GENCO Recognized as Best-in-Class
August 12 2015 - 9:00AM
Business Wire
GENCO Provides Award-Winning Contribution to
Sears Holdings Transformation Initiatives
GENCO, A FedEx Company, has been recognized by Sears Holdings
with a Partners in Transformation award based upon service
innovation, financial performance, collaboration and exceptional
in-store and online experience delivered.
Sears Holdings presents its prestigious Partners in
Transformation award to a select group of companies that excel in
supporting the transformation of Sears Holdings through innovation
around integrated retail and the Shop Your Way™ program. Of the
more than 30,000 companies that work with Sears Holdings, fewer
than one half of one percent (.5%) receive the award.
“These awards recognize our top-performing organizations that
support our transformation in becoming a leader in integrated
retail,” said Ivan Tchakarov, vice president, Sears Holdings.
“Through our continued collaboration, we will be able to more
effectively leverage the breadth of our portfolio and the power of
our brands to better meet the needs of our Shop Your Way
members.”
GENCO managed the redeployment of more than 1.1 million pieces
of inventory, managed the relocation of a jewelry returns center
and the streamlining of Sears’ merchandise returns operations, plus
set up triage and light repair operations that yielded higher
salvage recovery on items returned.
Mike Simpson, vice president, GENCO retail logistics, accepted
the award. “GENCO specializes in building tailored solutions for
companies like Sears,” Simpson said. “The mission of GENCO is to
provide value to our customers and be the partner of choice, so we
are especially proud and pleased to receive this award.”
About GENCO
GENCO, a subsidiary of FedEx Corp. (NYSE: FDX), is a leading
supply chain solution provider specializing in product lifecycle
logistics® for technology, retail, consumer and industrial goods,
and healthcare industries. Operating more than 38 million square
feet throughout North America, GENCO provides a comprehensive range
of integrated logistics services to enable growth, minimize cost,
mitigate supply chain risk, and improve customer service. Services
include inbound logistics, warehousing and distribution,
fulfillment, contract packaging and product configuration, systems
integration, returns processing and disposition, test, repair,
refurbishment, product liquidation, and managed transportation.
Visit genco.com, gencomarketplace.com, and nobetterdeal.com for
more information.
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version on businesswire.com: http://www.businesswire.com/news/home/20150812005251/en/
GENCOWendi Nolan, 901-786-4177Wendi.nolan@genco.com
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