CIO Magazine and Supply Chain e-Business Give Top Honors to Nistevo for its Web-Based Transportation Management System
MINNEAPOLIS--Aug. 15, 2002--Nistevo Corp., the leading Collaborative Logistics Network(SM) for transportation management, announced today that it has been honored with two industry-leading awards for delivering significant value to customers through its innovative, Web-based transportation management system (TMS).
Nistevo, which allows manufacturers, retailers and carriers to plan, execute, settle and analyze their inbound and outbound transportation, is a winner of the prestigious CIO-100 award from IDG's CIO magazine and has been named to the Supply Chain e-Business Top 100. Nistevo customers currently manage more than 2.2 million shipments annually using the Nistevo Network and are consistently experiencing savings of 5-25 percent off their transportation costs.
Nistevo Receives CIO-100 Award
The 2002 CIO-100 award recognizes organizations around the world that excel in positive business performance through integrated processes and technologies. This year's CIO award honors 100 companies that demonstrate integrated technologies and procedures to improve products, services and relationships with partners and clients. Nistevo was selected for the award by an expert panel and team of CIO editors and writers.
"Now, more than ever, companies rely on integrated applications that freely share information," said Abbie Lundberg, editor in chief of CIO magazine. "This year's CIO-100 award recipients are being honored because their companies developed an integrated enterprise to enhance their business, from improving relationships with customers to creating a seamless value chain."
Nistevo Named to Supply Chain e-Business Top 100
The Supply Chain e-Business Top 100 is an annual resource of leading-edge application vendors whose solutions squarely address the many supply chain challenges facing executives today. The Top 100 was compiled by Supply Chain e-Business magazine and a panel of leading consultants and advisors who focused on the following selection criteria: a proven record of driving bottom-line supply-chain performance; marketplace success measured by the number of implementations, revenue earned, and number of transactions; usability, ease of implementation and simplicity of integration; financial viability; and innovation and functionality.
"We congratulate Nistevo for their placement on the 2002 Supply Chain e-Business Top 100 as a premier application provider in the area of supply-chain execution," said Brad Berger, publisher of Supply Chain e-Business magazine.
"Nistevo is pleased to be recognized by two of the industry's leading publications for our technology innovations in transportation management," said Kevin Lynch, president and chief executive officer of Nistevo. "Our customers continue to grow in their use of the Nistevo Network for all their transportation needs, and as a result, are experiencing real return on investment through reduced costs, streamlined operations and improved customer service. Being selected for these awards further validates our technology's value to the market."
Complete coverage of the 2002 CIO-100 is featured in the August 15 issue of CIO magazine and at http://www.cio.com. The 2002 Supply Chain e-Business Top 100 list appears in the publication's July/August 2002 issue and is available online at http://www.supplychainebusiness.com.
About Nistevo
Nistevo is the leading Collaborative Logistics Network(SM) for transportation management, a hosted software service that enables manufacturers, retailers and carriers to plan, execute and settle their inbound and outbound full and less-than-truckload transportation. The Nistevo Network offers visibility and event management, contract management, execution, and tours that can be deployed in as little as 65 days. Using the Network, members are managing more than 2.2 million shipments annually resulting in more than 300 million miles of freight moved in the past six months alone. Nistevo's clients include Baxter Healthcare, Church & Dwight Co., General Mills, Georgia-Pacific, Ivex Packaging, McCormick & Company, Nestle USA and Seneca Foods, among others. For more information, visit www.nistevo.com.