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 commercial transportation and
supply chain management solutions, today announced it has been selected
for the 2014 Supply & Demand Chain Executive 100, an awards program by Supply
& Demand Chain Executive magazine that features the year’s “100
Great Supply Chain Projects.” 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 enabling a customer in the commercial vehicle
products industry to increase efficiency at a time of rapid growth.
“Our solution gave the customer much needed visibility into its returned
goods, allowing the company to optimize its transportation route
engineering, global logistics, and on-site freight management,” said
Dick Jennings, Senior Vice President of Operations for Ryder Supply
Chain Solutions. “Today, the customer is more connected with its supply
chain partners and even more strategically positioned to deliver
outstanding customer service. With new levels of intelligence,
efficiency, and automation, the customer is better able to anticipate,
control, and react to volatility in the supply chain.”
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.
“The 2014 Supply & Demand Chain Executive 100 are supply chain solution
and service providers that are helping their customers and clients
achieve supply chain excellence,” said Barry Hochfelder, Editor of
Supply & Demand Chain Executive. “They have produced measurable gains in
ROI through cost-cutting and increased efficiency, whether in warehouse,
transportation, procurement sourcing or any other category in the
end-to-end supply chain.”
The complete listing of the 2014 Supply & Demand Chain Executive 100
award winners is available at www.SDCExec.com.
Extended coverage of the SDCE100 will appear in the June 2014 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 green supply chain partner.
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
and follow us on Facebook,
YouTube,
and Twitter.
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.