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Ryder Establishes New Fulfillment Center for Lexmark

by Zyrene D.
01/16/2024
in Data & Analytics, Global Trade, Industry, Industry, International Relations, Logistics & Transportation, Supply Chain, Warehousing & Distribution

Ryder System, Inc., a leader in supply chain, dedicated transportation, and commercial fleet management solutions, has recently launched a new fulfillment center dedicated to Lexmark, a global imaging solutions leader. This move is part of a strategic initiative to enhance cost-efficiency and reduce transit times for Lexmark’s operations.

Norm Brouillette, Ryder’s Senior Vice President of Supply Chain, highlighted the comprehensive network analysis that guided this decision. The analysis took into account various factors including market reach, shipping volumes, transportation costs, proximity to ports, real estate values, and the labor market. The outcome of this review pinpointed an optimal location that promises a two-day improvement in transit times and expands delivery capabilities.

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Ryder is set to employ its advanced digital platform, RyderShare, in this new fulfillment center. RyderShare enables greater connectivity and visibility across the supply chain by linking shippers, receivers, carriers, and service providers. This platform leverages data analytics to facilitate decision-making, bolster supply chain resilience, and accelerate recovery from disruptions.

The collaboration between Ryder and Lexmark dates back to 2009, but this is their first joint venture in fulfillment services. According to Billy Spears, Lexmark’s Senior Vice President and Chief Product Delivery Officer, partnering with Ryder for supply chain solutions represents a “natural evolution” in their ongoing relationship.

In a statement to Supply Chain Dive, Brouillette elaborated on the comprehensive nature of the services provided to Lexmark, encompassing transportation management, network design, carrier procurement and management, shipment planning and execution, as well as cross-border operations involving the United States, Canada, and Mexico.

Discover in-depth supply chain report news insights at The Supply Chain Report. For international trade tools, see ADAMftd.com.

#RyderSystem #Lexmark #SupplyChainSolutions #FulfillmentCenter #TransportationManagement #Logistics #DigitalPlatforms #RyderShare #CostEfficiency #TransitTimeReduction #SupplyChainResilience #Partnerships #Innovation

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