TradeBeam Named a Top 100 Logistics IT Provider for Its Global Trade Management Solution

Market Wire, May, 2008

TradeBeam, a leading provider of Global Trade Management (GTM) software, today announced that Inbound Logistics has named TradeBeam a Top 100 Logistics IT Provider for the fifth year in a row. The award recognizes 100 logistics IT companies that support and enable logistics excellence. Inbound Logistics editors whittled this year's list down from more than 300 companies through a comprehensive process of evaluating questionnaires, conducting research and soliciting reader feedback.

"TradeBeam empowers global logistics and supply chain management through innovative yet practical solutions," said Felecia Stratton, editor, Inbound Logistics. "The company has consistently enabled Inbound Logistics readers to match demand to supply, reduce inventory and create supply chain visibility. As shippers, carriers and 3PLs increasingly leverage logistics IT, TradeBeam continues to respond to their complex challenges. Inbound Logistics is proud to honor TradeBeam as a 2008 Top 100 Logistics IT Provider for excellence in meeting our readers' need for ROI, ease of use and efficient implementation."

TradeBeam's global supply chain management software currently ensures import compliance and export compliance with the trade regulations of countries representing more than 90 percent of worldwide trade, and more than $2 billion in Letters of Credit are processed through TradeBeam's financial services applications. Leveraging the most comprehensive, up-to-date and accurate trade content in the industry, TradeBeam's supply chain management system streamlines the entire lifecycle of the global supply chain across order, logistics and settlement activities to significantly improve operating efficiencies and cash flows. TradeBeam clients experience improved information accuracy and import and export compliance levels, increased productivity of trade experts and reduced administrative effort.

"The global economy has companies struggling to optimize their global supply chain processes by reducing risk, expenditures, inventory and working capital," said Graham R.F. Napier, CEO and president of TradeBeam. "From restricted party screening to international trade finance to origin management, TradeBeam's on-demand software can play a key role in reaching these goals, bringing greater efficiency and insight to every phase of the global trade management lifecycle."

About Inbound Logistics

Inbound Logistics is the pioneering publication of demand-driven logistics practices, also known as supply chain management. IL's educational mission is to help businesses efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning their supply to demand and adjusting enterprise functions to support that paradigm shift. More information about demand-driven logistics practices is available at www.inboundlogistics.com

About TradeBeam

TradeBeam is a Global Trade Management (GTM) software and services company providing on demand solutions that streamline global trading for enterprises and their partners. TradeBeam's integrated solution provides import and export compliance and visibility including inventory management, shipment tracking, and supply chain event management, as well as global trade finance solutions such as open account and letter of credit management. TradeBeam has over 1,800 customers in 100 countries worldwide. For more information, please visit www.tradebeam.com .

Add to Digg Bookmark with del.icio.us Add to Newsvine

Media Contact: Mo Mahmoud Eastwick for TradeBeam 650-480-4058 Email Contact