Businesses Rank UPS as Top Logistics Provider in Annual 'Top 10 3PL Excellence Award' Survey.Business Editors ATLANTA--(BUSINESS WIRE)--Oct. 1, 2003 UPS Supply Chain Solutions has been rated as the No. 1 logistics provider in Inbound in·bound 1 adj. Bound inward; incoming: inbound commuter traffic. Adj. 1. inbound Logistics' annual "Top 10 3PL Excellence Award" survey. Award rankings were based on excellence in 28 service categories, including integrated logistics, process re-engineering, consulting and import, export and customs capabilities, among others. More than 3,000 respondents from about 360 third-party logistics A third-party logistics provider (abbreviated 3PL) is a firm that provides outsourced or "third party" logistics services to companies for part, or sometimes all of their supply chain management function. companies worldwide participated in the survey. Respondents gave UPS Supply Chain Solutions high marks for services related to speed, visibility and reliability, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Inbound Logistics publisher Keith Biondo. The survey, now six years old, has ranked UPS Supply Chain Solutions in the Top 10 every year but this is the company's first time in the top slot. "This was a pivotal year for UPS Supply Chain Solutions. The first-place ranking is a testament to their hard work and world-class solutions," said Felecia Stratton, editor of Inbound Logistics. "It's obvious that customers are extremely happy with UPS Supply Chain Solutions's services and the industry is taking notice." The survey's participants, part of Inbound Logistics' readership of more than 200,000 logistics professionals, included senior managers as well as logistics, transportation, supply chain and purchasing professionals in businesses that currently use third-party logistics services. "For nearly a decade, we've worked to grow and enhance our capabilities by making strategic acquisitions and continuing to develop solutions that respond to our customers' real-world needs," said Bob Stoffel, president of UPS Supply Chain Solutions. "This award is an honor and we believe it is a signal of our commitment to synchronizing synchronizing, n a technique that a therapist uses to coordinate his or her breath with that of the client; builds trust and establishes relationship. critical business processes to optimize our customers' supply chains." Inbound Logistics cited UPS Supply Chain Solutions clients including Honeywell, Lucent, National Semiconductor, Nikon, Seagate, SGI (SGI, Sunnyvale, CA, www.sgi.com) A manufacturer of workstations and servers, founded in 1982 by Jim Clark. The company was founded as Silicon Graphics, Inc., but changed to its acronym in 1999. and Welch Allyn Welch Allyn, Inc. was founded in 1915 and is today a leading manufacturer of innovative medical diagnostic and therapeutic devices, cardiac defibrillators, patient monitoring systems, and miniature precision lamps. . The magazine published a quote from Arnold Kamen, Nikon's vice president of operations and customer service. "Outsourcing a distribution system for an entire product line is certainly a rare and innovative step in the consumer electronics industry. We realized that by combining UPS services, we would have the ability to greatly shorten our supply chain. It allows Nikon, Inc. to provide faster service to a market segment that deals in high-volume consumer products." Inbound Logistics is a leading monthly magazine for business logistics managers. For more than 20 years it has covered information on sourcing, logistics and transportation. UPS Supply Chain Solutions has been recognized in several industry magazines in 2003. In January, Consumer Goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and Technology ranked UPS No. 1 in its CGT CGT Capital Gains Tax CGT Confédération Générale du Travail (French Labor Union) CGT Confederación General del Trabajo (Spanish: Federation of Trade Unions) Elite Best of Breed 2003: Supply Chain Services. In April, World Trade named UPS Supply Chain Solutions's Trade Direct Cross Border(SM) as a product that makes some of the "most innovative uses of technology." And in June, the company was named to the annual iSource 100, which recognizes the most innovative supply chain solutions firms in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information and funds. Its business unit UPS Supply Chain Solutions offers transportation and freight, logistics and distribution, and international trade services. UPS's stock trades on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (UPS) and the company can be found on the Web at UPS.com and ups-scs.com. |
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