MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE: R), a leader in commercial fleet
management, dedicated
transportation, and supply
chain solutions, today announced its new partnership with TECSYS, an
industry-leading supply chain management software company.
Ryder's top-level supply chain solutions paired with TECSYS'
best-in-class technology will address the growing end-to-end supply
chain challenges facing those in the health systems market. By creating
a closed-loop system between suppliers, manufacturers, healthcare
systems, and patients, Ryder’s full-suite of services help reduce
inventory levels, increase order accuracy, and improve order cycle
times, resulting in lower costs while improving speed-to-patient.
“We are committed to providing innovative technology and solutions to
our customers, and our partnership with TECSYS is a great way of
delivering on that promise,” said Norm Brouillette, Supply Chain
Solutions Vice President and General Manager, Ryder. “The healthcare
industry is one with some of the most time-sensitive needs, which is why
it's so important to work with a supply chain management software
company like TECSYS that can ensure patients' needs are always met.”
TECSYS’ health system-specific software solutions ensure that health
systems operate a transparent, efficient, and optimized supply chain
network, through to point-of-care. Clinicians are able to dedicate their
time to patient care, while TECSYS' behind-the-scenes solutions ensure
efficient and on-time delivery of supplies for patient-centric care.
"Ryder brings a high level of expertise and extensive execution
abilities in the overall supply chain management industry specifically
in healthcare,” said Peter Brereton, President and CEO, TECSYS. “The
combined offering will provide health systems with an unequivocal choice
in addressing their cost cutting and quality of care challenges.”
To learn more about Ryder’s solutions for the healthcare industry, visit https://ryder.com/industries/healthcare.
About Ryder
Ryder is a FORTUNE 500® commercial fleet management, dedicated
transportation, and supply chain solutions company. Ryder’s stock
(NYSE:R) is a component of the Dow Jones Transportation Average and the
S&P MidCap 400® index. Ryder has been named among FORTUNE’s
World’s Most Admired Companies, and has been recognized for its
industry-leading practices in third-party logistics,
environmentally-friendly fleet and supply chain solutions, and
world-class safety and security programs. The Company is a proud member
of the American Red Cross Disaster Responder Program, supporting
national and local disaster preparedness and response efforts. For more
information, visit www.ryder.com,
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and YouTube.
About TECSYS
TECSYS provides transformative supply chain solutions that equip our
customers to succeed in a rapidly-changing omni-channel world. TECSYS
solutions are built on a true enterprise supply chain platform, and
include warehouse
management, distribution
and transportation
management, supply management at point-of-use, as well as complete
financial management and analytics solutions. Customers running on
TECSYS' Supply
Chain Platform are confident knowing they can execute, day in and
day out, regardless of business fluctuations or changes in technology,
they can adapt and scale to any business need or size, and they can
expand and collaborate with customers, suppliers and partners as one
borderless enterprise. From demand planning to demand fulfillment,
TECSYS puts power into the hands of both front line workers and back
office planners, and unshackles business leaders so they can see and
manage their supply chains like never before.
TECSYS is the market leader in supply chain solutions for health
systems and hospitals. Over 600 mid-size and Fortune 1000 customers
trust their supply chains to TECSYS in the healthcare, service
parts, third-party
logistics, and general wholesale high-volume distribution
industries. TECSYS' shares are listed on the Toronto Stock Exchange
under the ticker symbol TCS.
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170822005203/en/
Source: Ryder System, Inc.