April 01, 2010


OOCL Logistics launches eCommercial Invoice

OOCL Logistics has demonstrated its leadership in information technology and innovative solutions with the launch of eCommercial Invoice, a new product offered to OOCL Logistics customers. eCommercial Invoice is one of a range of new products which will be launched in the first quarter of 2010, showcasing OOCL Logistics’ strengths in vendor management.

eCommercial Invoice gathers invoice data electronically from global suppliers. It generates documents and delivers them with the data to customers - online, via email or EDI. eCommercial Invoice also provides structured data for auditing and tracing, enables rapid access and retrieval of invoices.

eCommercial Invoice is stored online in PODIUM® for supplier and customer access, and OOCL Logistics monitors and manages the vendor process to ensure timely collection.  

eCommercial Invoice offers the following advantages to suppliers:

-         Increases customer satisfaction

-         Enhances invoice quality and consistency

-         Minimizes disputes associated with paper invoices

-         Speeds up payments and enhances accuracy

eCommercial Invoice offers the following advantages to importers:

-         Shorter invoice processing time

-         Saves paper – environmentally friendly

-         Reduces administration effort and operating expenses in sorting, matching, filing and data entry

-         Speeds up data delivery to customs/CHB by integrating order, shipment and invoice data into ASN

 “This product offers OOCL Logistics customers a unique advantage in their supply chain,” said Mr Ming Tsang, Managing Director, Corporate Sales and Customer Service of OOCL Logistics. ”With the advantage of OOCL’s unique VendorPodium and MyPodium systems, eCommercial Invoice can offer accuracy, reduce costs and increase customer satisfaction.”

Mr Tsang added that having an electronic commercial invoice is beneficial because it ensures timely collection of invoice data and documents. It also saves costs and minimizes administration overload. 

“With other VendorPodium capabilities in purchase order communication and work in progress tracking, as well as shipment booking; vendor management now becomes more reliable, extensive and easy. Global vendor management and full control now become a reality,” said Mr Tsang. 

eCommercial Invoice is a PODIUM® product.

OOCL Logistics Ltd. is a wholly-owned subsidiary of Hong Kong Stock Exchange listed Orient Overseas (International) Ltd. OOCL Logistics is an international supply-chain management and logistics service provider with a network of 72 offices in 28 countries in North America, Europe and Asia. OOCL Logistics offers a comprehensive set of sophisticated physical, information and management solutions to serve the diverse supply chain needs of customers around the world, and provides a full range of logistics and distribution services throughout China. OOCL Logistics is an industry leader in supply chain information technology. Website: http://www.oocllogistics.com