As its lead logistics provider (LLP), Penske’s quality team of associates are trained in Six Sigma practices and work closely with Ford to streamline operations and create and maintain a more centralized logistics network.
Together, they uncovered several areas for real cost savings as a result of reducing inbound carrier discrepancies, eliminating unnecessary premium costs and reducing shipment overages.
Plus, Penske implemented accountability procedures and advanced logistics management technologies to gain more visibility of its overall supply network.
Challenges
To develop, implement and operate a centralized logistics network for Ford
To streamline supplier and carrier operations for improved performance and accountability
Solutions
Penske trained more than 1,500 suppliers on a uniform set of procedures and logistics technologies. Stringent carrier requirements and a Carrier Rating System were implemented to measure carrier performance.