UPS Introduces Enhanced Service To Synchronize Overseas Supply Chain
UPS (NYSE: UPS) today announced a newly enhanced service, called Supplier Management, that coordinates the logistics activity of international vendors and suppliers on a customer’s behalf for a seamless supply chain. The service was introduced today at MAGIC, an international apparel show.
“UPS has once again made it easier for customers to conduct commerce globally with an innovative international service that manages multiple vendors and suppliers despite varying languages, cultures, time zones and distances,” said Bob Garrison, UPS Supply Chain Solutions.
UPS Supply Chain Solutions, acting on a customer’s operating instructions as well as vendor purchase orders, proactively manages the offshore logistics for the importer. From sourcing to destination, order information is provided so customers can get greater order and shipment control.
“With our Supplier Management service, we are the eyes and ears for our customers around the world,” said Garrison.
The UPS Supply Chain Solutions Supplier Management standard services include:
Vendor Compliance and Order Management: Manages the customer’s supplier, product, order and shipment details to ensure that what they order is what they receive, when they want to receive it.
Global Information Management: Tracks events and milestones, reports progress and exceptions and alerts the customer when action is required.
Global Distribution Management: Includes shipment or order consolidation, fulfillment, warehousing, distribution center by-pass and customs clearance.
Regulatory Compliance Management: Manages and monitors the customer’s international trade documents to ensure accuracy in comparison with their purchase order and to track their customs clearance progress.
Transportation Management: Manages local and international transportation so the customer’s products can be delivered on time.
The service also enables the customer to take advantage of integrated supply chain solutions that could include international trade finance, vendor managed inventory, customs brokerage, network planning tools and the UPS small package network.
UPS is the world’s largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information and funds. Its business unit, UPS Supply Chain Solutions, offers transportation and freight, logistics and distribution, and international trade services. UPS’s stock trades on the New York Stock Exchange (UPS), and the company can be found on the Web at UPS.com and ups-scs.com.
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For more information, contact:
Stephen Boggs
UPS Supply Chain Solutions
[email protected]
678-746-7021
Orzy Theus
UPS Supply Chain Solutions
[email protected]
678-746-8548
