Ryder System, a provider of supply chain, warehousing and transportation management solutions, has announced that Lear Corp., a supplier of automotive interior systems and components, has selected Ryder as its third-party logistics provider for North America.
“Ryder looks forward to implementing best practices and processes throughout Lear’s transportation operations to help Lear continue to build on its reputation for high quality in the automotive industry,” says Tom Jones, senior vice president of supply chain solutions, automotive, aerospace and transportation management for Miami-based Ryder.
Under the multiyear contract, Ryder will provide logistics engineering and network design for product into Lear’s 75 plant locations. Ryder also will provide procurement of transportation, thereby leveraging its buying power in the industry to provide Lear with negotiated rates and service, routing instructions and compliance management.
“Our decision to outsource supply chain management was taken after reviewing market tendencies and total supply chain functionality,” says John Lacny, Lear’s director of global logistics and transportation. “After an extensive review and tender process, we selected Ryder based on their integrated network optimization solutions and vast experience in the automotive industry. They have a proven track record in leveraging and combining synergies in their managed network that will engineer cost containment and reductions for Lear, while at the same time bringing us greater end-to-end supply chain visibility.”