Federal Express 2006 Annual Report Download - page 20

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Increase speed while reducing
inventory carrying costs.
FedEx always has the right solution. Our customers
expect our product right when they need it, and FedEx
lets us meet their expectations.
— J.H. “ Ben” Hur, Manager, PI Group, Samsung Electronics Logistics
Consumer electronics, from laptops to mobile phones, are some of today’s
most valuable goods, and they are also among the most perishable. Personal
computers alone have been estimated to lose about two percent of their value
each week after leaving the assembly plant. All the more reason for a manufacturer
like Samsung to get components exactly where they’re needed exactly when
they’re needed. FedEx Express helps Samsung ensure that supply matches
demand by operating the industry’s first direct flight between mainland China
and Europe.
The FedEx Express daily westbound around-the-world flight connects Shanghai,
China, to Frankfurt, Germany, and North America. It allows Samsung to produce
chips in China and deliver them quickly — and on short notice — to assembly
lines in key manufacturing zones, making production more efficient. For Samsung,
one of the world’s leading producers of computer memory chips, digital TVs and
mobile phones, the service helps avoid millions in inventory carrying costs.
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