CDM Software Solutions, Inc. Market Research Report

Background

Company Overview

CDM Software Solutions, Inc., established in 1988, is a leading provider of software solutions tailored for the international logistics industry. The company specializes in freight forwarding, NVOCC operations, export packing, warehousing, and import/export management. Headquartered in The Woodlands, Texas, CDM Software Solutions has expanded its global presence with offices in Newport Beach, California; Miami, Florida; Cupertino, California; Scottsdale, Arizona; Hong Kong; and London. Operational data service centers are strategically located in Santa Clara, California; Dallas, Texas; Chicago, Illinois; and Ashburn, Virginia.

Mission and Vision

CDM Software Solutions is committed to providing dynamic and flexible global logistics software solutions that meet the diverse requirements of the global freight forwarding industry. The company's mission is to deliver efficient solutions that maximize customer service and shipment visibility, thereby enhancing the profitability and growth of international trade companies.

Industry Significance

With over three decades of experience, CDM Software Solutions has established itself as a trusted partner for freight forwarders, NVOCCs, export packing companies, warehouses, exporters, importers, and logistics firms. The company's software suite addresses critical aspects of international trade, including compliance, shipment tracking, and operational efficiency, thereby playing a pivotal role in the logistics and supply chain management sector.

Key Strategic Focus

Core Objectives

CDM Software Solutions aims to enhance the efficiency and profitability of its clients by providing comprehensive software solutions that streamline logistics operations, ensure compliance with international trade regulations, and offer real-time visibility into supply chain activities.

Areas of Specialization

Freight Forwarding Operations: Managing the complexities of international shipping, including documentation, compliance, and tracking.

NVOCC Operations: Handling non-vessel operating common carrier activities, including booking, documentation, and compliance.

Export Packing and Material Management: Utilizing IoT, RFID/barcode scanning, and GPS geolocation services for efficient export packing and material tracking.

Warehouse Management: Implementing RFID/barcode scanning, GPS geolocation, and image/signature capture for effective warehouse operations.

Purchase Order Management: Integrating with ERP systems like Oracle and SAP for seamless purchase order processing.

Key Technologies Utilized

IoT Integration: Enhancing asset tracking and monitoring through Internet of Things devices.

RFID/Barcode Scanning: Improving inventory management and shipment tracking accuracy.

GPS Geolocation Services: Providing real-time location data for shipments and assets.

Image and Signature Capture: Facilitating documentation and proof of delivery processes.

ERP System Integration: Ensuring seamless data flow between CDM Software Solutions and leading ERP systems.

Primary Markets Targeted

CDM Software Solutions serves a diverse clientele, including freight forwarders, NVOCCs, export packing companies, warehouses, exporters, importers, and logistics firms operating in the international trade sector. The company's solutions are designed to meet the needs of businesses engaged in global logistics and supply chain management.

Financials and Funding

Funding History

As a privately held company, CDM Software Solutions has not publicly disclosed detailed funding history or financial statements. The company operates with an estimated annual revenue between $10 million and $25 million, reflecting its established presence in the logistics software market.

Recent Developments

In December 2020, CDM Software Solutions announced a strategic partnership with Roanoke Insurance Group, aiming to integrate cargo insurance services into its logistics software platform. This collaboration seeks to simplify the data entry experience for clients by combining CDM's logistics software with Roanoke's insurance platform.

Pipeline Development

Key Pipeline Candidates

CDM Software Solutions continues to enhance its product offerings by integrating advanced technologies and expanding its compliance capabilities. The company has developed solutions such as CDM Web Freight®, which supports multiple operating systems on computers and mobile devices, and CDM Asset Tracking®, which integrates with major ERP systems. These developments aim to provide clients with more accessible and efficient logistics management tools.

Technological Platform and Innovation

Proprietary Technologies

CDM Web Freight®: A web-based platform that offers comprehensive freight forwarding operations, including air, ocean, export, and import management, document management, global shipment compliance, and tracking.

CDM Asset Tracking®: A solution that runs on Windows, Apple iOS, and Android platforms, integrating with major ERP systems to provide real-time asset tracking and management.

Significant Scientific Methods

CDM Software Solutions employs advanced technologies such as IoT, RFID/barcode scanning, GPS geolocation, and image/signature capture to enhance logistics operations. These technologies enable real-time tracking, efficient inventory management, and improved compliance with international trade regulations.

Leadership Team

Key Executives

Darrell Ortiz: Founder & CEO. Darrell founded CDM Software Solutions in 1988 while attending the University of Texas at Austin. Under his leadership, the company has grown to become a leading provider of logistics software solutions.

Joshua White: Marketing Specialist. Joshua plays a key role in promoting CDM Software Solutions' products and services, ensuring effective communication with clients and stakeholders.

Leadership Changes

As of the latest available information, there have been no significant changes or appointments within the company's leadership.

Competitor Profile

Market Insights and Dynamics

The logistics software market is characterized by rapid technological advancements and increasing demand for integrated solutions that offer real-time visibility and compliance with international trade regulations. Companies are seeking software solutions that can streamline operations, enhance customer service, and improve profitability.

Competitor Analysis

CDM Software Solutions faces competition from various companies offering logistics and supply chain management software. Notable competitors include:

InXpress International: Specializes in global shipping solutions, offering a range of services to streamline logistics operations.

Cooper Consolidated: Provides logistics and supply chain management services, focusing on efficient and cost-effective solutions.

TOC Logistics International: Offers comprehensive logistics services, including freight forwarding and supply chain management.

Strategic Collaborations and Partnerships

The partnership with Roanoke Insurance Group is a significant collaboration that integrates cargo insurance services into CDM Software Solutions' platform, enhancing the value proposition for clients.

Operational Insights

Strategic Considerations

CDM Software Solutions' strategic focus on integrating advanced technologies and expanding compliance capabilities positions the company to meet the evolving needs of the logistics industry. The partnership with Roanoke Insurance Group further strengthens its market position by offering comprehensive solutions that address both logistics and insurance requirements.

Strategic Opportunities and Future Directions

Roadmap and Expansion

CDM Software Solutions plans to continue enhancing its product offerings by integrating emerging technologies and expanding its compliance capabilities. The company aims to increase its market share by 10% to 20% in the next few years, leveraging its innovative solutions and strategic partnerships.