Home Depot Outsources Warehouse Operations to Ryde
Miami, FL, August 26--Ryder, a provider of supply chain, warehousing and transportation management solutions, said it has been awarded a multi-year contract by Home Depot.
Under the contract, Ryder will provide third party logistics (3PL) services including warehouse management and equipment management for Home Depot's Atlanta and Dallas distribution centers. The operation will be a phased implementation that is expected to be complete in September 2005.
The two new facilities, totaling more than two million square feet, are designed to accelerate product deliveries and improve order cycle times to stores. The improved flow-through will support The Home Depot's strategy for growth and improved customer service.
Commenting on the contract, Ryder president of U.S. Supply Chain Solutions Tony Tegnelia said, "We are very pleased to announce our partnership with The Home Depot through the opening of two new facilities specifically designed to meet their U.S. expansion plans. This will be an excellent catalyst for our partnership to continue to grow and prosper as well as improve service to their stores."
