Savi Provides Real-Time Logistics Systems to Taiwan Firm
SUNNYVALE, Calif.--June 21, 2001--Savi Technology, Inc. today announced that it will provide real-time logistics and information management software and systems to Elite International Management Co., Ltd., a Taiwan-based provider of assembly and shipping services for international automobile companies in the Asia Pacific region.
Savi Technology, through its subsidiary, AceFusion Taiwan Co., Ltd., will work with Elite to design and implement an international logistics hub, information exchange, and warehouse management systems. Elite will be one of the first logistics service providers in Taiwan to manage customs services and tax matters using an information system fully integrated with its automobile assembly and shipping operations.
"We were most impressed with the competency and flexibility of the market-leading solutions provided by AceFusion Taiwan," said Jack Yu, chairman of Elite International. "AceFusion Taiwan's professional knowledge and experience in information technology systems will assist us greatly in the management of complex supply chain information management for international markets."
Elite International's principal business operations are in assembly and logistics management for the automobile industry, as well as operations management in customs, taxation, and finished vehicle warehousing. The company operates the largest bonded storage facility for automobiles in Taiwan, located in Taichung Harbor. Due to its excellent climate and geographic positioning, the facility is an ideal distribution center for the whole of Taiwan.
"One goal of the new system is to provide real-time information about the storage condition and conveyance status of all vehicles in Elite's operations," said James Feng, general manager of AceFusion Taiwan. "This will help Elite to reduce operational costs and simplify delivery processes. Data captured and collected by Savi's software also will enable Elite to establish stronger performance measurements and enhance the overall efficiency of its logistics operations."
Elite International maintains a bonded warehouse at Taichung harbor, allowing automobiles to enter the international logistics area directly from ships docked there, economizing trailer expense and reducing the risk of damage during transportation. Moreover, Elite has the only Pre-Distribution Inspection (PDI) center in the bonded area in Taiwan, making it possible to pay customs duties and commodity tax in advance of delivery, and so eliminate interest expenses. With the establishment of a large-scale assembly, bonded storing and goods shipment center, Elite expects to become a fully autonomous logistics hub serving the entire Asia Pacific region.
The logistics information system, which will provide real-time, accurate information on the condition of delivered automobiles and all related logistics information, is scheduled to be fully operational late this year.