As part of the global SPL contract, UPS will provide material storage and inventory management, order fulfillment, inbound and outbound transportation, global visibility and reporting, as well as inspection, re-packaging and labeling.

The five-year contract culminates a search by Philips Medical for a lead logistics provider. UPS will provide the critical parts, hold for pickup and return services from the UPS Supply Chain Solutions global network of more than 1,000 facilities, including the central distribution centers in Louisville, Ky.; Roermond, the Netherlands; Singapore and Shanghai, and more than 100 global SPL facilities.

"Philips Medical is raising the bar for service in its industry and UPS is excited by the opportunity to be part of this effort," said Bob Stoffel, UPS senior vice president, Supply Chain Group. "We already have a close relationship with Philips Medical and we look forward to helping Philips further streamline its complex transportation and logistics operations."

Royal Philips, which is one of UPS's largest enterprise customers, designated UPS as one of its 26 Global Strategic Partners in 2005 and invited UPS to participate in its Supplier Forum. That relationship led to the creation of a Master Logistics Agreement between the two companies that covers all potential UPS services, including global transportation, distribution and logistics.

Currently, UPS is providing the Philips companies with:

Package and express delivery and air freight transportation in the U.S., Europe and Asia Pacific
Transportation and installations of cardiovascular and x-ray equipment for Philips Medical in Europe and Asia
Trade Direct Air services of semiconductors from Asia to Europe for Philips Semiconductors
Customs brokerage services in the U.S.

Source: Press Release

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UPS  contract  logistics