CEVA in Spain is awarded the ICIL Award for Excellence in Logistics
Madrid, Spain, 14 June, 2010 - CEVA Logistics, a leading global supply chain management company, has received the prestigious ICIL Award for Excellence in Logistics at the Spanish Logistics Association's annual dinner. This accolade is one of the greatest recognitions for innovative companies that develop outstanding logistics solutions or processes and is awarded by the ICIL Foundation, the Spanish leader in research, training, spreading knowledge and logistic applications.
Participants in the sixth event were required to show concrete and measurable examples of improvement in their respective supply chains, and describe in detail the projects that were submitted.
CEVA proposed its LEAN Program, one of the pillars of CEVA's Operations Excellence. The LEAN Program continuously improves operations through the systematic identification and elimination of waste and reduces the need to compromise on cost reduction, quality improvement and wait-time reduction. CEVA presented practical examples of warehouse processes optimizations and cost reductions, thanks to the implementation of the program.
Continuous improvement is a key component of the Kaizen culture, which CEVA adopts and this is the key area in which CEVA has been recognized with the ICIL Award. Kaizen is based on a strenuous search of progressive and small improvements, on specific processes that help deliver higher customer satisfaction, reduce waste and increase employee empowerment.
Giuseppe Chiellino, CEVA's Managing Director in Iberia said: It is CEVA's honour to receive this ICIL Award for Excellence in Logistics; this is a public acknowledgement of our LEAN Program as an essential vehicle towards Operations Excellence. Implementing this within our operations has allowed CEVA to deliver even better service towards customers, achieve better performance and in short, it has now become the DNA of how we operate and continually look to improve efficiency.
For more information contact:
Burson-Marsteller
Ángel García Merino
+34 91 384 67 13
Tecnologia.marketing@bm.com
Burson-Marsteller
Marta López de Cervantes
+34 91 384 67 00
Marta.lopez@bm.com
Valérie Chevrier
Marketing and Communication Manager
+ 34 93 2675899
Valerie.chevrier@cevalogistics.com
CEVA - Making business flow
CEVA Logistics provides world class supply chain solutions for large and medium-size national and multinational companies across the globe. As an industry leader, CEVA offers customers complete supply chain design and implementation in contract logistics and freight management, alone or in combination. CEVA's integrated global network has facilities in over 170 countries and more than 46,000 employees; all dedicated to delivering consistently excellent operations and supply chain solutions. For the year ending 31 December 2009, the Group reported revenues of €5.5 billion. For more information, please visit www.cevalogistics.com
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT of 1995:
The statements included in this news release, and other statements that are not historical facts, may contain forward-looking statements. In addition to the assumptions specifically mentioned in the above paragraphs, there are a number of other factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, the process of combining EGL and CEVA, the actual effects of recent and future regulatory changes and technological developments, globalization, levels of spending in major economies, the economic downturn in Asia, Europe and the US, including the economic downturn in the automotive sector, levels of marketing and promotional expenditure, actions of competitors and joint venture partners, employee costs, future exchange and interest rates, changes in tax rates, unexpected costs of future business combinations or dispositions and other factors detailed in risk factors and elsewhere in CEVA most recent Annual Reports. 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. 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.
Participants in the sixth event were required to show concrete and measurable examples of improvement in their respective supply chains, and describe in detail the projects that were submitted.
CEVA proposed its LEAN Program, one of the pillars of CEVA's Operations Excellence. The LEAN Program continuously improves operations through the systematic identification and elimination of waste and reduces the need to compromise on cost reduction, quality improvement and wait-time reduction. CEVA presented practical examples of warehouse processes optimizations and cost reductions, thanks to the implementation of the program.
Continuous improvement is a key component of the Kaizen culture, which CEVA adopts and this is the key area in which CEVA has been recognized with the ICIL Award. Kaizen is based on a strenuous search of progressive and small improvements, on specific processes that help deliver higher customer satisfaction, reduce waste and increase employee empowerment.
Giuseppe Chiellino, CEVA's Managing Director in Iberia said: It is CEVA's honour to receive this ICIL Award for Excellence in Logistics; this is a public acknowledgement of our LEAN Program as an essential vehicle towards Operations Excellence. Implementing this within our operations has allowed CEVA to deliver even better service towards customers, achieve better performance and in short, it has now become the DNA of how we operate and continually look to improve efficiency.
For more information contact:
Burson-Marsteller
Ángel García Merino
+34 91 384 67 13
Tecnologia.marketing@bm.com
Burson-Marsteller
Marta López de Cervantes
+34 91 384 67 00
Marta.lopez@bm.com
Valérie Chevrier
Marketing and Communication Manager
+ 34 93 2675899
Valerie.chevrier@cevalogistics.com
CEVA - Making business flow
CEVA Logistics provides world class supply chain solutions for large and medium-size national and multinational companies across the globe. As an industry leader, CEVA offers customers complete supply chain design and implementation in contract logistics and freight management, alone or in combination. CEVA's integrated global network has facilities in over 170 countries and more than 46,000 employees; all dedicated to delivering consistently excellent operations and supply chain solutions. For the year ending 31 December 2009, the Group reported revenues of €5.5 billion. For more information, please visit www.cevalogistics.com
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT of 1995:
The statements included in this news release, and other statements that are not historical facts, may contain forward-looking statements. In addition to the assumptions specifically mentioned in the above paragraphs, there are a number of other factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, the process of combining EGL and CEVA, the actual effects of recent and future regulatory changes and technological developments, globalization, levels of spending in major economies, the economic downturn in Asia, Europe and the US, including the economic downturn in the automotive sector, levels of marketing and promotional expenditure, actions of competitors and joint venture partners, employee costs, future exchange and interest rates, changes in tax rates, unexpected costs of future business combinations or dispositions and other factors detailed in risk factors and elsewhere in CEVA most recent Annual Reports. 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. 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.