Tag Archives: Supply Chain

Advanced Composites Recognized by General Motors as a 2012 Supplier of the Year Winner

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Advanced Composites Recognized by General Motors as a 2012 Supplier of the Year Winner

TOKYO–(BUSINESS WIRE)– General Motors (GM) recognized Advanced Composites, a subsidiary of Mitsui Chemicals (TOKYO:4183), as one of its best global automotive suppliers on Wednesday, March 13 during its 21st annual Supplier of the Year awards ceremony. The event was held at the Charles H. Wright Museum of African American History in Detroit.

Advanced Composites won 2012 GM Supplier of the Year award (Photo: Business Wire)

Advanced Composites and its parent company Mitsui Chemicals are strongly committed to the success of GM and the entire global automotive industry,” stated Advanced Composites spokesperson. “We are honored to be recognized with the GM Supplier of the Year award and are very happy to be a part of the GM global supply base.”

Advanced Composites was one of only 83 suppliers recognized by GM who have consistently exceeded GM‘s expectations by being innovative, delivering quality products and services on time and by creating outstanding value. This is the first time Advanced Composites has received the Supplier of the Year award.

Advanced Composites helped play a critical role in GM‘s success in 2012 through their dedication and commitment to consistently exceed our expectations by being innovative, delivering high quality products and services on time and by creating outstanding value,” said Grace Lieblein, GM vice president, Global Purchasing and Supply Chain. “We are thrilled to recognize Advanced Composites, who we consider to be a world-class supplier.”

The Supplier of the Year award is given to less than 1 percent of GM‘s approximately 18,500 suppliers around the world. The winners are recognized for delivering innovative technology, superior quality, timely crisis management and competitive, total-enterprise cost solutions.

Advanced Composites is a producer of engineered Polypropylene Compounds uniquely developed for the global automotive industry with varied applications such as; exterior bumpers, instrument panels and interior applications related to deployable airbag applications.

The Supplier of the Year winners are chosen by a global team of GM purchasing, engineering, quality, manufacturing and logistics executives.

About Advanced Composites
Advanced Composites is a proud member of the Mitsui Chemical global network of PP compounding companies. Our goal is to design, produce, and supply the global automotive industry with products that provide solutions for the OEM plastic challenges, while remaining a committed member of the global community.

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From: http://www.dailyfinance.com/2013/04/17/advanced-composites-recognized-by-general-motors-a/

Advance Auto Parts Appoints George Sherman as President; Announces Leadership Changes

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Advance Auto Parts Appoints George Sherman as President; Announces Leadership Changes

ROANOKE, Va.–(BUSINESS WIRE)– In an effort to simplify its organizational alignment, improve role clarity and provide a more intense focus on strategic and operational execution, Advance Auto Parts, Inc., (NYS: AAP) , a leading automotive aftermarket retailer of parts, batteries, accessories, and maintenance items, today announced several organizational changes.

George Sherman will be joining the Company as President. In his role as President, Mr. Sherman will be responsible for growing Commercial and driving excellence throughout the Company’s operations. Mr. Sherman will lead the Company’s Commercial Sales, Field Operations, Store Operations Support, Merchandising, Marketing, Supply Chain and Ecommerce Teams.

Mr. Sherman served as an officer in the United States Air Force for seven years. Afterward, he was with Target for 15 years where he worked his way from Store Manager to Regional Vice President, then served as Senior Vice President, Store Operations for their Mervyn’s department stores. He then moved to Home Depot where he led their installation business as Senior Vice President and President of their Home Services Division. Most recently, Mr. Sherman served as Senior Vice President, Best Buy Services, which included leading the Geek Squad. Mr. Sherman will report to Darren Jackson, Chief Executive Officer and will relocate to Roanoke, VA.

Charles Tyson, who currently serves as Senior Vice President, Merchandising and Marketing, has been promoted to Executive Vice President, Merchandising, Marketing and Supply Chain. Mr. Tyson joined Advance in 2008 as Senior Vice President, Merchandising and has been instrumental in improving the Company’s gross profit rate, strengthening its parts assortment and positioning the Company as an industry leader in inventory availability. In his new role, Mr. Tyson will report to George Sherman, President.

Jim Durkin, who currently serves as President, Autopart International (AI), will assume the new role of Senior Vice President, Commercial Business. Mr. Durkin will be responsible for the Company’s Commercial Sales Team, Commercial Marketing and AI. Mr. Durkin joined AI in 2011 and under his leadership AI has seen its largest period of growth and expansion. Before joining AI, Mr. Durkin led the global business segment of OfficeMax where he served as Executive Vice President. Prior to OfficeMax, Mr. Durkin served as Vice President, Sales for ARAMARK Corporation. Mr. Durkin will report to Mr. Sherman and will relocate to Roanoke, VA. All changes outlined above are effective April 21, 2013.

