SBS Worldwide and Virtualized Logistics scoop prestigious logistics industry award
SBS Worldwide and sister company Virtualized Logistics are delighted to announce that they were yesterday named winners of the Supply Chain Management Award at the BIFA Freight Service Awards.
The win follows on from last year, when SBS won BIFA’s Ocean Freight Award for its ship fewer containers project.
The two companies scooped the award for their work on improving the supply chain of publisher Wolters Kluwer.
SBS and VL helped the publisher to reduce the costs of its supply chain by $400,000 per annum by adapting their eDC software to give Wolters Kluwer – and now the rest of the publishing industry – the visibility it needs to ship books direct from China.
In the past, books were transported from China into central warehouses in the US before being shipped back out around the world.
SBS Worldwide and VL developed bespoke software and designed and manage a complete transport operation that enables Wolters Kluwer take control of costs – and of the books themselves.
The solution gives everyone who needs it – production, accounts and sales teams – access to the information about where the books are and when delivery can be expected, right from the pre-production stage.
This not only reduces transport costs, it also cuts delivery times by weeks and gives more flexibility to redirect books to areas of highest demand.
In addition to hard savings of both time and money, Wolters Kluwer sees significant value in the new suite of management reports that flow from eDC.
It can look at the relative percentage of times that its printers are hitting their dates. But more importantly, it also has the detail to know what’s causing the delay.
Presenting the title, Christopher Hewitt from award sponsor BoxTop Technologies described SBS as “a deserved winner that had created a true vendor relationship”.
He said: “SBS and VL have created an innovative solution to manage the supply chain of a large publishing customer more cost-effectively, by consolidating millions of Asian-printed books a year for a major US publisher, and drastically reducing their costs while improving service levels.”
SBS Worldwide UK Managing Director Philip Brown, who collected the award on behalf of the team at the ceremony in central London yesterday, says the award was a testament to true partnership and shows the benefits of a consultative approach.
“We worked closely with Wolters Kluwer to refine our eDC software, giving them visibility down to the ISBN level that they needed. We are delighted that our efforts have been recognised by BIFA,” he says.
About SBS Worldwide
SBS Worldwide offers global freight forwarding and supply chain solutions to clients around the world. It has an established reputation for reliability, innovation and leading-edge solutions, helping to drive costs out of its customers' international supply chains. SBS’s consultancy division, Virtualized Logistics, offers clients an in-depth review of their supply chains as well as state of the art visibility systems and management information.
A privately-owned British company set up nearly 30 years ago, SBS Worldwide is headquartered in the UK, has offices across the US and China and has partners throughout the world. SBS Worldwide was named Freight Forwarder of the Year at IFW’s Freight Industry Awards 2010 and won the BIFA Ocean Freight Award in the same year.
‘SBS Worldwide’s central tenet is to ensure that its operations provide the highest quality of Freight and Supply Chain services throughout our privately owned company.
We will ensure that our customers’ expectations will be delivered by providing the highest quality of service appropriate for each market segment served through our focused business units.
We will develop mutually rewarding relationships with our employees, partners and suppliers beyond their expectations.
Safety and compliance is the first consideration in all our operations.
All of our corporate activities will be conducted to the highest ethical and professional standards.’
About Virtualized Logistics
Virtualized Logistics (VL) is a leader in supply chain consulting, technology and software development. VL undertakes project management, implementation and compliance, and understands that every business has its own unique needs. VL offer services and products that are geared to a company’s size, culture and strategy. In this way, VL can help mid-sized and larger companies achieve a lasting competitive edge.
Virtualized Logistics is based in London with offices in the USA and Asia and are able to operate globally.
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