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Further supply chain investment for Bidvest
A proposed amalgamation of Bidvest-owned Safcor Panalpina and Rennies Distribution Services (RDS), scheduled to take place on 1 December 2011 (subject to the necessary approvals) will create a combined entity with an impressive global service offering, says the new company's MD James Reddy.
"Over the past few years RDS and Safcor Panalpina have played significant roles in contributing positively to the performance of the Bidvest Freight Division," he said. Bidvest Panalpina Logistics - the new company - will operate from 26 South African locations with a joint national staff complement of close on 1500. "With many of our clients requiring a more integrated supply chain and logistics service offering," Reddy added, "it was a logical conclusion to bring the two companies together."
Reddy says both companies have similar business models in that they each offer dedicated client solutions as well as multi-principal and volume-based service offerings. In addition to this, Safcor Panalpina recently invested in a world class operating system whilst, at the same time, RDS has invested in more innovative warehousing and transport management systems.
Read the full article on http://ports.co.za.
