INVISTA Selects GT Nexus

Fiber and polymer maker INVISTA selected GT Nexus to provide a Web-based global freight spend management platform.

The subsidiary of Koch Industries ships products to more than 20 countries. INVISTA will use the GT Nexus Portal to procure transport services and manage shipping rates for its global network of ocean carriers.

“We move thousands of containers every month,” said Kevin Steinke, North America manager of international commerce at INVISTA. “We needed a proven technology solution to help us capture and manage rates that are constantly changing with the market. GT Nexus combined the right mix of capabilities with a Web-based delivery model that proved to be very compelling for us.”

GT Nexus will serve as the central online hub for INVISTA ocean transportation rate information and contract terms. Users access a common standardized database of information through a Web browser. Ocean carriers have secure access to their INVISTA contracts to manage amendments and keep information updated.