Honored for transformative supply chain impact
on wine and spirits company
Ryder System, Inc. (NYSE: R), a leader in supply chain,
dedicated transportation, and fleet management solutions, has
earned Supply & Demand Chain Executive’s ‘Top Supply Chain
Projects’ award for 2024. The annual award recognizes innovative
case-study style projects designed to enhance, automate, and
streamline supply chain processes.
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Ryder was honored among Supply &
Demand Chain Executive’s ‘Top Supply Chain Projects’ for its role
in transforming supply chain operations for Southern Glazer's Wine
& Spirits. The implementation of RyderShare provided a
collaborative and transparent system, delivering real-time
actionable insights. (Photo: Business Wire)
Ryder was honored for its role in the transformation of supply
chain operations for Southern Glazer's Wine & Spirits, a
premier beverage alcohol distributor of wines, spirits, beer, and
non-alcoholic products. The company represents more than 1,700 wine
and spirits suppliers, distributing more than 7,000 brands across
45 U.S. markets and Canada. As Southern Glazer’s sought to deliver
products more efficiently to an ever-growing market, Ryder
developed a solution to improve supply chain visibility,
productivity, and customer service through RyderShare™, its
innovative and collaborative logistics platform.
“The past 12 months have seen companies within the supply chain
and logistics space upgrade, enhance, adopt, and adapt to achieve
greater efficiency along the chain. Companies implemented others'
software and technology to work smarter, together,” says Marina
Mayer, editor-in-chief of Supply & Demand Chain Executive and
Food Logistics. “Their partnerships cultivated resilience and
placed a spotlight on projects designed to make the supply chain
space safer and more efficient.”
RyderShare™ was instrumental in restructuring Southern Glazer’s
inbound transportation model, implementing a collaborative and
transparent system that delivered real-time actionable insights.
This digitized solution effectively managed Southern Glazer’s
complex logistical demands by providing complete visibility and
management of freight ─ resulting in streamlined operations and
improved efficiency.
“One of our biggest challenges was the lack of visibility and
control over our freight movements. We needed a robust, effective,
and advanced solution,” says Bobby Burg, chief supply chain officer
at Southern Glazer’s. “Ryder adeptly addressed these 'gaps' in our
system and demonstrated outstanding commitment and partnership
throughout the process.”
Since the implementation of RyderShare™, Southern Glazer’s has
achieved:
- 100% visibility of freight moving across its supply chain
- 50% increase in productivity
- Improved on-time performance rating to 98%
- Improved customer service following 100% data accuracy
- Two times the labor efficiency savings, and decreased
turnover
“For a company managing thousands of brands, it’s critical to
not just see when freight is moving but see when it isn’t moving,
why, and how to fix it,” adds Kristy Killingbeck, vice president
for supply chain operations of consumer packaged goods for Ryder.
“Through our RyderShare data and predictive analytics, we're able
to provide customers like Southern Glazer’s with increased
visibility into their supply chain so their teams can fully manage
and maximize freight efficiency.”
About Ryder System, Inc.
Ryder System, Inc. (NYSE: R) is a fully integrated port-to-door
logistics and transportation company. It provides supply chain,
dedicated transportation, and fleet management solutions, including
warehousing and distribution, contract manufacturing and packaging,
e-commerce fulfillment, last-mile delivery, managed transportation,
professional drivers, freight brokerage, nearshoring solutions,
full-service leasing, maintenance, commercial truck rental, and
used vehicle sales to some of the world’s most-recognized brands.
Ryder provides services throughout the United States, Mexico, and
Canada. In addition, Ryder manages nearly 250,000 commercial
vehicles, services fleets at 760 maintenance locations, and
operates nearly 300 warehouses encompassing more than 100 million
square feet. Ryder is regularly recognized for its industry-leading
practices; technology-driven innovations; corporate responsibility;
environmental management; safety, health and security programs;
military veteran recruitment initiatives; and the hiring of a
diverse workforce. www.ryder.com
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the only supply chain
publication covering the entire global supply chain, focusing on
trucking, warehousing, packaging, procurement, risk management,
professional development and more. Supply & Demand Chain
Executive and sister publication Food Logistics also operate SCN
Summit and Women in Supply Chain Forum. Go to www.SDCExec.com to
learn more.
Note Regarding Forward-Looking Statements: Certain statements
and information included in this news release are “forward-looking
statements” within the meaning of the Federal Private Securities
Litigation Reform Act of 1995. These forward-looking statements,
including our expectations with respect to employee hiring and
training, are based on our current plans and expectations and are
subject to risks, uncertainties and assumptions. Accordingly, these
forward-looking statements should be evaluated with consideration
given to the many risks and uncertainties that could cause actual
results and events to differ materially from those in the
forward-looking statements including those risks set forth in our
periodic filings with the Securities and Exchange Commission. New
risks emerge from time to time. It is not possible for management
to predict all such risk factors or to assess the impact of such
risks on our business. Accordingly, we undertake no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events, or otherwise.
ryder-ar
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version on businesswire.com: https://www.businesswire.com/news/home/20240618133734/en/
Ryder Media Contacts: Jonathan Mayor,
jonathan_c_mayor@ryder.com Amy Federman, afederman@ryder.com
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