East Rutherford, NJ, January 10, 2008 -- Management Dynamics Inc., a leading provider of global trade management solutions, today announced the release of Freight Bill Management, a freight audit solution that helps shippers and logistics companies establish financial control by identifying and generating significant savings each year by eliminating freight bill overcharges. The solution fully automates all contract terms and uses a powerful rating engine to accurately audit bill-of-lading for both air and ocean transportation, including domestic routes. Supported by a team of contract analysts, the solution identifies rating discrepancies and provides tools to quickly resolve bill issues with carriers.

According to a survey of over 200 companies by the Aberdeen Group, international transportation costs are the most difficult to contain and less than 10% of respondents are able to reduce year-over-year international freight spend. With international transportation as a percent of revenue growing from less than 2% of sales to 6% or more of sales, global companies including leading apparel manufacturer, Perry Ellis, have implemented Management Dynamics’ Freight Bill Management to better control freight spend.

“Armed with a comprehensive discrepancy report, we immediately identified and resolved over $220,000 in bill-of-lading overcharges across fourteen ocean carrier service contracts,” said Marvin Leto, Vice President Corporate Logistics, Perry Ellis. “Management Dynamics has the only solution on the market that performs audits on bottom-line calculations before the shipment arrives. We are extremely impressed with Management Dynamics’ depth of expertise and commitment to our business.”

“Companies believe they can save an average of 8.8% on their overall freight budget through, among other things, improving their freight bill audit and payment capability,” according to Ian Hobkirk, Senior Analyst with Aberdeen’s Supply Chain Execution practice. “Top companies are focused on ‘closed loop’ transportation spend management as a means of lower freight spend. Automated handling of freight bills is an integral part of that process.”

Management Dynamics’ Freight Bill Management solution simplifies the complexity of carrier service contracts with business rules and links contracts with the carriers governing rules tariffs to calculate – for any time period – the total bottom-line cost of a transaction including all surcharges. As bills-of-lading are received, the solution conducts a rate search of each shipment to verify that the proper rate is used along with all assessorial charges to ensure that overcharges are promptly acknowledged and resolved with the carrier.

“Leading global organizations have significantly reduced transportation spend by gaining control over skyrocketing freight overcharges with Freight Bill Management,” said John Preuninger, President of Management Dynamics. “The combination of advanced technology and expert advice offers a higher level of automation and cost savings than any other alternative service on the market today.”