OL&T inks new deals
US-headquartered Odyssey Logistics & Technology (OL&T) has entered into a fiveyear outsourcing agreement with Momentive Performance Materials that will see it managing Momentive’s inbound and outbound logistics in North America, Europe and Asia. As a result, OL&T will provide Momentive with complete transport services, including warehousing, carrier selection and qualification, contract negotiations, claims and non-conformance management and reporting in addition to tendering, freight audit and payment services.
Furthermore, Momentive’s SAP-based enterprise resource planning system will now be integrated with the Odyssey Global Logistics Platform (OGLP), OL&T’s proprietary netnative transport management system (TMS). This, OL&T asserts, will provide Momentive with a single global TMS by which it will be able to view all transport activities regardless of mode or region. As a result, Momentive expects to not only improve its logistics performance but also reduce its costs.
“We put Odyssey Logistics & Technology through a vigorous evaluation to give us an indepth understanding of its technology capabilities and expertise in handling international challenges,” says Momentive’s global supply chain director Bill French. “OL&T gave us the confidence that they could handle our business across the world and so far they have delivered. Odyssey is one part of a multi-prong strategy to automate and globalise our business – customers want better service and information and Momentive will continue to find ways to deliver their requests.”
Meanwhile, OL&T has also expanded its arrangement with W R Grace & Co, for which it has provided worldwide transport and logistics services since 2004. Under the new deal, OL&T will now also take on the management of Grace’s transport requirements relating to its manufacturing facility within Dubai’s Jebel Ali Free Zone. “OL&T combined its past success and experience with Grace, using its deep local knowledge and capabilities, to deliver a meaningful solution to Grace’s challenges in the region,” explains Kevin M Land, OL&T’s vicepresident of global solutions.
“This is an excellent example of working together to deliver value across our networks. Grace is focused on environment, health and safety, quality and costs, and partnering with OL&T facilitates the drive to these goals,” says Thomas M Brossart, Grace’s director of global logistics and trade compliance. “This project has been good for Grace,” adds Gianni Marnini, Grace’s regional general manager, who worked closely on the project from its inception. “Outsourcing our internal fleet and changing our former provider are well on track. We did the right thing by moving away from fixed-cost pricing to a full variable-cost model.”
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