Peri, the formwork and scaffolding specialist with operations around the world, said it won the Supply Chain Management Award 2016 at a ceremony held in Frankfurt, Germany recently.

The award, constituted by Strategy&, the global strategy consulting team at PwC, and industry trade journal Logistik Heute, aims to honour outstanding solutions in industrial value chains and the companies that exhibit perseverance or creativity in optimising their supply chain.

Peri, which sells and rents formwork and scaffolding systems for construction projects of all types and scales, won the award for its "Closed Loop Supply Chain" project.

It involved the development of a planning process for this cycle, including a software tool, to bring greater transparency to the global material flows at Peri’s 120 rental yards worldwide.

By completely integrating the solution into its production and procurement planning, the company was able to use its resources much more efficiently.

The award was presented on the sidelines of “Exchange – the Supply Chainers’ Conference” in the House of Logistics and Mobility (Holm) at Frankfurt after the four finalists – Arlanxeo, Henkel Adhesive Technologies, Peri and Recaro – presented their outstanding ideas live to the audience.

“Peri impressed the jury in all the evaluation criteria – strategy, processes, organization, and innovation,” explained juror Johannes Giloth, senior vice president for Global Operations at Nokia Solutions and Networks GmbH & Co. KG., who presented the award.

“The supply chain plays a critical role in the success of this company, and this project clearly shows that,” stated Giloth.

“With this outstanding solution, Peri has given us an impressive demonstration of how you can turn an unavoidable business process into a competitive advantage while enhancing efficiency and reducing material consumption,” emphasized juror Harald Geimer, a partner at PwC Strategy&.

Fellow juror Dr Petra Seebauer, publisher of Logistik Heute, adder her thoughts about the award-winning solution: “The way in which the process with all its data was modeled in a single software tool also showed that PERI was laying the foundation for the digitisation of its business processes.”

On the win, Dr Bernd Rosenkranz, the head of supply chain management at the Peri Group, said: "We are very proud to receive this award, which confirms our excellent position in the international marketplace of supply chain management."

"Our achievements to date underscore for us that supply chain management is a critical factor in our long-term success. The fact that the jury also honored this validates the extraordinary work of our international team," he added.-TradeArabia News Service