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,” saidSteve 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.
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 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.