UPS Expands European Field Stocking Locations to Support Medical Device Industry
June 30 2016 - 9:30AM
UPS (NYSE: UPS) today announced the expansion of its medical device
field stocking locations (FSLs) in Europe, to reduce delivery time
and increase inventory visibility. FSLs are strategically located
facilities designed to support the time-sensitive distribution and
efficient warehousing of products to help companies get products to
their customers faster while better managing inventory costs,
regulatory compliance and end-to-end visibility.
This announcement follows the 2014 launch of a fully
healthcare-compliant network of medical device FSLs in the U.S.
With this Europe expansion, UPS has strengthened its global network
which helps field service representatives provide best-in-class
service to their customers, and gain efficiencies. Customers have
the ability to store devices closer to hospital settings when time
is of utmost importance. All of UPS’s facilities are enabled by
industry-leading quality assurance and compliance programs, and
fully integrated into UPS’s global transportation network.
FSL sites around the world including Europe are equipped with a
quality management system that includes temperature monitoring and
visibility into product expiration, making UPS’s field stocking
sites a cost-effective and practical solution.
“A significant portion of medical devices are routinely stored
in the trunks of field sales representatives’ vehicles, or what’s
called in the industry ‘trunk stock,’ ” said Jan Denecker, director
of healthcare marketing and strategy, UPS Europe. “This leads to
inflated inventories with little to no visibility and less than
optimal storage conditions. UPS’s FSL network helps solve these
challenges for medical device manufacturers.”
This marks the latest in a series of recent expansions in
Europe, including acquisitions of specialized healthcare logistics
provider Poltraf in Poland and Polar Speed in the UK. UPS also
opened an air freight forwarding facility at Amsterdam Airport
Schiphol that is regulatory compliant and temperature-controlled,
and expanded its European healthcare distribution campus in
Roermond.
“UPS’s ongoing investments in Europe demonstrate our commitment
to providing the right global solutions healthcare and life science
companies require to meet demand,” said Geoff Light, UPS vice
president of healthcare strategy.
UPS has more than 50 healthcare-dedicated warehousing and
distribution facilities worldwide that protect high-value and
temperature-sensitive products and speed distribution to end
providers. The company’s healthcare solutions also include a full
suite of UPS Temperature True® packaging, transportation and risk
mitigation solutions.
UPS's FSL network, which includes more than 1,000 locations
globally, has been in operation since 1995 and is utilized by
multiple industries, including high-tech, telecommunications,
aerospace, industrial, automotive and non-regulated medical device
manufacturers.
For more information on UPS’s healthcare logistics solutions,
visit: www.ups.com/healthcare.
About UPS
UPS (NYSE: UPS) is a global leader in logistics, offering a
broad range of solutions including transporting packages and
freight; facilitating international trade, and deploying advanced
technology to more efficiently manage the world of business.
Headquartered in Atlanta, UPS serves more than 220 countries and
territories worldwide. The company can be found on the web
at ups.com® and its corporate blog can be found
at longitudes.ups.com. To get UPS news direct,
visit pressroom.ups.com/RSS or follow
@UPS_News.
David Graves, UPS Public Relations
davidgraves@ups.com
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