ADVA Optical Networking SE : ADVA Optical Networking Wins Prestigious Supply
Chain Management Award
ADVA Optical Networking SE / ADVA Optical Networking Wins Prestigious Supply
Chain Management Award . Processed and transmitted by Thomson Reuters ONE. The
issuer is solely responsible for the content of this announcement.
Unique End-to-End Supply Chain Optimization Plays Key Role
Martinsried/Munich, Germany. June 24, 2013.ADVA Optical Networking announced
today that it's won the prestigious Supply Chain Management Award. This annual
award is presented to the company with the most effective value chain in the
manufacturing industry. The awarding bodies believed that ADVA Optical
Networking's global end-to-end and cross-enterprise segmentation is unique
within the manufacturing industry and provides the company with a clear
competitive edge. The award was presented by the management consulting unit of
PwC and the trade journal Logistik Heute, in partnership with the Institute
for Supply Chain Management and the House of Logistics and Mobility.
"Everything we do is driven by the customer, by providing the the best service
possible," said Dr. Paulus Bucher, senior vice president, Global Operations,
ADVA Optical Networking. "That's why we've transformed our entire global
supply chain management process. We've created something special, something no
one else has. Our customers compete in some of the most fiercely competitive
markets in the world and they must be confident that we can deliver what they
need, when they need it. Ultimately, our end-to-end supply chain is not only
our competitive edge, it's also our customers'. This is one of the key reasons
why we're seen by service providers and enterprises as a trusted partner. "
Since its implementation, ADVA Optical Networking's supply chain optimization
process has achieved significant results. 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%. The key to
this success is in the end-to-end and cross-segmentation of the supply chain.
This segmentation enables the teams at ADVA Optical Networking to effectively
service a multitude of product and customer portfolios. Part of this process
involves the decoupling of planning and production, providing enhanced
flexibility to changing customer demands.
"The jury was impressed by the systematic integration of the business and
supply chain models," stated chairman of the awarding jury, Harald Geimer,
partner at PwC. "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."
"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," commented Jaswir Singh,
chief financial officer and chief operating officer, ADVA Optical Networking.
"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, tells our customers, that our team goes
beyond every expectation to meet their needs, our objectives and our
commitments. But this is only the beginning. From this base we're going to
drive forward, refine processes and optimize further. This is what we do."
# # #
About ADVA Optical Networking
ADVA Optical Networking is a global provider of intelligent telecommunications
infrastructure solutions. With software-automated Optical+Ethernet
transmission technology, the Company builds the foundation for high-speed,
next-generation networks. The Company's FSP product family adds scalability
and intelligence to customers' networks while removing complexity and cost.
With a flexible and fast-moving organization, ADVA Optical Networking forges
close partnerships with its customers to meet the growing demand for data,
storage, voice and video services. Thanks to reliable performance for more
than 15 years, the Company has become a trusted partner for more than 250
carriers and 10,000 enterprises across the globe. For more information, please
visit us at www.advaoptical.com.
About Supply Chain Management Award
Each year since 2006, the Supply Chain Management Award has honored the best
value chain in the manufacturing industry. It is presented by PwC and the
trade journal LOGISTIK HEUTE in collaboration with the Institute for Supply
Chain Management (ISCM) and the House of Logistics & Mobility (HOLM) to reward
innovative solutions in supply chain management that have made significant
contributions to competitiveness and paved the way for other companies. The
award is presented to powerful end-to-end supply chain solutions and
outstanding implementations within individual links in the value chain. An
independent jury of 14 prominent industry experts, scientists, journalists,
and consultants chooses the winner. Past winners: Siemens Electronic Assembly
Systems Division (2006), Siemens Gerätewerk Erlangen (2007), international
packaging and paper group Mondi (2008), Henkel Laundry & Home Care Business
Sector (2009), BMW Group's Motorcycle Division (2010), BASF (2011), and
Infineon Technologies (2012). www.beste-supply-chain.de.
ADVA Optical Networking SE, Martinsried/Munich and Meiningen, Germany
t +44 1904 699 358
t +49 89 89 0665 940
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information contained therein.
Source: ADVA Optical Networking SE via Thomson Reuters ONE
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ADVA Optical Networking SE
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