Harman International Outsources Warehousing And Distribution Operations To Ryder
Ryder System, Inc., a global leader in transportation and supply chain management solutions, recently announced it has been awarded a warehousing and distribution management contract with Harman International Industries, a leading manufacturer of high-quality, high fidelity audio products and electronic systems for the automotive, consumer and professional markets.
"Our supply chain is a critical part of our commitment to bringing innovative products to market faster and further increasing customer service," said Lalit Panda, SVP of Supply Chain for Harman Consumer Group. "Working with a proven logistics partner such as Ryder will help us to meet these goals while focusing on our core competencies."
Under the multi-year contract, Ryder will manage two distribution centers with a combined 600,000 square feet located in Southern California and the Atlanta area. Ryder will support the distribution of Harman's Consumer and Professional products as well as reverse logistics. Ryder's solution is designed to optimize inventory levels, improve order accuracy and efficiency, while providing consistent levels of customer service.
"For more than 50 years, Harman International has been a recognized manufacturer of quality audio and visual systems, and Ryder is honored for the opportunity to contribute to their future success," said Tom Jones, SVP and General Manager of Supply Chain Solutions for Ryder.
About Harman International Industries
Harman International designs, manufactures and markets a wide range of audio and infotainment products for the automotive, consumer and professional markets. The Company maintains a strong presence in the Americas, Europe and Asia and employs more than 11,000 people worldwide. The Harman International family of brands spans some 15 leading names including AKG, Audioaccess, Becker, BSS, Crown, dbx, DigiTech, DOD, Harman Kardon, Infinity, JBL, Lexicon, Mark Levinson, Revel, QNX, Soundcraft and Studer. The Company's stock is traded on the New York Stock Exchange under the Symbol HAR.
About Ryder
Ryder provides leading-edge transportation, logistics and supply chain management solutions worldwide. Ryder's stock is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. Ryder ranks 362nd on the FORTUNE 500 and 1,458th on the Forbes Global 2000. For more information on Ryder System, Inc., visit www.ryder.com.
SOURCE: Ryder System, Inc.