DAMCO, one of the world’s leading providers of freight forwarding and supply chain management solutions, was honoured at the SCM Logistics Excellence Awards, held in conjunction with the 7th Annual SCM Logistics World Conference in Singapore.
The company won the "Supply Chain Best Partnership" award for outstanding contribution in supply chain partnerships.
"Damco is a provider of supply chain solutions and logistics services that have played a significant role in driving supply chain and logistics excellence in their client organisations, resulting in improved business performance," said Ms Lynette Han, conference organiser and General Manager, Terrapinn.
She stressed that the award illustrated the importance and significance of supply chain partnerships, particularly during volatile economic scenarios and when facing fast-changing market demands. "Winners of this award are organisations who have gone beyond the conventional terms of their contracts and business deals to help and support their clients in mitigating the challenges of a volatile economy, as well as the ever-changing business and consumer landscape," she added.
Delegates at the conference and supply chain practitioners around the world cast their votes through a global voting system. Organisations were voted based on their track record in assisting clients to cut supply chain and logistics costs, and develop an integrated supply chain. Companies were also assessed on service performance in terms of credibility, reliability and capability to provide end-to-end supply chain solutions. Quantifiable results that succeeded in developing mutually beneficial partnerships to strengthen the client’s commercial objectives were also taken into consideration.
"We are very proud to receive this award. We are working to put the customer at the centre of all our activities, and this shows we are on the right track. The key is to constantly improve services. Another good indicator is that our 2011 customer satisfaction survey shows increased customer satisfaction for the 4th consecutive year," said Mr Martin Thaysen, Global Chief Commercial Officer, Damco.
The SCM Logistics World Conference, held at the Marina Bay Sands, brought together more than 500 executives from the supply chain and logistics industry.
Source : Exim News Service - COPENHAGEN, Nov. 27
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