The Descartes Systems Group Inc., a leading provider of global Internet logistics solutions, announced today that UK-based Internet grocer LM Solutions has become the first in Europe to select Descartes’ complete DeliveryNet solution for home delivery and consumer direct. The complete solution includes Descartes’ e-Frame™ Internet logistics infrastructure, dynamic routing and scheduling solutions, and mobile applications. With access to the complete solutions portfolio, LM Solutions will offer its online shoppers reliable, on-time deliveries at delivery times scheduled by the customer at the point of order.
“Descartes’ complete DeliveryNet solution for home delivery is a vital foundation for achieving higher customer service levels and fulfilling our value proposition for our customers – it will enable LM Solutions to provide an online grocery retail service that is unsurpassed in quality and customer service in Europe,” said Tim Steiner, CEO of LM Solutions. “We will be truly ground-breaking in our approach and will rapidly deploy the solution to be first-to-market in the UK with the complete solution.”
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“We are absolutely delighted to be working with Descartes – their Internet logistics technology will ensure that we deliver goods to peoples’ homes on time and at their convenience,” said Jason Gissing, CFO at LM Solutions. “Descartes is a true market leader in providing technology for home delivery and the most advanced player in this market. LM Solutions is building this grocery business from scratch and we want to work with the very best people in every field: We have found that Descartes’ knowledge, experience and expertise is unparalleled.”
“Descartes’ DeliveryNet solution for home delivery and consumer direct continues to attract attention from online retailers both in North America and abroad,” said Aivars Lode, President at Descartes. “As the first Internet grocer to license the complete solutions portfolio in Europe, LM Solutions will be able to achieve rapid time-to-market, offering the highest level of customer service and home delivery reliability to Internet grocery shoppers that is unsurpassed in the UK.”
Descartes is the leading provider of home delivery software solutions for e-fulfilment, with a list of e-commerce customers worldwide. Descartes’ DeliveryNet solution for home delivery and consumer direct operations lets companies conquer the last mile of the supply chain – delivering goods and services to the consumer’s home in a time-definite and profitable manner. The complete DeliveryNet solution for home delivery combines mobile applications, wireless technology, dynamic street-level route optimisation, supplier visibility, and innovative Web-based customer self-scheduling, enabling companies to manage their delivery operations from the point of order all the way to the customer’s doorstep.
About LM Solutions
LM Solutions was founded by three ex-Goldman Sachs directors: Jonathan Faiman, Jason Gissing, and Tim Steiner. It intends to become a leading on-line food retailer in both the UK and the rest of Europe. Nigel Robertson and Roger Whiteside, the former heads of the Marks and Spencer Food Business are joint MDs and Robert Gorrie, a 20 year veteran of Christian Salveson and Transport Development Group, is the Head of Logistics. LM currently has two non-executive directors: Dr Tom Clayton, formerly the Head of Food Technology at Marks and Spencer and the architect of their highly-rated pre-prepared food range for 29 years, and Jez Frampton, a director of Interbrand, the world’s largest branding agency. LM Solutions will start operations in 2001.
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By GlobalData About Descartes
Descartes is a leading provider of end-to-end logistics solutions that facilitate B2B e-commerce. Descartes’ e-fulfilment software and exchange solutions enable companies to create high-speed, high-performance fulfilment networks called DeliveryNets. DeliveryNet solutions empower organisations to deliver reliable, responsive customer service in a profitable manner and to create innovative new products and services.
DeliveryNet solutions leverage the Internet-based Global Logistics Network, an open, worldwide network of shippers, receivers, carriers, logistics service providers, e-marketplaces, vertical portals, and transportation exchanges. The result is a global e-fulfilment information infrastructure that provides cost savings and revenue opportunities for businesses that need to manage physical product movement.
Descartes products are licensed today by more than 850 companies in 35 vertical industries in over 50 countries worldwide. For more information about Descartes, visit www.descartes.com.
All registered and unregistered trademarks mentioned in this release are the property of their respective owners.
This release contains statements that may relate to expected revenue from and transaction volume of Descartes customers, performance of Descartes’ DeliveryNet solutions, market dynamics and other matters that may constitute forward-looking statements that involve risks and uncertainties. The Company’s actual results may differ from the results discussed in the forward-looking statements as a result of factors discussed in the section entitled, “Risk Factors” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada.
