ADVA bags Supply Chain Management Award

By VARINDIA - 2013-06-25

ADVA bags Supply Chain Management Award

ADVA Optical Networking has announced that it has been rewarded with the Supply Chain Management Award for its global implementation of end-to-end and cross-enterprise segmentation within the manufacturing industry. The award was presented by the management consulting unit of PwC and Logistik Heute, in partnership with the Institute for Supply Chain Management and the House of Logistics and Mobility. 
 
Jaswir Singh, CFO & COO, ADVA Optical Networking, said, "This award doesn't solely recognize our success in supply chain management; it recognizes countless hours of effort from our global team; it recognizes a commitment to delivering something extraordinary. We harnessed every possible resource to reimagine what our supply chain management could look like and, more importantly, what our customers needed it to be. This award tells the industry, tell our customers, that our team goes beyond every expectation to meet their needs, our objectives and our commitments.
 
The jury was impressed by the systematic integration of the business and supply chain models. The development-driven company created an agile supply chain organization based on the needs of its customers. The result is that ADVA Optical Networking can now serve its customers faster, with better on-time performance, and at lower cost than its competitors," said Harald Geimer, Chairman of Awarding Jury and Partner, PwC.
 
With the supply chain optimization process, the company has recorded a reduction in supplier lead times of over 50%, an increase in on-time deliveries from 85% to 97% and an annual acceleration in stock turnaround times of 50%.
 




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