- GE Recognized for Uniquely Implementing Right Tools to Improve Operational Effectiveness
- Award Reflects GE’s Commitment to Continuously Improve its Global Supply Chain Capabilities
NEW ORLEANS-October 20, 2014-GE Oil & Gas (NYSE: GE) is pleased to announce it has won the APICS Corporate Award of Excellence in Innovation for its commitment to advancing supply chain and operations management, with a specific focus on its Turbomachinery Solutions business. The award was announced at APICS 2014, the premier industry event for supply chain and operations management.
“We are honored to receive the APICS Corporate Award of Excellence in Innovation. This award recognizes our commitment to continuously improve how we combine our skilled workforce with the latest technologies and local supply chain investments to deliver our products and services on time and on budget for our global customer base,” said Jim Apostolides, materials manager, Global Supply Chain-GE Oil & Gas.
Honored companies were selected based on contributions and innovation excellence in the field of supply chain and operations management. GE Oil & Gas was specifically recognized for uniquely implementing the right tools to improve operational effectiveness.
“GE Oil & Gas’ Turbomachinery Solutions business operates in an extremely complex supply chain and offers wide product ranges and high degrees of customization,” said Lorenzo Romagnoli, materials manager, Turbomachinery Solutions, GE Oil & Gas. “We therefore place a great deal of focus on materials management excellence. In just five years, we have successfully developed, tested, validated and activated critical new processes and tools-replacing ways of operating and thinking that have been around for decades. We’ve drawn extensively from the APICS body of knowledge to improve the efficiency and overall quality of our operations and supply chain management capabilities.”
“We were very pleased to award the APICS Corporate Award of Excellence in Innovation to GE Oil & Gas,” said APICS Chief Executive Officer Abe Eshkenazi, CSCP, CPA, CAE. “The importance of an organization’s dedication to its supply chain teams cannot be understated. GE Oil & Gas Turbomachinery is a shining example of how supply chain excellence is fueled by engaged, strategically focused professionals. We are proud to be their partner in success.”
About APICS
APICS is the leading professional association for supply chain and operations management and the premier provider of research, education and certification programs that elevate supply chain excellence, innovation and resilience. APICS Certified in Production and Inventory Management (CPIM) and APICS Certified Supply Chain Professional (CSCP) designations set the industry standard. With over 40,000 members and more than 250 international partners, APICS is transforming the way people do business, drive growth and reach global customers. For more information, visit apics.org, join the APICS LinkedIn group at apics.org/linkedin, and follow APICS on Twitter at twitter.com/APICS.
About GE
GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.
About GE Oil & Gas
GE Oil & Gas works on the things that matter in the oil and gas industry. In collaboration with our customers, we push the boundaries of technology to bring energy to the world. From extraction to transportation to end use, we address today's toughest challenges in order to fuel the future. Follow GE Oil & Gas on Twitter @GE_OilandGas.
For more information, contact:
Barbara Del Sala Blair Poloskey (for APICS)
GE Oil & Gas Vice President
T: +39 055 4586980 INK: PR + Brand + Social
M: +39 342 5635184 +1 512 382 8983
[email protected] [email protected]