YRC Worldwide Inc. announced today that the company has ranked 62 on the 2009 InformationWeek 500, an annual listing of the nation's most innovative users of business technology. The 2009 InformationWeek 500 companies were revealed on September 14, 2009 at an awards ceremony held during the InformationWeek 500 Conference at the St. Regis Monarch Beach Resort in Dana Point, California.
"This award is an affirmation of our continued steps to develop and advance technology that enables our employees to excel and better service our customers," said Mike Naatz, Chief Information Officer, YRC Worldwide. "It is a pleasure and honor to be acknowledged by InformationWeek again this year for our continual innovation in providing technology solutions for the transportation and supply chain industries."
YRC Worldwide Technologies was recognized by InformationWeek for its new application, the Pricing and Activity Management System (PAMS). YRC Worldwide IT, Pricing and Sales teams collaborated to develop this ground-breaking new application. YRC Worldwide was determined to cut the waiting time for customers requesting a pricing bid. YRC Worldwide wanted to retire the legacy systems used by Roadway and Yellow (now YRC). With PAMS, YRC has the ability to respond to bid requests promptly, with customized pricing agreements. In its first four months of full deployment, PAMS drove a reduction of 25% in the closure rate of pricing requests. YRC now completes most simple pricing requests in a day.
"For over 20 years, the InformationWeek 500 has honored the most innovative users of business technology," said InformationWeek Editor-in-Chief Rob Preston. "Year after year, InformationWeek 500 companies harness technology to improve efficiency, boost productivity, drive revenue, and establish a competitive advantage. We applaud this year's winners, and the CIOs and other executives whose ingenuity and risk taking are at the center of business technology innovation."