Friday, February 13, 2015

UTi Worldwide reorganizes operating structure



Supply chain services company UTi Worldwide has reorganized its corporate and freight forwarding operating structure in order to respond more swiftly to their clients’ needs, according to a company release.

As outlined in the company's 8-K filing on January 27, the change allows local teams to make decisions faster in response to client and market needs. Under the new structure, each local leader has the ability to leverage UTi's global forwarding network while using the experience and knowledge of their team to serve

the client.

"We possess an entrepreneurial energy that we can unleash within the framework of our improved network tools and processes," said UTi Chief Executive Officer Ed Feitzinger.

Feitzinger said enabling local teams to make decisions utilizing agreed-upon principles is designed to improve service, achieve better cost management and boost margins.


More Techwire stories

5 new COSCO container ships to feature Wärtsilä engines

Kalmar secures $45M in orders for terminal tractors

Researcher: Supply chain sector must pursue real-time response to cyber-threats

New ecofriendly ship engine developed in Denmark (video)