Best-in-Class Execution Wins Ryder Spot in Top 100 Supply Chain
Projects List
MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE: R), a leader in transportation and supply
chain management solutions, today announced it has been chosen for the
2012 Supply & Demand Chain Executive 100, an awards program by Supply
& Demand Chain Executive magazine that features the year’s “100
Great Supply Chain Projects.”
Supply & Demand Chain Executive announced its first 100 list
of supply chain providers, consultants, and other organizations
transforming companies’ supply and demand chains 11 years ago. This
year, the magazine focused the criteria for its “100” feature on supply
chain transformation projects that have had a significant impact on the
companies going through the implementations.
Ryder was recognized for a reverse logistics operation it developed and
executed for a global consumer electronics company. “Our solution gave
the customer much needed visibility into its returned goods, allowing
the company to refurbish, reuse, and resell nearly 80 percent of its
returned goods,” said
Steve Sensing
, Vice President of Hi-Tech, Ryder
Supply Chain Solutions. “We are proud to have been recognized for the
value we bring to companies with our operational expertise and
best-in-class execution.”
Through an online submission process, Supply & Demand Chain Executive
collected information on supply chain transformation projects. The
submissions were evaluated by the magazine's editorial staff primarily
based on: ambitiousness/scope of the project; creative application of
technologies/solutions/services used; extent of the business
results/impact; and clarity of submission.
“Our goal with this year’s 100 is to put the spotlight on successful and
innovative transformation projects that are delivering bottom-line value
to small, medium, and large enterprises across different functions that
comprise the supply chain,” said
Barry Hochfelder
, Editor of Supply &
Demand Chain Executive. “The projects featured in the ‘100’ article
can serve as a roadmap for supply chain executives looking for new
opportunities to drive improvement in their own operations.”
The complete listing of the 2012 Supply & Demand Chain Executive 100
award winners is available at www.SDCExec.com.
Extended coverage of the SDCE100 will appear in the June 2012 issue of Supply
& Demand Chain Executive magazine and online thereafter.
About Ryder
Ryder is a FORTUNE 500® 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. Inbound Logistics magazine has recognized Ryder
as a top third party logistics provider and included Ryder in its 2011
and 2010 “Green Partners” listing. Ryder has also been ranked two years
in a row as one of the top 250 U.S. companies in the Newsweek
Green Rankings. In addition, Security Magazine has named Ryder
one of the top companies for security practices in the transportation,
logistics, supply chain, and warehousing sector. Ryder is a proud member
of the American Red Cross Annual Disaster Giving Program, supporting
national and local disaster preparedness and response efforts. For more
information, visit www.ryder.com
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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. Visit Supply & Demand Chain Executive
on the Web at www.SDCExec.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.
Source: Ryder System, Inc.