Wärtsilä and CEVA Logistics expand their coop...
Wärtsilä Corporation, Press release, 31 March 2009, at 9:00 am (EET)
CEVA will manage Wärtsilä's Central Distribution Centre in the
Netherlands.
Wärtsilä, a market leader in ship power and decentralised power plant
solutions and CEVA Logistics, one of the leading supply chain
companies in the world, have signed an agreement for the outsourcing
of warehousing operations for Wärtsilä's 24/7 global spare parts
activities in the Netherlands.
The agreement follows Wärtsilä's earlier announcement of its
intention to consolidate the company's spare parts logistics and to
build a Central Distribution Centre facility in the Netherlands. The
new operating model is planned to be fully implemented during 2011.
Until then, CEVA will already manage the existing Dutch warehouse of
Wärtsilä in Zwolle and will assist in the design of the new Central
Distribution Centre.
Since September 2008, CEVA Logistics has also been responsible for
managing spare parts transportation to Wärtsilä's various warehousing
facilities in Europe and deliveries to Wärtsilä's international
customers.
"Centralisation of our logistics activities with a specialised
partner like CEVA will result in faster and more efficient spare
parts deliveries to our customers 24 hours a day 7 days a week,"
comments Mr Tage Blomberg, Group Vice President, Wärtsilä Services.
"The set-up will perfectly support our growth targets in the fast
moving business environment to become the most valued business
partner of all our customers," adds Blomberg.
"CEVA is very pleased to expand our partnership with Wärtsilä," says
Mr Pierre Girardin, Managing Director of CEVA Logistics France,
Benelux & Nordics. "The operations excellence solutions we have
presented for Wärtsilä's operations have already been recognized in
October, when CEVA was granted the Lean and Green Award. For us, this
is a perfect example of how economics and sustainability come
together in logistic solutions. And now we believe that the
combination of transportation and warehousing management will
maximize even further CEVA's effort in achieving continuous
improvement for Wärtsilä and its customers".
For further information, please contact:
Wärtsilä Corporation
Tage Blomberg
Group Vice President
Wärtsilä Services
Tel: +358 10 709 2425
Eeva Kainulainen
VP, Global Communications
Tel: +358 40 568 0591
eeva.kainulainen@wartsila.com
CEVA Logistics
Bart Barel
Marketing & Communication Manager
Tel: +31 610 937 846
bart.barel@cevalogistics.com
Wärtsilä in brief
Wärtsilä enhances the business of its customers by providing them
with complete lifecycle power solutions. When creating better and
environmentally compatible technologies, Wärtsilä focuses on the
marine and energy markets with products and solutions as well as
services. Through innovative products and services, Wärtsilä sets out
to be the most valued business partner of all its customers. This is
achieved by the dedication of close to 19,000 professionals manning
160 locations in 70 countries around the world. In 2008, Wärtsilä's
net sales were EUR 4.6 billion. Wärtsilä is listed on the NASDAQ OMX
Helsinki in Finland. www.wartsila.com
CEVA Logistics in brief
CEVA Logistics is a leading global supply chain management company.
We provide end-to-end design, implementation and operational
solutions in contract logistics and freight management to large and
medium-sized national and multinational companies. CEVA employs
approximately 50,000 people and runs an extensive global network with
facilities in over 100 countries. For the year ending 31 December
2008, the Group reported revenues of EUR 6.3 billion. For more
information, please visit www.cevalogistics.com
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.