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’s office in Jacksonville containse the innovative and technological enginr of its North American dedicatedsupply chains, or supply chain s where CEVA handles all the shipping links for its The company expects to be movinvg goods for customers in Northeast Florida by next said Keith Goldsmith, senior vice president of busineszs development for CEVA. But he declinedx to give specifics. Typically, such a move woul involve the leasing of trucks and warehouswedistribution operations.
With customers such , and CEVA’s footprint in Northeast Florida would signifty that the region has reacheed the major leagues of the supplyychain industry, which is the system of moving goodds from the manufacturer to the seller. The strategiez that come out of the Jacksonville office have helpedthe Netherlands-basesd company retain more than 90 percent of its customers and expanxd the services it offers to many of The Jacksonville office off Deerwood Park Boulevard gained nine new customerds in 2008, a company record, and has added sevenh since the beginning of the year.
Most of thesre customers rely onthe office’s technologh that manages the movement of its “Every single part of a GM automobile that moves across the ocean is managed on the secondf floor of this building,” Goldsmith said. Few in Jacksonvillse are aware of the officse despite its integral role in keeping and expandintthe company’s North American customer base and housing the technology that helpsx run its Asian, some European and nearlh all of its North American supply chains, he Part of that is becaused the Jacksonville office has changed handz so many times since its formatiojn in 1983.
The Jacksonville office beganas , then became , which was a part of CSX, befores being acquired by . The company was bought in 2007 by privat equityinvestor , and merged with to form The company, which employs about 280 in has been hurt by the decline in auto manufacturing, said Dick a logistics analyst. which had $2.8 billion in North American sales in fiscal 2008and $9.3 billiohn worldwide, has been able to weather the slumlp due to good supply-chain management and by addinyg services for its customers.
He said the company’s profitws have been stifled becaus e of the amount of interest it has to pay on its Goldsmith said the company is paying off its debt andCEVA doesn’t have any significant principal repayments until 2012.
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