The hunt is now on for the top supply chains in Automotive, Aerospace & Industrial – companies that can challenge for the crown in the European Supply Chain Excellence Awards 2010.
The Awards, organised by Supply Chain Standard in partnership with consultancy PRTM, are the gold standard for supply chain operations in Europe attracting entries from the world’s leading manufacturers, retailers and supply chain specialists.
Last year, the competition came down to a battle between two companies: Süd-Chemie and Daimler Trucks.
Süd-Chemie’s strategy was focused firmly on delivery reliability and the reduction of working capital. Over the previous four years the company had restructured its supply chain completely, bringing in a global sales and operations planning solution which has resulted in a 40m euro reduction in working capital. “Managing working capital on a global basis is not an easy thing to do,” say the judges.
For Daimler Trucks, the implementation of regional consolidation centres and integrated logistics and quality functions have been a major contributing factor to the company becoming a globally integrated business. A 69 per cent reduction in airfreight costs and a 42 per cent improvement in lead time certainly grabbed the attention of the judges. It was close, but at the end of the day Daimler Trucks won out.
What makes the Awards unique is a stringent judging process which focuses on performance against five core disciplines of supply chain.
The awards are presented at a glittering dinner at London’s Grosvenor House Hotel before an audience of more than 450 industry leaders. This year the dinner will take place on Thursday 18th November.
The deadline for entries is Friday, 4th June 2010. To find out more and download an entry form, visit the Awards web site: www.supplychainexcellenceawards.com