Ceva targets global supply chains

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Ceva Logistics is targeting global supply chains with the creation of a new organisation, Supply Chain Solutions.

It has put together a team of 185 employees to consolidate structures, organisation and resources to strengthen its global team and upgrade its End to End Solutions.

Jan Martin Witbreuk, Ceva’s, EVP Supply Chain Solutions said: “The Supply Chain Solutions team is focused on the complete integration of our customers’ supply chains to drive maximum flexibility and cost efficiency through the very best practices.

“The rich engineering and design expertise we have established provides an extremely robust foundation for this solution, integrating services and execution at origin and destination, giving us and our customers a distinct competitive advantage in the market.”

Ceva has also launched a new SMART Solution: End to End. This is designed to offer a standardised, consistent and configurable process. Ceva will manage everything from components and inbound logistics, through to moving the finished product.

It reckons it can produce year-on-year savings of 5 – 15 per cent through productivity improvements.

General Motors is one of the first customers to use SMART End to End to manage global inbound and outbound flows of materials across multiple different locations across the world.

* For the first quarter Ceva has reported a 36.5 per cent rise in EBITDA to 71m euros on sales up 13.3 per cent to 1.7bn euros. Chief executive John Pattullo said: “I’m delighted with our strong performance.  These results prove the benefits of the structural changes we made in 2010 and have positioned us well for continued future growth and development.”

Chief financial officer Rubin McDougal said that more than half of the group’s EBITDA resulted from clients targeted by its Century Programme, which focuses on 100 key global customers. 

[asset_ref id=”668″] Rubin McDougal

McDougal said:  “We also had a record level of contract wins in March, which was very heavily skewed towards the Century programme.”

The business showed growth in key market sectors including automotive, consumer and technology, as well as industrial and during the first quarter achieved over 528m euros of new business wins.

McDougal expects to see continued growth for the firm, particularly in Asia and the Americas.

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