Tuesday, March 16, 2010

Emergency Logistics Specialist Wins Award

Frost & Sullivan Recognise Evolution Time
Shipping News Feature

UK - Emergency logistics provider Evolution Time Critical (ETC) has been awarded the Frost & Sullivan 2010 European Logistics Vertical Market Penetration Leadership Award. The award recognises Evolution’s market leading position in the provision of emergency logistics and is presented each year to a company that has demonstrated strong market growth and customer satisfaction.

Frost & Sullivan’s researchers identified a number of key factors as the driving forces behind Evolution’s award, including strong demand for emergency logistics among manufacturers striving to keep assembly lines running as production volumes increase, and the growing trend of sourcing components from developing regions.

Long established customer relationships and customer referrals were also identified as major contributory factors, together with the company’s expertise in using all modes of transport to facilitate urgent deliveries.

“Original Equipment Manufacturers (OEMs) have been focusing on making their supply chain leaner and their assembly line, just-in-time,” said Archana Ashwinkumar, senior research analyst, Frost & Sullivan.

“OEMs increasingly recommended Evolution Time Critical to their tier 1 suppliers for fast and reliable delivery or included its services in their initial supply chain contingency planning. The company has also experienced repeat business from customers that were dissatisfied with low-priced providers,” he added.

“We are delighted to be recognised by Frost & Sullivan for our achievements in the emergency logistics sector,” commented Brad Brennan, managing director of Evolution Time Critical.

“We have experienced a growing demand for our services in the past year as OEMs place a greater emphasis on emergency logistics in their contingency planning, and are pleased to be able to support the automotive industry’s return to higher production volumes. We are also receiving progressively more interest in our services from the marine and aviation industries.”

Evolution Time Critical regularly facilitates urgent shipments of key components for major vehicle manufacturers, saving them up to €1m per hour in stoppage fees. In one recent example the company prevented a £500,000 production delay by shipping 600kg of desperately needed automotive components from China to Mexico over a weekend, using a single courier.