Tammy Finley, who most recently served as Vice President, Employment Counsel and Government Affairs, has been promoted to the …read more

Source: FULL ARTICLE at DailyFinance

Multi-Echelon Inventory Optimization Takes Center Stage with Logility at INFORMS Conference

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Multi-Echelon Inventory Optimization Takes Center Stage with Logility at INFORMS Conference

Experts Outline Best Practices and Share the Benefits of an MEIO Approach

ATLANTA–(BUSINESS WIRE)– Logility Inc., a leading supplier of collaborative solutions to optimize the supply chain, is taking multi-echelon inventory optimization (MEIO) to center stage at the INFORMS Conference on Business Analytics & Operations Research in San Antonio, TX April 7 – 9, 2013. Three MEIO authorities will present and provide insights into how inventory optimization can transform an organization’s ability to balance cost and service levels to reduce working capital tied up in inventory.

Sean Willems, PhD, associate professor, Operations Management, Boston University School of Management and chief scientist at Logility will outline how to successfully implement both tactical and strategic MEIO projects through a proven implementation methodology based on more than a decade of deployments around the world. Sean’s session, “A Guide for Multi-Echelon Inventory Optimization Projects: Lowering Inventory while Improving Service Levels,” is Monday, April 8 at 1:50 pm.

Chris Russell, vice president at Logility, will discuss how MEIO works in an extended supply chain and the advantages of utilizing inventory optimization in manufacturing, procurement, distribution, and lean manufacturing environments. Chris’ session, “The Journey to the Top of the Multi-Echelon Inventory Optimization (MEIO) Maturity Curve,” is scheduled for Monday, April 8 at 10:30 am.

Jeff Pittman, senior business consultant at Logility, is set to lead a workshop to help attendees understand inventory optimization planning and strategy as it applies to the end-to-end supply chain. Jeff will discuss how MEIO helps businesses gain insight into the uncertainties inherent within demand and supply networks and how the solution can help position inventory in its proper forms and levels within the supply chain to maintain optimal service levels. Additionally, he will explore how inventory optimization helps minimize the impact of uncertainty in supply and demand, allowing better use of assets. This workshop, “Inventory Optimization and Supply Chain” will occur Sunday, April 7 at 1:00 pm.

Additional information on the INFORMS Conference can be found at www.informs.org.

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Cancer Treatment Centers of America Expands MedAssets Relationship to Enhance Onsite Advanced Treatm

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Cancer Treatment Centers of America Expands MedAssets Relationship to Enhance Onsite Advanced Treatment Accommodations

MedAssets Capital and Construction Solutions selected to improve savings, transparency and collaboration on remodeling and expansion efforts across national network of state-of-the-art cancer hospitals

ATLANTA–(BUSINESS WIRE)– MedAssets (NAS: MDAS) today announced that Cancer Treatment Centers of America (CTCA) has engaged the company to help drive cost savings for construction projects across its national network of hospitals. The new agreement to use MedAssets Capital and Construction Solutions builds upon CTCA‘s current relationship with MedAssets for Strategic Sourcing services, Charge Integrity and Reimbursement Integrity solutions to drive better operational and financial performance.

According to Kimberly Alvord, corporate director of Supply Chain at CTCA, expansion and remodeling efforts at each treatment center is in response to growing demand for new, additional services that address all aspects of treating complex and advanced stages of cancer. Each of the state-of-the-art cancer hospitals houses the latest treatment technologies and experienced clinical staff, while at the same time is designed to be warm and comforting.

“MedAssets offers a technology-enabled service that delivers a single solution for comparing and purchasing construction items, which will be invaluable in saving our team time, cost and energy as we enhance our facilities to better meet the needs of our patients and their families,” said Alvord. “Moreover, by centralizing buying decisions and utilizing expert analysis and market intelligence data, we expect to achieve operational efficiencies and significant financial improvement in our projects.”

Managing Projects across Multiple Facilities for Better Aggregation

With MedAssets, CTCA gains access to a cloud-based solution for enhanced visibility and financial control of construction and renovation projects across all stages—from planning and predictive analysis to management. The network plans to use the solution suite’s models to budget and plan for overall increased visibility and enhanced collaboration among its facilities.

“The increase in demand for healthcare facility construction in a time of unprecedented economic challenge makes it imperative to identify and avoid the common, yet costly mistakes organizations make before, during and after a construction project,” said Cheryl Stoddard, vice president, Construction Solutions, MedAssets. “MedAssets is pleased that CTCA has selected our solution as it works to achieve on-time and under-budget construction and renovation projects.”

…read more
Source: FULL ARTICLE at DailyFinance