NEW YORK, Nov. 30, 2017 /PRNewswire/ -- Infor, a leading provider of industry-specific cloud applications, today announced that OCTAL, the world's largest integrated polyethylene terephthalate (PET) sheet and resin producer, has successfully deployed the Infor GT Nexus Commerce Network to enable digital supply chain transformation. The capabilities provided by the GT Nexus platform support the export supply chain by optimizing global logistics, planning and customer service.
OCTAL produces close to 1 million metric tons of bottle grade PET and DPET™ sheet annually from its facilities in Salalah in the south of Oman, Cincinnati (USA) and Riyadh (Kingdom of Saudi Arabia), and it ships worldwide to customers in over 75 countries.
"The delivery of an exceptional customer experience is critical to OCTAL's long-term success," said Dennis Melgert, Director of Global Logistics and Supply Chain at OCTAL. "We are digitizing our supply chain, so that accurate information drives decisions, efficiency and superior customer experience. With the GT Nexus cloud platform, we have visibility across our supply chain, which puts external and internal teams on the same page to deliver increased customer value."
The Infor GT Nexus Commerce Network serves as the central global supply chain information source for OCTAL, connecting supply chain partners, IT systems and internal operational teams to process control applications, documents, and event alerts. Logistics teams can move product more efficiently, and customer service teams use the same information to keep customers informed about critical material flow that will keep their production lines moving.
OCTAL personnel can plan, execute, monitor and measure supply chain activities with a range of business applications on the Infor GT Nexus platform. Application capabilities include:
Supply chain visibility into shipment flows, with related commercial documents and freight rates, partner activity, lane capacity, and logistics events
Global logistics sourcing to procure and optimize purchased transportation for ideal lead times and cost-service combinations
Planning system integration, which provides ERP systems with real-time data about what's actually happening across the global supply chain
"Industry relies on the patented DPET™ technology from OCTAL to improve the packaging value chain, and the ability to reliably meet demand for these vital materials is key," said Kurt Cavano, Infor Senior Vice President. "OCTAL recognizes the importance of having a resilient and responsive supply chain that, supported by the Infor GT Nexus Commerce Network, helps it drive increasing value for its customers. We are thrilled to be part of this digital transformation initiative."
The Infor GT Nexus platform was selected by OCTAL in 2015 and has been in production use there for more than two years. OCTAL is now extending the capability footprint through additional products and broader integration with OCTAL operational systems.
Infor builds business software for specific industries in the cloud. With 16,000 employees and over 90,000 customers in more than 170 countries, Infor software is designed for progress. To learn more, please visit www.infor.com.
About GT Nexus GT Nexus is the world's largest cloud-based, multi-enterprise commerce network for global trade and supply chain management. Over 28,000 businesses across industry verticals, including adidas Group, Caterpillar, Columbia Sportswear, DHL, Electrolux, Levi Strauss & Co., Nestlé, and Sears share GT Nexus as their standard, multi-enterprise collaboration platform. This enables all network participants to operate with a core, real-time, and always-on set of information across multiple supply chain functions. The platform helps customers optimize the flow of goods, funds and trade information, from the point of order, through final payment. For more information please visit us at www.gtnexus.com.
This announcement reflects the direction Infor (the "Company") may take with regard to the specific product(s) described herein, all of which is subject to change in the sole discretion of the Company, with or without notice. The Company is not committing to develop or deliver any specified enhancement, upgrade, product or functionality, even if such is described in this announcement and even if such description is accompanied by words such as "anticipate," "believe," "expect," "intend," "may," "plan," "project," "predict," "should," "will," and/or similar expressions. Many factors can affect the Company's product development plans and the nature, content and timing of future product releases, all of which remain in the sole discretion of the Company.
Media contact: Steve Bauer Infor (628) 444-5101 (650) 670-7135 (mobile) [email protected]