Menlo Worldwide Logistics Expands Relationship With MAQUET In Europe
Company Leverages Logistics Leader's Proven Multi-Client Network Warehouse Management Solution and Transportation Management Expertise
San Mateo, CA and Eersel, Netherlands--(Marketwire) - Menlo Worldwide Logistics, the global logistics subsidiary of Con-way Inc. (NYSE: CNW), today announced that it has expanded its relationship with MAQUET Cardiovascular, a division of MAQUET GmbH & Co. KG. Menlo is taking on new duties for inbound transportation, warehousing and outbound transportation management in Europe for products manufactured in the United States by Datascope, which was acquired by MAQUET in January 2009.
MAQUET Cardiovascular develops and manufactures intra-aortic balloon pumps, in addition to vascular grafts and patches in Fairfield and Mahwah, N.J. The company previously managed its own transportation and distribution to European customers. Now, following its acquisition by MAQUET, the Datascope products are being transitioned into MAQUET's European supply chain operations managed by Menlo through its Eersel, Netherlands, multi-client warehouse.
"Incorporating the MAQUET Cardiovascular products into our operations at Eersel allows us to leverage our successful existing global supply chain, as well as the proven expertise and superior IT platform that Menlo provides," said Rob Stoopman, managing director, MAQUET The Netherlands. "Through merging the new products into our existing Eersel systems, we will be able to achieve annual outbound transportation cost savings of 30 percent."
Under the expanded relationship with MAQUET, Menlo will manage all inbound airfreight from MAQUET Cardiovascular's New Jersey production plant to its multi-client warehouse in Eersel. The Eersel facility will process nearly 13,000 outbound orders annually, performing all warehousing activities for some 350 separate products. The work scope will ultimately include transportation management for outbound orders, using parcel delivery services to customer destinations in seven European countries. Menlo will continue to use MAQUET Cardiovascular's supply chain software while integrating it into Menlo's advanced IT solutions on site.
By utilizing Menlo's multi-client warehouse management solution, MAQUET also gains flexibility in contract commitment length, an experienced management and labor infrastructure, requisite equipment and assets, and an extensive global network of pre-configured warehouse operations.
"By integrating the MAQUET Cardiovascular products into its existing global supply chain, MAQUET is able to gain cost savings, flexibility, shared resources and the significant expertise we offer through our multi-client warehouse management solution," said Robert L. Bianco Jr., president, Menlo Worldwide Logistics. "We look forward to continuing to support MAQUET's expansion and finding new ways to optimize its supply chain and help it win in the marketplace." Internationally, Menlo maintains multi-client network facilities in Mexico, Canada, Asia and Europe. Its U.S. locations include Atlanta; Dallas; Cranbury, N.J.; Fontana and Fremont, Calif.; and Portland, Ore.
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About Menlo Worldwide Logistics
Menlo Worldwide Logistics, LLC, is a US$1.4 billion global provider of logistics, transportation management and supply chain services with operations in five continents, including North America. As a third-party logistics provider, San Mateo, Calif.-based Menlo Worldwide Logistics' services range from dedicated contract logistics to warehouse and distribution management, transportation management, supply chain reengineering and other value-added services including packaging, kitting, order fulfillment and light assembly through a strategic network of multi-client and dedicated facilities. With more than 16 million square feet of dedicated warehouse space in North America, the Asia Pacific, Europe and Latin America, and industry-leading technologies, Menlo Worldwide Logistics creates effective, integrated solutions for the transportation and distribution needs of leading businesses around the world.
Menlo Worldwide Logistics, LLC, is a subsidiary of Con-way Inc. (NYSE: CNW), a $5.0 billion freight transportation and logistics company. For more information, please visit us on the Web at www.con-way.com.
SOURCE: Menlo Worldwide Logistics