Menlo Worldwide, a subsidiary of Con-way Inc. and a global provider of logistics, transportation management and supply chain services, announced that its European operations received the Global Institute of Logistics' Award of Excellence for outstanding contribution to the development of Logistics Service Provision (LSP). Menlo received the award during a ceremony at its logistics facility in Eersel.
According to the Institute, Menlo was selected because of its success in applying the principles of 'Lean' manufacturing to the LSP sector. After reviewing a considerable amount of data, the Institute was convinced that Menlo had developed an operating model and a best practice that provided an excellent benchmark for other LSPs to emulate. Additionally, Menlo significantly improved its customers' efficiency, service and overall supply-chain performance.
"Our organisation strongly supports the application of Lean manufacturing methodologies in LSP," said Kieran Ring, CEO, Global Institute of Logistics. "At a time when shippers are looking increasingly to their LSP partners for greater innovation and cost reduction, we wanted to identify a company that has met and ultimately exceeded these expectations. Menlo is a deserving recipient of this award."
"We are honoured to receive this highly prestigious award, and to be recognised as an innovator in using principles of Lean manufacturing to bring more efficient, cost-effective transportation and logistics services to our customers," said Gert Askes , managing director, European Operations, Menlo Worldwide. "We believe this is the way forward for logistics providers, and can ultimately benefit both them and their customers."
The Lean concept uses a company's employees to discover ways to remove waste from processes by drawing on the expertise and knowledge of people who perform the work. Employees are given a framework within which to work, and problem-solving tools enabling them to analyse work processes, identify wasteful and unnecessary practices and develop plans to improve efficiency and reduce costs. Essentially, Lean manufacturing methodologies applied in the supply chain allow for the continuous removal of cost from warehousing and logistics operations leading to improved financial returns for both the customer and the logistics provider.
About Menlo Worldwide
Menlo Worldwide is a global provider of logistics, transportation management and supply chain services with operations in North America and 20 countries. As a third-partly logistics provider, San Mateo, Calif.-based Menlo Worldwide's services range from dedicated contract logistics to warehouse and distribution management, transportation management, supply chain re-engineering and other value-added services including packaging, kitting, order fulfillment and light assembly through a strategic network of multi-client and dedicated facilities. With more than 13 million square feet of dedicated warehouse space in North America, the Asia Pacific, Europe and Latin America , and industry-leading technologies, Menlo creates effective, integrated solutions for the transportation and distribution needs of leading businesses around the world.
About GLOBAL INSTITUTE OF LOGISTICS
The Global Institute of Logistics was founded in 2001 by the members of the Global Logistics Forum under the Chairmanship of the late Robert V. Delaney , the renowned U.S. logistics commentator and author. The Institute actively fosters and promotes high levels of relationship orientation amongst the stakeholders in the global logistics community. The Institute acts as a bridge between the academic world and the world of business, educating the global supply chain community on the latest in academic thinking, while at the same time balancing and correcting the various hypothesis emanating from the academic community with the real experience of early adopters. For more information, visit us on the web at www.globeinst.org.