Bombardier Transportation Optimizes European Supply Chain and Logistics
Share:
Berlin, August 6, 2007 Bombardier Transportation announced today its new approach to supply chain management and logistics across all of its European production facilities. Penske Logistics has been selected as "Lead Logistics Provider" and Schenker Deutschland AG as "Preferred Carrier" to support Bombardier Transportation in its operations as world leader in the field of rail transportation.
This approach is designed to optimize and standardize all supply chain and logistics processes, as well as to increase supply chain transparency. The central coordination of all logistics processes by Penske Logistics will also create a uniform and simplified invoicing system. For Bombardier, this will result in improved efficiency, a reduction in the number of shipments, simplified internal transportation, as well as a more transparent logistics process.
Under the terms of the agreement between Bombardier Transportation and Penske Logistics, Penske will assume the lead responsibility for logistics planning and coordination, as well as the management of all transportation and carriers. Penske will manage these operations from its European headquarters in the Netherlands. In addition, Penske's role as Lead Logistics Provider includes the selection of all carriers and the negotiation of contractual terms.
Bombardier has appointed Schenker Deutschland AG as its Preferred Carrier for transportation, giving Schenker the opportunity to offer its support to Bombardier for all transportation services.
Erik van Egmond, Managing Director - Penske Logistics Europe, explained, "As a worldwide logistics company with far-reaching experience in lead logistics services, Penske Logistics is an ideal partner for Bombardier. By providing a central initiating and coordination point for the entire supply chain and logistics process, we create a transparent and efficient supply chain, generating substantial cost savings for Bombardier as a result."
Dr. Bernd Rdiger Pahnke, Member of the Schenker Deutschland AG Board responsible for logistics added, "In selecting Schenker as its Preferred Carrier, Bombardier will benefit from our extensive related experience as Germany's leading service provider in the field of integrated logistics in the automobile industry, as well as gaining access to Schenker's unique local network of approximately 700 European locations."
Bombardier intends to implement these arrangements with Penske Logistics and Schenker by the beginning of next year. "With Penske Logistics and Schenker, we have competent and highly efficient partners on our side, who can help us achieve our logistics goals in the European market," said Pierre Attendu, Vice President and Chief Procurement Officer, Bombardier Transportation.
About Bombardier Transportation
Bombardier Transportation has its global headquarters in Berlin, Germany with a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide. The Group offers the broadest product portfolio and is recognized as the leader in the global rail sector.
About Bombardier
A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2007, were $14.8 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). News and information are available at www.bombardier.com.
About Penske Logistics
Penske Logistics is a wholly owned subsidiary of Penske Truck Leasing. With operations in North America, South America, Europe and Asia, Penske Logistics provides supply chain management and logistics services to major industrial and consumer companies throughout the world. Penske Logistics delivers value through design, planning and execution in transportation, warehousing, international forwarding and carrier management. Visit www.PenskeLogistics.com to learn more about the company and its services.
About Schenker Deutschland AG
With approximately 12,200 employees in more than 100 locations and an annual turnover of some 2.9 billion Euro, Frankfurt/Main based Schenker Deutschland AG is the leading provider of integrated logistics on the German market.
Schenker is one of the world-leading groups in integrated logistics, with revenues of 13.2 billion Euro and 55,000 employees scattered over some 1,500 locations. The company is a "one-stop-shop" for all land transport, air and sea freight services, as well as comprehensive logistics solutions and global supply chain management. Schenker is part of DB Logistics, the Transport and Logistics Department of the German National Railway Company, Deutsche Bahn AG.
