Eaton Corp. (Cleveland) selected Penske Logistics (Reading, Pa.) to serve as its lead logistics provider for the company’s North American automotive and truck business segments. Under the agreement Penske Logistics will manage the inbound supply chain from more than 300 suppliers into Eaton’s North American manufacturing locations.
As part of efforts to improve the efficiency of Eaton’s inbound supply chain, Penske is helping the company move to a more efficient pull system, driven by Eaton’s production schedules. “Our team is working to standardize processes, introduce new metrics and systems for better forecasting and supply chain visibility, reduce inventory, and improve both static and dynamic routing,” said Vincent Hartnett, Penske Logistics president.
Mario Hegewald, Eaton’s director of global logistics, added, “Penske has already begun implementation of its transportation management system and currently manages Eaton’s day-to-day inbound transportation. We will rely on Penske Logistics’ expertise and technology to optimize our North American logistics operations through network redesign and shipment consolidation.”
Source: Penske Logistics.