Annual Report 2010 (PDF, 5.2MB) - Panalpina Annual Report 2012

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38 Automotive The automotive industry experienced an overall economic recovery in 2010 with nearly all sectors (OEM, tier and aftermarket segments) showing impressive recoveries throughout the year. This environment has fuelled trade and produced a generally strong growth of transported units, primarily in air freight but also in ocean freight. Within this dynamic market, Panalpina is a strong performer who has been able to retain its service level commitments and excellence towards its clients (large and small). Panalpina provides its automotive customers with transportation and logistics services that enable them to optimize their supply chains, to meet increasing tight production schedules and to operate successfully on the basis of lean inventory management. The automotive industry’s just-in-time and just-in-sequence supply systems, where the delivery of components from numerous companies in different countries must be carefully coordinated to ensure a smooth manufacturing and assembly process, requires expertise in information design, process planning and operations efficiency. Panalpina’s services deliver quality solutions at the lowest possible cost and yet with the flexibility demanded by the world’s leading vehicle manufacturers and their suppliers. By linking its core forwarding activities with targeted and integrated logistics services for its customers, Panalpina is looking forward to significant growth potential in its Automotive Industry Vertical. Panalpina Annual Report 2010
Customer Groups Customer case Cooper Standard 39 The customer The challenge Cooper Standard, headquartered in Novi, Michigan, is a leading global supplier of systems and components for the automotive industry. Products include body sealing systems, fluid handling systems and anti-vibration systems. Cooper Standard employs approximately 19,000 people globally and operates in 17 countries around the world. The recession that began in 2008 significantly impacted many industries, but hit the automotive sector particularly hard. Like many suppliers in the sector, Cooper Standard was impacted by the recession, but took swift action to offset the downturn and position the company for long-term success. The company first streamlined operating costs and then went through a successful financial restructuring in less than 12 months during 2009 – 2010 to reduce debt. These actions combined with improving vehicle sales and production volumes positioned the company for further growth and expansion. Starting in 2004, Cooper Standard began growing through strategic acquisitions and now has a global presence in all major automotive markets including the USA, Canada, Brazil, Mexico, Germany, China, and India. The company is consistently listed in the top 100 largest global automotive suppliers. Cooper Standard’s global growth has also created challenges. When a company becomes global quickly through acquisitions, it must become highly adept at integrating multiple IT platforms, consolidating plants, locations and equipment. To accomplish all of this, Cooper Standard needed an ideal logistics partner who understood the company, industry dynamics and was able keep pace with rapid expansion to meet customer needs. The solution It was clearly evident that Panalpina understood that specific industry knowledge within a vertical structure was essential and launched the Automotive Industry vertical segmentation in mid 2007. Cooper Standard became a partner with Panalpina for the first time in August of 2007. Panalpina’s unique ability to handle oversized freight, assembly line moves and intercontinental FLASH support on Cooper Standard’s dominant trade lanes has turned Panalpina into Cooper Standard’s primary forwarding solution provider in just three years time. With over 60 regular and sporadic lane pairs, Panalpina provides the entire palette of services to Cooper Standard including buyer consolidations, air freight, ocean freight and supply chain design. “To have a partner that truly understands our products and needs may not be that rare. To find a partner who is always available and executes its service with passion is rare, and that is why we use Panalpina.” Mike Silvio, Director, Supply Chain Management, Cooper Standard Panalpina Annual Report 2010
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Annual Report 2010 (PDF, 5.2MB) - Panalpina Annual Report 2012

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