For Immediate Release:
Memphis, Tenn., June 6, 2016 – Green Mountain Technology (GMT), a leading provider of Parcel Spend Management solutions, has released “The Impact of Brand Strategy on Parcel Transportation: 2017 Annual Benchmark Report” to customers and survey participants.
In the first quarter of 2017, GMT in collaboration with Cleveland Research, completed the second Annual Benchmark Survey focused on emerging trends in retail brand strategy and impacts on order fulfillment and parcel transportation. The survey netted nearly 80 responses from some of the largest brands in the U.S. GMT began this research initiative to support customers with thought leadership content regarding the latest trends in the parcel industry.
A first look at the data was given during GMT’s 12th Annual Parcel Summit at the Peabody Hotel in Memphis, Tenn. on May 17-18. Attendance for the Parcel Summit nearly doubled in 2017 and included more than 100 executives from the largest retail, e-commerce, manufacturing and life sciences brands in the U.S. Data from the Benchmark was featured in several sessions and Summit attendees identified this as a key component of the Summit.
"What was most valuable was verifying the trends of our industry and seeing, discussing, and exchanging thoughts on how to most effectively respond in order to stay relevant in our market,” explained Summit attendee, Ray Shearer, Transportation Director at Thirty-One Gifts. "I would recommend the Parcel Summit to others."
Green Mountain Technology (GMT) partners with the world’s largest parcel shippers to plan, execute and monitor high volume parcel networks. Our Parcel Spend Management (PSM) solution simplifies network complexity, drives increased profitability, and enhances the customer experience through a suite of tech-enabled services. It starts with our best in class parcel audit and invoice automation, then leverages that data for advanced analytics, optimization, ongoing network improvement projects, and contract management. GMT’s highly engaged, strategic delivery model, unique network modeling and re-rating technology, and Fortune 500 customer base, uniquely positions GMT to deliver unparalleled value. Our customers represent more than $4 billion in parcel spend and typically experience 5-10X return, net of our fees. Our outcomes are proven by numerous customer honors including QVC's Supply Chain Partner of the Year and Office Depot's Partnership Award.