Atlanta September 10, 2001 UPS Logistics Group has been chosen by Samsung Electro-Mechanics Co., Ltd. (SEMCO), a division of Samsung, to re-engineer and manage its global supply chain.
The three-phase project will redesign SEMCO's logistics, transportation, customs brokerage and inventory management for both raw materials and finished goods covering North America, Asia, Europe and Latin America.
It is expected that at least four different UPS units will be tapped for the project, including UPS's small package express operation, UPS Air Group, the recently acquired Fritz Companies, and UPS Logistics Group. With all phases in operation, UPS Logistics Group could be managing up to a half billion dollars in total logistics expenditures over the five years, according to SEMCO.
The planned first phase of the project is to design and implement a global information technology infrastructure that will add supply chain visibility to the flow of SEMCO's raw materials, sub-components and finished goods as they move from suppliers through manufacturing and on to customers. The phase also will include the re-engineering and management of SEMCO's North American distribution network that connects manufacturing centers in Asia and Latin America with customers in North America. Phases II and III will add Europe, Asia and Latin America over the next four years.