United Effort Leverages Logistics and Parts Planning Expertise to Provide Optimized Reverse Logistics Solutions
UPS (NYSE: UPS) today announced that it has formed a strategic collaboration with Jabil Circuit, Inc. (NYSE: JBL). UPS's logistics and distribution business unit and Jabil Aftermarket Services will provide optimized reverse logistics solutions for return and repair programs to high-tech original equipment manufacturers, service providers and enterprises on a global scale.
By combining UPS's warehousing, transportation, returns management and trade compliance capabilities with Jabil's reverse logistics planning, repair and call center support, the UPS/Jabil collaboration provides a turn-key supply chain model that can drive efficiencies, reduce vendor complexity and enhance customer service.
"Jabil is excited to collaborate with UPS," said Hartmut Liebel, chief executive officer, Jabil Aftermarket Services. "By leveraging Jabil's and UPS's complementary aftermarket services and logistics expertise, customers now have access to a comprehensive suite of services from one source that meets all of their unique reverse logistics needs."
The collaboration, supported by Jabil's and UPS's integrated systems and capabilities, provides flexible service models that accommodate customer return and repair demands that includes providing high-tech companies with access to strategically-located repair and distribution facilities near their customer base. Specifically, the joint UPS/Jabil reverse logistics portfolio includes: order fulfillment, next and same day transportation, returns processing, whole unit and component repair, assembly, procurement and vendor management, planning and inventory funding, call center and tech support, trade compliance and the use of The UPS Store locations for product pick-up or drop-off.
"Our customers' supply chains are becoming increasingly complex," said Brad Mitchell, president of UPS global logistics and distribution. "They are looking for industry-leading high-tech aftermarket solutions to build more flexibility and convenience into their returns process. The fact that UPS's collaboration with Jabil already has resulted in success with several world-leading organizations, such as Dell Computers, highlights the value this solution can offer."
"Dell has always been an innovator in the service parts reverse logistics solutions space. A clear example of this is when companies like Jabil and UPS are encouraged to come together and leverage their functional expertise on behalf of Dell customers," said Timmy O'Dwyer, executive director, Dell Services Supply Chain.
UPS and Jabil are uniquely positioned to provide customized local services with more than 58,000 retail access points, over 15 million square feet of UPS global High-Tech distribution space and 55 Jabil service centers in 21 countries.
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Jabil (NYSE: JBL) is an electronic product solutions company providing comprehensive electronics design, manufacturing and aftermarket product management services to global electronics and technology companies. Offering complete product supply chain management from facilities in 29 countries, Jabil provides comprehensive, individualized-focused solutions to customers in a broad range of industries. Jabil common stock is traded on the New York Stock Exchange under the symbol, "JBL". Further information is available on Jabil's website: jabil.com.
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. UPS was awarded America’s Best Customer Service company for Shipping and Delivery services by Newsweek magazine; Fortune magazine’s Most Valuable Brand in Transportation; and top rankings on the JUST 100 list for social responsibility, the Dow Jones Sustainability World Index, and the Harris Poll Reputation Quotient, among other prestigious rankings and awards. The company can be found on the web at ups.com or pressroom.ups.com and its corporate blog can be found at longitudes.ups.com. The company’s sustainability eNewsletter, UPS Horizons, can be found at ups.com/sustainabilitynewsletter . To get UPS news direct, follow @UPS_News on Twitter.
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