Ryder Named to the Supply & Demand Chain Executive 100
MIAMI, FL, May 24, 2010 (MARKETWIRE via COMTEX) --Supply & Demand Chain Executive magazine, the executive's user manual for successful supply and demand chain transformation, has named Ryder System, Inc. (NYSE: R) to its ninth annual listing of the Supply & Demand Chain Executive 100.
The 2010 Supply & Demand Chain Executive 100 are supply chain solution and service providers that are assisting their customers and clients achieve supply chain excellence and prepare their supply chains for the post-recessionary return to growth.
Ryder was selected based on a suite of solutions that provides the necessary visibility, efficiency, and flexibility to meet the challenges of a post-recession supply chain. The Ryder Control Tower is a solution that improves shipment visibility and facilitates a demand-driven supply chain, reducing inventory inefficiencies; Ryder's Total Landed Cost Analysis helps customers make robust long-term sourcing decisions; and the Ryder Lean Warehouse Template ensures efficient warehousing practices that improve inventory accuracy and minimize waste. In addition, the flexibility of Ryder's extensive network of operations centers, distribution centers, and scalable IT, its large carrier base, and its value-stream mapping expertise are all resources that can be leveraged to help companies deal with changes in a recovering economic environment.
"Shippers need to know how to navigate the uncertainty that comes with changing economic conditions," said John Williford, President of Global Supply Chain Solutions. "That requires strong forecasting and planning capabilities and flexibility in their networks to be able to adapt to different scenarios. Ryder has the technology, infrastructure, and expertise to provide customers with the kind of agile support that can be adjusted according to their needs."
Ryder and final recipients are featured in the cover story of the May/June 2010 issue of Supply & Demand Chain Executive, as well as online at www.SDCExec.com/SDCE100.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.SDCExec.com.
Ryder is a FORTUNE 500(R) commercial transportation, logistics and supply chain management solutions company. Ryder's stock (NYSE: R) is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. For more information on Ryder System, Inc., visit www.ryder.com.
Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
For Information, contact:
Marilu Del Toro
SOURCE: Ryder System, Inc.