Albemarle Selects ShipChem for Comprehensive Logistics and Transportation Services Evaluation.Business Editors & Transportation Writers ATLANTA--(BUSINESS WIRE)--Feb. 12, 2001 Review to Help Albemarle Albemarle, city, United States Albemarle, city (1990 pop. 14,939), seat of Stanly co., central N.C., in the Piedmont region; inc. 1857. A marketing center in an agricultural area of cotton, grain, poultry, soybeans, and livestock, Albemarle also produces Provide Better Customer Service, Improve Supply Chain Efficiencies ShipChem, the global leader in comprehensive 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 solutions for chemical and plastics companies, today announced an agreement with Albemarle Corporation Albemarle Corporation is chemical company with corporate headquarters in Richmond, Virginia and operation headquarters in Baton Rouge, Louisiana. It is a globally recognized specialty chemical manufacturing enterprise. , a global supplier of specialty and fine chemicals, to conduct a comprehensive evaluation of Albemarle's logistics and transportation services. The evaluation is part of Albemarle's ongoing commitment to serve as a market leader by improving its supply chain efficiencies and providing better service to its customers. "Our eBusiness See e-business. strategy is centered around improving the overall customer experience with Albemarle," said Mary Kay Mary Kay is a brand of skin care and color cosmetics sold by Mary Kay Inc. Mary Kay World Headquarters is located in the Dallas suburb of Addison, Texas. Mary Kay Ash (d. November 22, 2001) founded Mary Kay Inc. on Friday, September 13, 1963. Devillier, director of eBusiness and Information Resources (1) The data and information assets of an organization, department or unit. See data administration. (2) Another name for the Information Systems (IS) or Information Technology (IT) department. See IT. at Albemarle. "Optimal performance of the entire supply chain is a critical component, and we believe that ShipChem's global expertise will benefit our efforts to evaluate and work on opportunities that arise." George George, river, c.345 mi (560 km) long, rising in a lake on the Quebec-Labrador boundary, E Canada. It flows N through Indian Lake (125 sq mi/324 sq km) to Ungava Bay (an arm of Hudson Strait). Marshall, director supply cycle for Albemarle, added, "Albemarle needed the ability to conduct a thorough, micro-level review of its entire global logistics operation without interruption INTERRUPTION. The effect of some act or circumstance which stops the course of a prescription or act of limitation's. 2. Interruption of the use of a thing is natural or civil. to commitments we have to both external and internal customers. Recognizing how difficult it is to constructively self-audit your own practices that have been put in place over years, we realized we needed outside expertise. A significant advantage that ShipChem brings to the table is its in-depth understanding of logistics in the chemical industry." "Companies in the chemical industry recognize that the efficiency of the supply chain is critical to their ability to serve their customers and to operate their businesses successfully," said Mark Kaiser, chief executive officer of ShipChem. "Albemarle realizes that working with ShipChem provides them the greatest opportunities for improvements, which will help Albemarle maintain its industry-leading position." About Albemarle A global supplier of specialty and fine chemicals, Albemarle Corporation serves markets for polymers, surfactants and biocides, pharmaceuticals, agricultural chemicals, photographic chemicals, water treatment, oilfield chemicals and petroleum products. For further information, visit the Albemarle Web site at www.albemarle.com. About ShipChem, Inc. ShipChem is the leading global solutions provider for the comprehensive management of shipping and logistics services for chemicals and plastics companies. ShipChem offers comprehensive logistics solutions for all shipping modes, resulting in cost savings and customer service improvements, while delivering added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
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