Super Group wins R120 million supply-chain contrac
Super Group wins R120 million supply-chain contract with Nike
Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
(Share code: SPG)
("Super Group")
(ISN number: ZAE000011334)
Super Group wins R120 million supply-chain contract with Nike
Super Group"s supply chain management business today announced the award of a
five-year supply chain outsourcing contract with Nike South Africa. The
contract, which commenced on 1 September 2003, will be worth in excess of R120
million. Nike South Africa have centralized four distribution centres into one
which will now be managed by the Super Group Supply Chain Management (SGSCM)
division.
Larry Lipschitz, Executive Chairman of Super Group, said "Our consistent focus
on providing the widest range of integrated supply chain services is producing
significant benefits for our clients and real growth for Super Group. Our unique
combination of innovation and operational excellence is helping customers to
reduce costs and improve service levels".
Ross Smith, Managing Director Nike South Africa commented, "Nike SA made a well-
considered decision to outsource components of our supply chain to a third party
vendor. It was always clear that we needed to acquire a new Warehouse Management
System, but the more we researched this, the clearer it became that this could
be run more effectively by a Smart Partner, who had this core competency. This
resulted in the appointment of Super Group Supply Chain Management. We have no
doubt that they will reinforce our objectives of continual reassessment and
improvement on our service levels."
30 September 2003, Johannesburg, South Africa.
Sponsor: Deutsche Securities (SA) (Proprietary) Limited
Date: 30/09/2003 12:35:41 PM Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
