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Warehouse consolidation key to efficient after sales operations
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Hoofddorp, the Netherlands, 11 June, 2012 – CEVA Logistics, one of the world’s leading supply chain management companies, has renewed a multi year contract with Nokia Siemens Networks, world specialist in mobile broadband, to manage their global after sales and reverse logistics operations.
Under the agreement, CEVA will continue to manage Nokia Siemens Networks’ global distribution and reverse logistics center, handling approximately 1.4 million parts each year. The two companies have worked in cooperation since 2000, with additional volumes added in 2007 as a result of the merger between Nokia’s Networks business and Siemens carrier business, and during this time CEVA has considerably enhanced the efficiency of the after sales operations. By consolidating five warehouses into one dedicated facility in Wijchen, the Netherlands, totalling 22,500 sq m, CEVA has been able to reduce operating cost, increase stock accuracy and improve supply chain performance.
Services provided from the global distribution and reverse logistics center include full returns handling, milk runs to and from repair vendors, visual screening, management of the failure report center and same day order processing. These services are provided for all telecommunications infrastructure equipment.
Ronald van der Putten, CEVA’s Global Key Account Director for Nokia Siemens Networks added: “We are proud to continue our relationship with the world’s leading provider of mobile broadband. The consolidation of the after sales and reverse logistics operations into one dedicated location has delivered many benefits. We are confident that our ongoing quest for excellence and continuous search for improvement will drive even greater efficiencies for our customer Nokia Siemens Networks and enable them to deliver even more excellent service to their final customers.”
CEVA
Krissy Attridge
Head of Communications
Tel: +44 208 755 5180
krissy.attridge@cevalogistics.com
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CEVA - Making business
flow
CEVA Logistics, one of the world’s leading non-asset
based supply chain management companies, designs and
implements industry leading solutions for large and
medium-size national and multinational companies.
Approximately 51,000 employees are dedicated to
delivering effective and robust supply chain
solutions across a variety of sectors and CEVA
applies its operational expertise to provide
best-in-class services across its integrated
network, with a presence in over 170 countries. For
the year ending 31 December 2011, the Group reported
revenues of €6.9 billion. For more information,
please visit
www.cevalogistics.com
SAFE HARBOR STATEMENT:
This news release may contain forward-looking
statements. These statements include, but are not
limited to, discussions regarding industry outlook,
the Company’s expectations regarding the performance
of its business, its liquidity and capital
resources, its guidance for 2012 and the other
non-historical statements. These statements can be
identified by the use of words such as “believes”
“anticipates,” “expects,” “intends,” “plans,”
“continues,” “estimates,” “predicts,” “projects,”
“forecasts,” and similar expressions. All
forward-looking statements are based on management’s
current expectations and beliefs only as of the date
of this press release and, in addition to the
assumptions specifically mentioned in the above
paragraphs, there are a number of factors that could
cause actual results and developments to differ
materially from those expressed or implied by these
forward-looking statements, including the effect of
local and national economic, credit and capital
market conditions, a downturn in the industries in
which we operate (including the automotive industry
and the airfreight business), risks associated with
the Company’s global operations, fluctuations and
increases in fuel prices, the Company’s substantial
indebtedness, restrictions contained in its debt
agreements and risks that it will be unable to
compete effectively. Further information concerning
the Company and its business, including factors that
potentially could materially affect the Company’s
financial results, is contained in the Company’s
annual and quarterly reports, available on the
Company’s website, which investors are strongly
encouraged to review. Should one or more of these
risks or uncertainties materialize or the
consequences of such a development worsen, or should
underlying assumptions prove incorrect, actual
outcomes may vary materially from those forecasted
or expected. CEVA disclaims any intention or
obligation to update publicly or revise such
statements, whether as a result of new information,
future events or otherwise.
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