MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced that it will participate at the RILA (Retail Industry Leaders Association) 2018 Retail Supply Chain Conference, which will take place February 25-28, 2018, at the Phoenix Convention Center in Phoenix, AZ.
Ryder Vice President and General Manager for Retail and Consumer Brands, Tom Kretschmer, will moderate a panel session titled “Sneak Peek into the Future: Digital Supply Chain.” In addition, Ryder Group Director for Product Development and Innovation, Tom Kroswek, will be a panelist on the same session where the two Ryder logistics experts will discuss how future supply chains will rely on a strategic mix of innovative technology to deliver end-to-end execution, control, and agility. The session, which will be held on February 26 at 3pm CST during RILA, will explore supply chain innovations, such as smart warehousing technology, real-time visibility, big data, and the digital supply chain as well as discuss how they’re expected to improve efficiency, visibility, accuracy, and flexibility for customers within the retail industry. Attendees can also learn more about Ryder’s digital supply chain solutions during RILA by visiting the Company’s booth #627.
Ryder has launched and supported the development of several innovative solutions within the supply chain and logistics industries. In 2017, Ryder announced RyderShare™, a cloud-based platform that provides real-time shipment visibility, predictive alerts, and exception dashboards. Ryder collaborated closely with several customers who were seeking greater network visibility and proactive event management around their shipments in order to make critical decisions around factors that impact their business. Ryder’s deep engineering expertise, combined with features that enable real-time exception handling, routing, and analytics, has established RyderShare as the ultimate tool in logistics network management and customer service.
Ryder has also implemented several innovative technologies into its customers’ supply chain operations such as transportation asset and identity tracking pilots which offer greater visibility into tracking trailer conditions as well as monitoring location, utilization, and load temperatures. The Company is also utilizing remote controlled aerial drones to assist with monitoring inventory levels and auditing as well as autonomous forklift systems, wearable technology, and robotics to supports its warehouse management solution.
Ryder Supply Chain Solutions optimizes logistics networks to make them more responsive and able to be leveraged as a competitive advantage. Globally-recognized brands in the automotive, consumer goods, food and beverage, healthcare, industrial, oil and gas, technology, and retail industries rely on Ryder’s leading technologies and world-class logistics engineers to help them deliver the goods that consumers use every day.
Operating 207 facilities with 50 million square feet of warehouse space, Ryder offers flexible solutions as well as end-to-end visibility – no matter how challenging or diverse the storage and distribution needs may be. The Company, founded in 1933, operates behind the scenes, managing critical transportation and logistics functions for more than 50,000 customers, representing many of the world’s best-known brands. Ryder employs 36,100 people and manages a fleet of 240,600 commercial vehicles.
RILA’s Logistics Conference is the undisputed leading event for retail and consumer product executives in logistics, distribution, and supply chain management. The conference brings together representatives of all major retail and consumer product segments, along with relevant solutions providers, to create an exceptional educational and networking opportunity. For more information, visit www.retailsupplychain.org.
Ryder is a FORTUNE 500® commercial fleet management, dedicated transportation, and supply chain solutions company. Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation Average and the S&P MidCap 400® index. Ryder has been named among FORTUNE’s World’s Most Admired Companies, and has been recognized for its industry-leading practices in third-party logistics, environmentally-friendly fleet and supply chain solutions, and world-class safety and security programs. The Company is a proud member of the American Red Cross Disaster Responder Program, supporting national and local disaster preparedness and response efforts. For more information, visit www.ryder.com, and follow us on our Online Newsroom and social media pages: Facebook, LinkedIn, Twitter, and YouTube.
Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise