XPO Logistics, Inc. (NYSE: XPO), a leading global provider of transportation and logistics solutions, has been honored by Diebold, Incorporated (NYSE: DBD) with the 2016 Platinum Award for Supplier Excellence.
Diebold is recognized worldwide as a leader in innovative financial self-service, security, software and service solutions provided to financial, commercial, retail and other markets. XPO is one of only five suppliers in Diebold's history to receive the Platinum designation, which is the company's highest recognition of superior performance.
XPO provides Diebold with supply chain engineering, network management and transportation procurement through control tower operations in the United States, China and Hungary, as well as logistics services for the warehousing, assembly, staging and distribution of finished products and components. This is the second consecutive year that XPO has achieved Platinum status, following six Silver awards in a nearly decade-long relationship.
Linda Parcher, Diebold chief supply chain officer, said, "As our lead supply chain provider for outbound logistics, XPO has been integral to driving improvements that directly benefit our customers. The XPO team's focus on process innovation has reduced costs and shortened lead times for Diebold, contributing to our differentiation in the marketplace."
Ashfaque Chowdhury, XPO Logistics president-supply chain, Americas and Asia Pacific, said, "We're proud to once again be honored by Diebold with this distinguished award. It reflects our commitment to consistent execution, and the importance we place on listening to the voice of our customer across all functional groups and regions. We look forward to adding even greater value to Diebold's supply chain as we continue to work together."
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