Sofrigam SA Chooses ModusLink as Value Added Warehousing Partner
WALTHAM, Mass. & RUEIL-MALMAISON CEDEX, France, Jul 17, 2012 -- ModusLinkGlobal Solutions(TM) Inc. MLNK -0.31% today announced an agreement with Sofrigam SA to provide key warehousing, fulfillment and transportation services for Sofrigam's world-class pharmaceutical cold chain packaging products. ModusLink will help Sofrigam position their product closer to key customer sites and manage more frequent inventory call offs in line with customer demand.
Sofrigam designs and manufactures secure cold chain packaging solutions for biopharmaceutical manufacturers, with an added focus on payload efficiency and ease of use. Refrigerant containers and packaging materials are manufactured and tested to ISO quality standards in Sofrigam's facilities in Europe and North America. Sofrigam has selected ModusLink as its global distribution and fulfillment partner to strategically position materials closer to customer operations, improving response time and reducing their customers' inventory levels.
"ModusLink provides Sofrigam with immediate access to thirty warehouse and fulfillment sites in fifteen countries and will act as a virtual extension of our operations," said Christopher Day, vice president, North America, Sofrigam. "In our industry, value is added through sophisticated design and manufacturing. Global distribution is a must, but it doesn't make economic sense for us to do it ourselves. This partnership will give us flexibility to position inventory to best serve our customers throughout the world and will quickly enable the global expansion of our business as the market for temperature-sensitive shipping materials continues to grow."
"Sofrigam needed a highly reliable supply chain provider to manage complex international distribution and logistics for their pharmaceutical customers," said Thomas Nightingale, president, sales and marketing, ModusLink. "Our worldwide operations network is unified with a strong systems infrastructure and Lean Sigma-based operations that ensure the consistency and efficiency of our distribution services and is a perfect match for Sofrigam and other clients looking to expand their business globally."
Through its network of carriers, ModusLink delivers to 140 countries from 30 solution centers worldwide, all connected by a single technology infrastructure.
-- More on ModusLink's warehousing and fulfillment services
-- Details on ModusLink's factory supply solutions
-- ModusLink Sustainable Value Chain Solutions whitepaper
-- Value Unchained, the blog for supply chain professionals
Founded in 1979, Sofrigam is the oldest and largest pharmaceutical cold chain packaging company in Europe. Headquartered outside Paris, France, and manufacturing on multiple continents, Sofrigam provides a full range of custom and pre-qualified temperature controlled packaging solutions to the biopharmaceutical and premium food markets. Known for its technical expertise and new product innovations, Sofrigam's products range from individual pouches and bags for patients to transport their life-saving medications to full pallet systems used by global biopharmaceutical companies for exporting their products around the world. The new Frizbox(R) XXL is the only pallet shipper whose payload fits one full US-size pallet of product loaded by forklift, while its exterior footprint fits exactly four to an airline pallet. With its recently completed expansion, Sofrigam's laboratory, design and manufacturing facility in Monchy-le-Preux, France is the largest facility in the world dedicated solely to temperature controlled packaging. For more information about Sofrigam's industry-leading solutions, visit www.sofrigam.com .
About ModusLink Global Solutions
ModusLink Global Solutions Inc. designs and executes global supply chain strategies to solve clients' cost, time-to-market, customer satisfaction and revenue objectives. Our supply chain, aftermarket, e-Business and entitlement management solutions support the end-to-end product lifecycles of the world's leading companies. ModusLink has more than 25 years of experience executing complex supply chain processes such as sourcing, configuration and fulfillment. We can manage these critical functions seamlessly with a client's global e-Business initiative or an integrated aftermarket program, including alternative channel recovery for at-risk inventory. Backed by a footprint of more than 30 Solution Centers in 15 countries, ModusLink clients can react quickly to shifting market dynamics impacting value chain performance and revenues. For more information about ModusLink's flexible, scalable and sustainable solutions, visit www.moduslink.com or www.valueunchained.com , the blog for value chain professionals.
This release contains forward-looking statements, which address a variety of subjects including, for example, the expected benefits of the business relationship between ModusLink Global Solutions and Sofrigam. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: We are not designated as this client's sole supplier of the services referenced in this press release; We frequently sell to our clients, including the client referenced in this press release, on a purchase order basis and without contractual minimums and therefore our sales are subject to demand variability; Our success depends on our ability to execute on our business strategy and the continued and increased demand for and market acceptance of our solutions and services; Increased competition and technological changes in the markets in which we compete; and risks associated with international operations. For a detailed discussion of cautionary statements that may affect ModusLink Global Solutions' future results of operations and financial results, please refer to our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Forward-looking statements represent management's current expectations and are inherently uncertain. We do not undertake any obligation to update forward-looking statements made by us.
ModusLink Global Solutions is a trademark of ModusLink Global Solutions Inc. All other company names and products are trademarks or registered trademarks of their respective companies.
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SOURCE: ModusLink Global Solutions Inc.
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