Choice Logistics Touts 2005 Results as Expansion Continues

Service parts 3PL added more than two dozen stocking locations, extended operations into new countries

Service parts 3PL added more than two dozen stocking locations, extended operations into new countries

New York — January 17, 2006 — Service logistics specialist Choice Logistics this week touted its results for 2005, a year in which the company opened more than two dozen new stocking locations, while expanding its operations into several new countries.

Declaring 2005 its "strongest year ever," Choice said that 90 percent of the company's clients have renewed or expanded their investment in the provider's solutions. Choice said it currently is offering its services on a global scale to a majority of its client base.

"Two thousand five was a year marked by tremendous growth and expansion for Choice Logistics," said Michael Katz, CEO of Choice Logistics. "There are a lot of strategic developments taking shape in the service parts arena, and 2006 will see this trend continue with consolidation, partnering and market expansion leading the way."

Mike Parisi, director of global logistics for Choice customer Akibia, a provider of mission-critical data center support services, said that as his company continues to grow its business and expand its offerings, Choice has provided a consistently high level of service. "We are very confident in the strategy Choice has laid out for the coming year and look forward to expanding our partnership with Choice in 2006," Parisi said.

Choice said its supply chain solutions provide strategic asset management for companies that require same-day service. With over 285 strategic stocking locations (SSLs) in 38 countries, Choice said its network of secured sites provides local inventory management and expedited delivery services 24x7x365 for direct deployment of mission-critical parts.


Additional Articles of Interest

— Consumers spent nearly $28 billion on the "Black Friday" after Thanksgiving 2005, up 21.9 percent over 2004's results. Great news for retailers, but a potential nightmare for supply chain executives trying to get the right product on the right shelf at the right time. The lesson: Now is the time to plan for the next peak shipping season. Read more in the "Seasons' Peakings," the Executive Memo column in the December 2005/January 2006 issue of Supply & Demand Chain Executive.

— With its customers increasingly requiring new levels of connectivity, C&H Sugar deploys a 21st century IT infrastructure. Read more in "B2B Integration Spells Sweet Success," Best Practices article in the December 2005/January 2006 issue of Supply & Demand Chain Executive.

— Analyzing past transactional spend data will get you only so far in understanding and managing your company's future requirements for direct materials. A new approach to analyzing spend offers opportunities for targeting the most strategic spend categories. Read more in "Transactional Data Don't Equal Spend Visibility" in the December 2005/January 2006 issue of Supply & Demand Chain Executive.


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