STOCK TITAN

Flex receives 4th consecutive Lenovo EMEA Logistics Supplier of the Year Award

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Flex has been awarded Lenovo EMEA Logistics Supplier of the Year for the fourth consecutive year, recognizing its effective fulfillment services that adapt to changing market demands. The award was presented at Lenovo's recent Global Logistics Suppliers Conference, highlighting Flex's ability to enhance Lenovo's supply chain amid significant challenges. Flex's services facilitated increased volumes across Lenovo's various business lines, including PCs and mobile devices, showcasing the company's resilience in a volatile market.

Positive
  • Awarded Lenovo EMEA Logistics Supplier of the Year for four consecutive years.
  • Facilitated increased product volumes for Lenovo in a challenging supply chain environment.
  • Recognized for outstanding performance among competitive partners.
Negative
  • None.

SAN JOSE, Calif. and VENRAY, The Netherlands, Aug. 1, 2022 /PRNewswire/ -- For the fourth year in a row, Flex (NASDAQ: FLEX) has been named as Lenovo EMEA Logistics Supplier of the Year. The award is recognition of Flex's ability to create a seamless experience for companies and their customers that is resilient and adaptable to rapidly changing global end market demands.  The award was presented at the Lenovo EMEA Global Logistics Suppliers Conference attended by Lenovo's connected partner network.

Flex's value added fulfilment services, which include vendor managed inventory, warehousing, fulfilment and last mile distribution, helped Lenovo deliver increased volumes across their PC & Smart Devices, Mobile, Server and Cloud business in what was a dynamic and highly challenging supply chain environment.

Speaking at the virtual Lenovo Supplier Conference, where the theme was resiliency, intelligence and ambition, Lenovo Head of Global Logistics, Gareth Davies, said, "Never has there been greater challenges in the logistics space. There are multiple hurdles, including unprecedented supply and demand volatility, and significant transportation constraints. To these the Flex team really responded. Every one of our partners raised their game to help Lenovo navigate a volatile, high volume and challenging year, but Flex won out against strong competition for their outstanding performance."

Commenting on the award, Pat Ring, senior vice president and general manager for Flex Global Services and Solutions, said, "We are honored to receive this award from our valued partner Lenovo. I am proud of the hard work and dedication of our teams across EMEA, in what was another highly unpredictable year for supply chains. Our team truly demonstrated our capability to be a trusted partner for a market-leading brand who needed to move fast, retain operational resiliency and maintain its competitive advantage."

Over 11,000 employees across 30 countries in Flex Global Services and Solutions (GSS) help customers manage how their products exist in the world through a range of value added services including fulfillment, logistics, aftermarket services and circular economy solutions.

About Flex

Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world. Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets.

Media & Press
Conor Phillips
Director, EMEA Communications
(353) 86 385-1677
Conor.Phillips@flex.com 

Investors & Analysts
David Rubin
Vice President, Investor Relations
(408) 577-4632
David.Rubin@flex.com

New Flex Logo. (PRNewsFoto/Flex)

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/flex-receives-4th-consecutive-lenovo-emea-logistics-supplier-of-the-year-award-301596805.html

SOURCE Flex

FAQ

What is the significance of Flex being named Lenovo's EMEA Logistics Supplier of the Year?

This recognition underscores Flex's effective logistics services, enhancing Lenovo's supply chain resilience during fluctuating market demands.

When was Flex awarded Lenovo EMEA Logistics Supplier of the Year?

Flex received the award on August 1, 2022, at the Lenovo EMEA Global Logistics Suppliers Conference.

What role did Flex play in Lenovo's supply chain success?

Flex provided value-added fulfillment services that helped Lenovo handle increased volumes across various product categories.

How has Flex adapted to global supply chain challenges?

Flex has demonstrated adaptability by offering robust logistics solutions that meet rapidly changing market conditions.

What was the theme of the Lenovo Supplier Conference where Flex was recognized?

The theme was resiliency, intelligence, and ambition, highlighting the importance of strong partnerships in logistics.

Flex Ltd. Ordinary Shares

NASDAQ:FLEX

FLEX Rankings

FLEX Latest News

FLEX Stock Data

15.94B
384.97M
0.68%
103.12%
2.47%
Electronic Components
Printed Circuit Boards
Link
United States of America
SINGAPORE