Logistics Contract: Ryder Announces Logistics Contract Extension And Expansion With Whirlpool
Ryder System, Inc. one of the global leader in supply chain, warehousing and transportation management solutions, recently announced that Whirlpool Corporation , one of the world's leading manufacturer and marketer of major home appliances, is extending and expanding its contract with Ryder for parts warehousing and distribution services for six additional years. The extended contract will run through July 2014. Under the expansion, Ryder will consolidate all service parts, creating a single Whirlpool U.S. Parts Distribution Center. The transition is expected to be completed by the end of the first quarter of 2008.
"Ryder's team has demonstrated its ability to continually drive process improvements throughout our operations and is integral to our team and future strategic initiatives," said Jim Packer, Director of Parts Operations, Whirlpool Corporation. "The decision to create a single Parts Distribution Center will further optimize costs and distribution to trade customers, authorized Parts Distributors, and our international customers."
Ryder manages appliance service parts packaging and distribution operations at an 805,000 square-foot facility in Plainfield, Ind. Ryder provides order fulfillment and worldwide distribution of Whirlpool's service parts across six continents to end consumers, authorized repair centers, and independent parts distributors that support service companies and technicians. Ryder has packaged more than 116 million pieces as well as shipped over 122 million parts to Whirlpool customers worldwide since the original agreement was signed in 2001.
"We are honored to build on our successful relationship with Whirlpool," said Ryder President of U.S. Supply Chain Solutions Vicki O'Meara. "We look forward to continuing our collaborative partnership as we work to help simplify their parts operations and improve responsiveness in serving their trade partners and consumers."
About Whirlpool Corporation
Whirlpool Corporation is the world's leading manufacturer and marketer of major home appliances, with annual sales of approximately $18 B, more than 73,000 employees, and more than 70 manufacturing and technology research centers around the world. The company markets Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Bauknecht and other major brand names to consumers in nearly every country around the world. Additional information about the company can be found at www.whirlpoolcorp.com
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