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EAST RUTHERFORD, NJ, December 4, 2013 -- Amber Road, a leading provider of
global trade management solutions (GTM), today announced that ABB, a leader in
power and automation technologies for utilities and industrial companies, has
signed a new global contract covering Amber Road's GTM solution.
The agreement expands the existing ABB Switzerland implementation, enabling the
ABB Group of businesses around the world to optimize landed cost analysis and
sourcing decisions. The contract also includes a worldwide license for Amber
Road's Global Product Master (GPM), which will provide ABB a centralized
repository for harmonized schedule (HS) classifications and other import and
export data. ABB intends to roll out the Amber Road solution during the first
quarter of 2014.
Enhanced automation to support
worldwide supply chain logistics
ABB's expanded relationship with
Amber Road is part of an ongoing
drive to upgrade its worldwide
supply chain and logistics
operations. This includes
adopting new online tools for
coordinating trade management in
its subsidiaries and businesses,
enhancing import and export
processes, and maximizing
benefits under preferential
programs such as free trade
agreements.
ABB Group selected the Amber
Road solution primarily because
of the depth of its Global
Knowledge®
trade content database, its
industry-leading functional
capabilities, and the fast
implementation process. Amber
Road's solution is deployed in
the Cloud.
Jim Preuninger, CEO of Amber Road, adds: "ABB is yet another example of a
forward-thinking company that is taking a strategic approach to global trade by
standardizing and centralizing many GTM functions. We look forward to continuing
a strong relationship with ABB which was started with a successful engagement in
Switzerland."
About ABB Group
ABB (www.abb.com) is a leader in power and
automation technologies that enable utility and industry customers to
improve their performance while lowering environmental impact. The ABB
Group of companies operates in around 100 countries and employs about
150,000 people.
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