inventory;
improved internal operational processes; and facilitation of purchase order
(PO) consolidation and optimized shipping plans. The enhancements, along with
highly-refined logistics processes stemming from decades of experience, are
now available to current customers. The UPS Order Watch platform will be
available to new customers starting in early 2013.

“Companies are beginning to look to the cloud for opportunities to improve
supply chain collaboration and reduce operational inefficiencies,” said Tom
Boike, vice president of supplier management at UPS. “Through scalable
cloud-based supply chain management technologies such as UPS Order Watch,
companies are not only able to streamline management of vendors, but also
manage all of their inbound shipments via a single platform. This can provide
opportunities to consolidate ocean freight shipments and improve container
usage to realize cost savings, which is increasingly important as COOs are
looking for ways to mitigate ocean transportation costs following the ocean
carrier rate increases in 2012.”

The improved UPS Order Watch vendor booking system will dispatch
system-generated exception alerts to help ensure vendor adherence to customer
requirements and provide an online system for approvals, facilitating
PO-specific communication between vendor and customer. The improvements to the
Supplier Management service will eliminate time-consuming email communication
and also reduce the need for additional record keeping by the customer.

Enhanced monitoring of vendor bookings against purchase order details and ship
windows can further increase customer control, enabling intervention in early
or late shipments or improper order quantities. Once an order is placed,
PO-level shipment planning and execution capabilities enable visibility and
control from order creation through shipment delivery, providing customers
with a virtual on-hand inventory view of incoming orders and merchandise.

UPS Order Watch also facilitates improvements to inbound supply chain
visibility by enabling a “single version of the truth” due to the entire value
chain community, from ocean carriers to trucking companies, being linked to
the host network as opposed to the common method in place today of electronic
data interchange, or EDI, file exchanges.

For more information on UPS Supplier Management services, visit
http://www.ups.com/content/us/en/bussol/browse/supplier_mgmt.html.

UPS (NYSE:UPS) is a global leader in logistics, offering a broad range of
solutions including the transportation of packages and freight; the
facilitation of international trade, and the deployment of advanced technology
to more efficiently manage the world of business. Headquartered in Atlanta,
UPS serves more than 220 countries and territories worldwide. The company can
be found on the Web at UPS.com and its corporate blog can be found at
blog.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.

Contact:

UPS
Keisha A. Simmons, 404-828-6798
keishasimmons@ups.com
 
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