This significant award comes after several months of detailed negotiation and discussion between the companies. The implementation process has started and will be carried out in three phases and will be followed by a detailed evaluation of Volex supply chain management requirements globally. Panalpina was awarded the business based on competitive pricing and their capability to support Volex’s vision for future enhancements through Panalpina’s Supply Chain Management. This action is another step in Volex Group's vision of further globalizing its business processes across the group.
The Volex Group currently operates from 17 strategically located countries in Asia, Europe, North and South America. Volex provides global support to leading producers of computers, telecommunications systems and networking devices. In addition, the Group produces cable assemblies and electrical power cords for consumer products, medical and industrial applications.