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Italian whitegoods logistics deal

PRESS RELEASE

September 22, 2014: CEVA Logistics, one of the world's leading supply chain companies, has signed a five year partnership with BSH Bosch and Siemens Home Appliances Group, the largest appliances manufacturer in Europe, for warehousing and distribution in Italy.

CEVA will handle the warehousing and kitting of BSH products and the reverse logistics flow and provides a range of value-added services as packaging and home delivery.

The national distribution hub for BSH products will be CEVA's TechCity, a 90,000 sq m warehouse located in Pognano, in the province of Bergamo, fully dedicated to the warehousing, handling and cross docking of products for the electronics sector. BSH will cover a warehouse space of 25,000 sq m with a volume of about 460,000 cbm per year.

"By outsourcing our logistics activities to CEVA, we have significantly gained visibility and flexibility in our supply chain. CEVA and BSH share a common appreciation of continuous improvement and partnerships and we are therefore delighted to partner with CEVA" said Mario Franzino, Managing Director for BSH Italy.

"We are proud to be appointed as a strategic partner for BSH" said Antonio Ascari, CEVA's VP Business Development, Italy. "Through systematic pursuit of our LEAN principles and our constant focus on operational excellence, we are able to deliver value to BSH".

CEVA's TechCity provides real benefits for customers in term of productivity, high levels of service and sustainability. For electronics companies, this means reduced costs and greater flexibility in their supply chain. Through this hub, CEVA offers comprehensive coverage of all supply chain activities including the consolidation of small pieces, Full Truck Load (FTL) transport, technical courier services and a security system specifically designed for this sector.

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