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Article: Key Safety Systems Selects Penske Logistics to Drive Efficiencies in its Chinese Supply Chain.
- Article from:
- PR Newswire
- Article date:
- June 12, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SHANGHAI, China, June 12 /PRNewswire/ -- Penske Logistics today announced it secured a multiyear logistics contract with Key Safety Systems, Inc. (KSS), a leading, global designer and manufacturer of safety-critical components and systems, including airbags, seatbelts and steering wheels. Penske will drive KSS' logistics efficiencies within its growing presence in the Chinese marketplace. Financial terms were not disclosed.
"Our decision to outsource to Penske was driven by the increasing complexity in coordinating shipments from numerous suppliers in the Asia-Pacific region," said Steve DuBuc, Senior Vice President of Global Purchasing for Key Safety Systems, ...