LSC Communications Enters a Strategic Supply Chain Solution Agreement with The United Methodist Publishing House
October 18 2016 - 4:01PM
Business Wire
LSC Communications, Inc. (NYSE: LKSD) announced today
that it has been awarded a strategic agreement that expands its
relationship with The United Methodist Publishing House (UMPH).
Under the terms of the agreement, the Company will provide book
fulfillment and distribution services for UMPH. LSC offers
comprehensive supply chain solutions tailored to the needs of
publishers, with a wide range of warehousing and distribution
services including B-to-B and direct-to-consumer fulfillment, order
management, product assembly, inventory management, specialized
reporting and logistics services.
“Dramatic changes in the publishing and distribution industries
require that we focus on our essential core competencies and
partner with others for supporting functions that they can provide
more efficiently and economically,” said Tammy Gaines, CFO of UMPH.
“Our retail customers will receive outstanding service through this
relationship.”
Headquartered in Nashville, TN, The United Methodist Publishing
House is a publisher and distributor to Christian clergy and laity,
with primary responsibilities for the publishing and distribution
for The United Methodist Church. UMPH’s primary channels include
the work of Cokesbury, Abingdon Press and the Common English
Bible.
“Our specialized book fulfillment services are designed to
enable book publishers to better manage inventory, improve fill
rates and reduce freight costs while freeing up capital to focus on
their core business,” said Dave McCree, President of the Book and
Directory divisions at LSC Communications. “We look forward to
serving UMPH with creative solutions to drive additional value from
their supply chain while providing exceptional service to their end
customers.”
About LSC Communications
LSC Communications (NYSE: LKSD) is a global leader in
traditional and digital print, print-related services and office
products that serves the needs of publishers, merchandisers and
retailers. The Company’s service offering includes e-services,
warehousing and fulfillment and supply chain management. LSC
utilizes a broad portfolio of technology capabilities coupled with
consultative attention to clients' needs to increase speed to
market, reduce costs, provide postal savings to customers and
improve efficiencies. Strategically located operations provide
local service and responsiveness while leveraging the economic,
geographic and technological advantages of an international
organization.
For more information about LSC Communications, visit
www.lsccom.com.
Forward-Looking Statements
This news release may contain "forward-looking statements"
within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended, and the U.S. Private Securities Litigation Reform
Act of 1995. Readers are cautioned not to place undue reliance on
these forward-looking statements and any such forward-looking
statements are qualified in their entirety by reference to the
following cautionary statements. All forward-looking statements
speak only as of the date of this news release and are based on
current expectations and involve a number of assumptions, risks and
uncertainties that could cause the actual results to differ
materially from such forward-looking statements, including risks
associated with the ability of LSC Communications to perform as
expected as a separate, independent entity and risks associated
with the volatility and disruption of the capital and credit
markets, and adverse changes in the global economy. Readers are
strongly encouraged to read the full cautionary statements
contained in LSC’s filings with the SEC. LSC disclaims any
obligation to update or revise any forward-looking statements.
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version on businesswire.com: http://www.businesswire.com/news/home/20161018006636/en/
LSC Communications, Inc.Janet Halpin, 312-326-8742SVP Treasurer
and Investor Relationsjanet.m.halpin@lsccom.com
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