Management Dynamics Inc

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Management Dynamics, Inc. is a privately-owned software company, founded in 1990, that specializes in Global Trade Management software for importers, exporters, and third-party logistics service providers, and is based in East Rutherford, New Jersey.

Solutions offered include on-demand software for automating import and export processes, providing order and shipment visibility, calculating tariffs, duties, and taxes, ensuring regulatory compliance, and simplyfing the financing, sourcing, and transporting of goods across international borders[1]

Management Dynamics was founded in 1990 by John and James Preuninger. The company currently has 13,000 global users in a variety of industries, including 3PLs, ocean carriers, brokers, manufacturers, retailers, and high technology companies.[2] Management Dynamics is headquartered in East Rutherford, New Jersey and has offices in Rockville, Maryland; Cary, North Carolina; Chertsey, United Kingdom; Bangalore, India; and Dusseldorf, Germany.[3]

Management Dynamics
Type Private
Founded 1990
Headquarters East Rutherford, New Jersey, USA
Key people James Preuninger, CEO
John Preuninger, President and COO
Industry Supply Chain Management
Enterprise Software
Website www.ManagementDynamics.com


Contents

[edit] Products and services


[edit] History

Management Dynamics was founded in 1990 by James Preuninger, who maintains his role as CEO of the company. Prior to founding Management Dynamics, James Preuninger founded an ERP and Supply Chain Management VAR and developed an automated tariff management system for the containerized transportation space. In 1999, developed the first fully automated contract management system for carriers, shippers, and logistics service providers. Mr. James Preuninger holds a Bachelor's degree in Computer Science from Drexel University. [4]

James' brother, John Preuninger, is the President and Chief Operating Officer of Management Dynamics. For the past 14 years, John has managed the sales, research and development, and service organizations for Management Dynamics. Previously, John was a strategy consultant at Monitor Company advising multi-national corporations on business strategy and execution. John has a Master's degree in Business Administration from Harvard Business School, and a Bachelor's degree in Business Administration from Drexel University.[4]

[edit] Acquisitions

In 2005, Management Dynamics acquired NextLinx Corporation, a developer of international trade compliance technology and content. The acquisition resulted in a comprehensive portfolio of enterprise software and on-demand services to plan, optimise and execute global trade operations. Beth Enslow, VP Enterprise Research of Aberdeen Group, a business research firm, states that at the time, "Terms for the acquisition were not disclosed; however, Management Dynamics reported the purchase price as being 50% larger as measured by revenue. Management Dynamics is retaining all NextLinx employees, bringing the total staff count up to around 350. With the acquisition, the company now has about 300 customers, including Boeing, Cisco Systems, UPS, Panasonic, Rockwell Automation, and VF Corporation." [5]

Founded in 1994, NextLinx was an established contender in this space with its enterprise software and integrated content solutions for Global 1000 enterprises. Enslow also notes, "Unlike many trade compliance competitors, the company also collects and maintains its own trade content with 100 company-employed trade analysts, plus a network of 280 in-country sources (agents), and 200 data entry operators and translators (contractors)."[5] At the time, NextLinx had over 70 customers worldwide. According to Logistics Today magazine, "Combining solutions from Nextlinx and Management Dynamics, their suite of GTM solutions now provides a unified technology platform that automates import, export, and trade agreement processes, optimises global transportation and inventory costs, and ensures that a company’s cross-border transactions are in compliance with government regulations. The acquisition will consolidate two global trade management solutions onto one platform." [6]

[edit] Partnerships

Management Dynamics has formed a strategic partnership with JDA Software Group, Inc to help companies get the most out of their globalization strategies.[7] The partnership's main goal is to link JDA's transportation and logistics management software to Management Dynamics' Global Trade Software suite. This will create an integrated solution for both trade compliance and international logistics. As noted by Dwight Klappich, a VP with reasearch firm Gartner, "Traditionally, international logistics and trade compliance have been independent stove-pipes within global enterprises. This is no longer acceptable. Innovative organizations are now looking to integrate these processes and supporting technologies to more effectively exploit globalization." [7]

[edit] See also

[edit] References

  1. ^ Management Dynamics Company Information
  2. ^ Corporate Brochure
  3. ^ Company Contact Information
  4. ^ a b Management Team
  5. ^ a b Enlsow, Beth. "Management Dynamics Buys NextLinx to Expand Global Trade Functionality", Aberdeen Group, October 24th, 2005. Retrieved on 2008-02-12. 
  6. ^ LT Staff. "Management Dynamics acquires NextLinx", Logistics Today, October 31, 2005. Retrieved on 2008-02-12. 
  7. ^ a b Manufacturing Business Technology. "Global response: Vendor alliance blends logistics and trade management capabilities", Manufacturing Business Technology, February 20, 2008. Retrieved on 2008-03-18. 

[edit] External links