Wednesday, July 4, 2012

Freight Forwarding and Supply Chain Group Launches New Logistics Support Vehicles

Centres of Excellence to Support Teams in the Field
Shipping News Feature

SWITZERLAND – CZECH REPUBLIC – SINGAPORE – ARGENTINA – US – GERMANY -With an eye to the future freight forwarding and third party logistics group Panalpina has announced it is establishing with four new Logistics Competence Centres (LCC’s) and a Supply Chain Solutions Centre with the aim of creating new and innovative solutions to help support its customers. Panalpina says it is becoming increasingly important for their clients to design their supply chains in a more flexible and efficient way. They need to consider market volatility and the impact of inventory levels, cost of capital, damage and loss, lost sales, time to market plus ‘asset velocity’ on supply chain costs.

The four new Logistics Competence Centres in Prague, Singapore, Buenos Aires and New Jersey will provide support for the logistics teams in Panalpina's areas. Local teams can refer to its experts who will support the deployment of the best-in-class tools and techniques in terms of tender and bid management, logistics solutions design, operations modelling and optimisation and lean logistics excellence. As reported here, Panalpina recently announced its strategic partnership with Red Prairie as its standardized global logistics platform and this is just one of the growing number of applications available within the LCC’s.

While the LCCs specifically look at finding and implementing the best solution for warehousing, Panalpina’s Supply Chain Solutions Centre in Frankfurt acts as an extension of the customers’ supply chain management for improving their supply chain end-to-end. The company says it has highly qualified professionals who use assessment tools and benchmarking applications to compare individual supply chain performance to a wider set of industry peers.

The objective is not just about providing customers with strategic guidance in regards to supply chain design and execution but about putting the identified optimization possibilities into practice. The experts identify inefficiencies in supply chain configurations with the ultimate objective of improving their end-to-end performance in terms of operational, financial as well as managerial aspects. Peter Karel, Global Head of Supply Chain Solutions at Panalpina, commented:

“We analyze supply chains and make recommendations to eliminate the identified inefficiencies and to support the customer’s market or production strategy. It is all about cutting out process waste and reducing direct and indirect costs,”