Janel World Trade Subsidiary In Agreement To Provide Global Sourcing Solution To AB&T Telecom
Janel World Trade, Ltd. , a full-service global provider of integrated logistics services and related technology solutions,recently announced that its wholly-owned Order Logistics, Inc. subsidiary has agreed to partner with Premier Resources International (PRI) to provide a global sourcing solution for AB&T Telecom. This agreement will include an exclusive sourcing arrangement for wireless phones and accessories, custom configuration, and end-to-end logistics directly to the end user.
The solution will be supported by a powerful web-based "Global Sourcing Execution System" ("S3") powered by Order Logistics' Solve (IT)2 platform. "This partnership will revolutionize the way AB&T Telecom delivers complete wireless solutions to its customers," stated Huey Long, President of Premier Resources International.
"Going directly to the source, and configuring individual phones for consumers, in China, will allow AB&T to significantly enhance its competitiveness in the marketplace," noted Emmet Tydings, President of AB&T Telecom. "The solution will provide an immediate basis for a new paradigm in the way wireless phones are sourced, configured and delivered. It will also eliminate costly steps in the current wireless phone supply chain and increase the speed and efficiency of getting customized wireless phones to our customers."
"This relationship with AB&T Telecom, along with other recently announced contracts, illustrate the synergies that are already being realized following Janel's acquisition of Order Logistics' business assets in October 2007," stated James Jannello, Chief Executive Officer of Janel World Trade, Ltd. "As a growing number of manufacturers and retailers seek to reduce costs by outsourcing merchandise, products and components from China and other Far Eastern countries, the management of 'in-transit' inventories becomes increasingly critical. By integrating Order Logistics' web-based information technology solutions with Janel's freight forwarding, customs brokerage, and warehousing capabilities, we move closer to our goal of providing a 'total sourcing solution' that can increase our share of the $300 billion global logistics industry."
About AB&T Telecom
AB&T Telecom delivers a broad range of wireless and landline Telecom, IT and Field Tech Services, through a national network of technology partners, to small, medium and large business and government customers. The company focuses on the telecommunications core of Information Technology. AB&T claims to be one of the fastest-growing telecom master agencies in the business, attracting over 300 resellers nationwide with over 30 carriers, service providers and private label services. For additional information, visit abttelecom.com.
About Premier Resources International
PRI provides a comprehensive set of import and domestic sourcing management services that contribute to client success in global markets without investing resources in the creation of new sourcing relationships "from the ground up" and without incurring the risks that come with inexperience in China's emerging industrial economy. PRI's Shanghai office delivers component-level negotiations with factories, factory evaluation/qualification audits, product QA and QC. Services include Pacific Rim and domestic sourcing strategy development, end-to-end fulfillment functions, full import supply chain services, distribution, warehousing and product return management. PRI also manages Chinese government involvement at all factory levels.
PRI's implementation of its Speed Sourcing Solution, "S3", via the Solve (IT)2 platform, provides its clients with a powerful web-native information technology that supports tight integration and total visibility among factories, suppliers, and customers sourcing a variety of products on a global scale. PRI has a long-term agreement with Order Logistics to service all of its supply-chain technology and logistical needs. For more information, visit http://www.prispeedsource.com.
About Order Logistics, Inc.
Order Logistics, Inc., a wholly-owned subsidiary of Janel World Trade, Ltd. that is based in Champaign, Illinois, provides solutions that allow companies to more effectively discover, manage, and execute global supply chain strategies. The Order Logistics team, technology, strategies, solutions and dedicated transportation resources allow organizations to access world-class visibility, information and controls without disrupting existing plans, processes, partnerships and information systems. By leveraging technology, business solutions, operational expertise and a centralized capacity network of transportation providers to take advantage of logistical opportunities, Order Logistics provides end-to-end solutions to its customers. This allows each customer to better control its unique distribution network and utilize existing information systems to their full capacity. For additional information, visit www.orderlogistics.com.
About Janel World Trade, Ltd.
Janel World Trade, Ltd. is a global provider of integrated logistics services, including domestic and international freight forwarding via multi-modal carriers, customs brokerage, warehousing and distribution, and other transportation-related services. With offices throughout the U.S. (New York, Chicago, Los Angeles, and Atlanta) and the Far East (Hong Kong, Shanghai, and Shenzhen), the Company provides the comprehensive services necessary to handle its customers' shipping needs throughout the world. Cargo can be transported via air, sea or land, and Janel's national network of locations can manage the shipment and/or receipt of cargo into or out of any location in the United States. Janel is registered as an Ocean Transportation Intermediary and licensed as a NVOCC (non-vessel operating common carrier) by the Federal Maritime Commission.
Janel World Trade, Ltd.'s headquarters is located in Jamaica, New York, adjacent to the JFK International Airport, and its common stock is listed on the OTC Bulletin Board under the symbol "JLWT". Additional information on the Company is available on its website at www.janelgroup.net.
SOURCE: Janel World Trade, Ltd.