ARCO Selects Circle For Major Global Logistics Contract.SAN FRANCISCO--(BUSINESS WIRE)--May 20, 1999-- Company Wins Multi-Year Deal for Integrated Supply Chain Management Services Including Air and Ocean Freight, Customs Brokerage and Logistics Circle International (Nasdaq:CRCL CRCL Creatinine Clearance CRCL Circle CRCL Coalition to Restore Coastal Louisiana CRCL Center for Research in Computational Linguistics CRCL Columbia River Conservation League ) has been selected by The Atlantic Richfield Company (ARCO ar·co adv. & adj. Music With a bow. Used chiefly as a direction to indicate the resumption of bowing after a pizzicato passage. Adj. 1. ) for a multi-year contract in which Circle will provide full-service integrated global transportation and logistics for ARCO's upstream international oil and gas exploration and production operations. Under the contract, Circle will manage the expediting, receiving, staging and movement of exploration and production materials and equipment, to ARCO field operations in Algeria, China, Indonesia and multiple exploration sites around the world. Imports of geological samples will also be managed by Circle. Circle won ARCO's endorsement as its primary global logistics partner based on the company's experience and energy industry expertise, IT systems strength, understanding of ARCO's business and logistics issues, and ease of implementation, noted John Howard For other persons of the same name, see John Howard (disambiguation). John Winston Howard (born 26 July 1939) is an Australian politician and the 25th Prime Minister of Australia. , ARCO's director of worldwide procurement and logistics operations. "Circle showed persistence, responsiveness and excellent 'outside the box' thinking," Howard said. "They delivered innovative ideas backed by action. Their new vision and their commitment to continuous improvement provided a superior solution that complemented and supported our business objectives." ARCO evaluated more than 25 proposals, selecting Circle from a short list of six global logistics providers. The award represents a new account for Circle that will generate some 4 million kilos of ocean freight, and 750,000 kilos of air freight air freight n → flete m por avión air freight n → fret aérien air freight air n → Luftfracht f annually, as well as customs brokerage and logistics services revenues. The program established for ARCO calls for Circle to provide integrated supplier order management and door-to-door transportation service, with Circle directing the daily flow of goods from ARCO's more than 500 suppliers throughout its logistics pipeline worldwide. Circle receives purchase order information electronically from ARCO, then works directly with the supplier to verify and schedule product release; receive it at the company's Houston logistics center; inspect, pack and crate; build consolidations of multiple vendor orders for field production and exploration sites; select the appropriate transportation mode; and then manage the transportation cycle to delivery. Circle's information systems utilize the MEPAW MEPAW Material Export Packing and Warehousing warehouse and logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet software, which is purpose-designed for the oil and gas industry, and associated bar-coding technology that is a recognized best practice, Howard noted. The solution provides ARCO with superior data and logistics process control management as well as full visibility throughout the supply chain. Daily Electronic Data Interchange See EDI. (application, communications) electronic data interchange - (EDI) The exchange of standardised document forms between computer systems for business use. EDI is part of electronic commerce. (EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. ) transmissions update ARCO's computers with purchase order status and transit performance data. Howard also cited Circle's expertise in project work for the energy industry, as well as its "specialty" group dedicated to this field, as competitive advantages. "Circle's knowledge of the industry and global network matched up well with our worldwide production and exploration operations," noted Howard, with Circle's centers in Houston, as well as Lyon and Marseilles Marseilles (märsā`), Fr. Marseille, city (1990 pop. 807,726), capital of Bouches-du-Rhône dept., SE France, on the Gulf of Lions, an arm of the Mediterranean Sea. , France being key staging locations. "All of Circle's key strengths and core competencies were represented in this proposal," said David I David I, king of Scotland David I, 1084–1153, king of Scotland (1124–53), youngest son of Malcolm III and St. Margaret of Scotland. During the reign of his brother Alexander I, whom he succeeded, David was earl of Cumbria, ruling S of the Clyde . Beatson, the company's chairman, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Our business is one of listening to the customer and then providing integrated logistics programs that create value and efficiency. I'm pleased to see our increased emphasis on the customer, IT solutions and expanding focus on sales beginning to pay dividends." Circle's program started this month with service for ARCO's production operations in Algeria, with other global lanes and countries rolling into the program as part of a scheduled implementation plan over the next several months. About Circle Circle International Group, Inc. (Nasdaq:CRCL) celebrated its 100th anniversary in 1998. Today, with annual revenues of $738 million, more than 4,600 employees and 323 offices in over 100 countries, Circle provides worldwide transportation and logistics services that include air and ocean freight forwarding, customs brokerage, materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, , trade procurement, warehousing and inventory control programs, and global supply chain management services. More information about San Francisco-based Circle is available at www.circleintl.com. |
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