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TheStreet Open House

AGCO And BVL International Host Supply Chain Event

Stocks in this article: AGCO

AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and BVL International hosted a reception and open house for the BVL International “Supply Chain Event ” at the AGCO Corporate headquarters in Duluth, GA. The event was attended by logistics service providers, education/academic representatives and students, Georgia Port Authority, regional chambers of commerce, supply chain professionals and consultants from the private sector in the Southeastern United States. The “Supply Chain Event” was set to introduce BVL International and its membership offerings, and also announce the AGCO Long Term Supply Chain Strategy.

Josip T. Tomasevic, BVL US Southeast Chapter Vice Chairperson and AGCO Vice President & CPO, Global Purchasing and Materials said, “The BVL is a non-profit organization dedicated to promoting awareness of the importance of logistics and supply chain management in industry, science and the public sphere. The organization goes beyond simple networking to include systematically documenting logistics issues and to develop methods and processes to reduce or eliminate the impact of these issues. The BVL plays a major role in Europe and the organization goals and methods will benefit us in the North America just as well.”

The event was part of a weeklong BVL International series of events held across the southeast United States.

The BVL International “Supply Chain Event” included a number of Logistics and Supply Chain presentations including Monica Franco, Panalpina Vice President who presented current trends in global logistics and Scott Szwast, UPS Marketing Director who presented future trends in global logistics.

Hans-Bernd Veltmaat, AGCO Senior Vice-President and Chief Supply Chain Officer, presented AGCO Corporation’s Long Term Supply Chain Strategy and defined the criticality of having an efficient globally integrated Supply Chain network in place.

AGCO has recently launched its Global Materials Management Transformation initiative that will transform AGCO’s current Materials Management structure into a Globally Integrated Supply Chain Network that will utilize innovative tools and processes in support of the Corporation’s long term strategy. Greg Toornman, Director, Global Materials, Logistics, and Freight Management, is leading the transformation initiative and presented one of AGCO’s recently implemented innovative initiatives to improve the Supply Chain integration of AGCO’s North America, South America, and European regions.

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