RR Donnelley Pioneers New Supply Chain Paradigm by Managing 100% of Pearson’s Learning Materials for North America
January 12 2016 - 4:01PM
R. R. Donnelley & Sons Company (Nasdaq:RRD)
announced today that it has entered into an agreement with Pearson,
a leading company in education, business, and consumer publishing.
RR Donnelley will provide complete supply chain management of 100%
of Pearson's printed and other learning materials to include
procurement and manufacturing, warehousing and distribution, and
inventory management for Pearson's North American operations.
Pearson operates with 40,000 employees in more than 80 countries
focused on helping people make progress in their lives through
learning. The two companies have enjoyed a relationship for more
than 30 years.
This agreement will expand the relationship to combine print,
warehousing, fulfillment and supply chain management into a single
workflow designed to increase speed to market and improve
efficiencies across the distribution process. RR Donnelley will
utilize its extensive asset base and its proprietary CustomBuy®
e-procurement tool to efficiently source materials.
“We look forward to supporting Pearson with this work and to
welcoming these talented employees into our organization. Our
ongoing investments in our broad-based infrastructure are designed
to enable exactly this kind of innovative and scalable supply chain
solution," commented Dan Knotts, Chief Operating Officer of RR
Donnelley. “By optimizing Pearson’s strategic supply chain, we are
leveraging our comprehensive platform of products and services in
support of their growth strategy. Working together we can
create significant strategic synergies between our two
organizations.”
About RR DonnelleyRR Donnelley (Nasdaq:RRD)
helps organizations communicate more effectively by working to
create, manage, produce, distribute and process content on behalf
of our customers. The company assists customers in developing and
executing multichannel communication strategies that engage
audiences reduce costs, drive revenues and increase compliance. RR
Donnelley’s innovative technologies enhance digital and print
communications to deliver integrated messages across multiple media
to highly targeted audiences at optimal times for clients in
virtually every private and public sector. Strategically located
operations provide local service and responsiveness while
leveraging the economic, geographic and technological advantages of
a global organization.
For more information, and for RR Donnelley's Global Social
Responsibility Report, visit the company's web site
at http://www.rrdonnelley.com.
Use of Forward-Looking StatementsThis 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. Readers are
strongly encouraged to read the full cautionary statements
contained in RR Donnelley's filings with the SEC. RR Donnelley
disclaims any obligation to update or revise any forward-looking
statements.
Media Contact: Phyllis Burgee, Director Communications: Tel: +1 630-322-6093 E-mail: phyllis.burgee@rrd.com
Investor Contact: Dave Gardella, Senior Vice President Finance: Tel: +1 312-326-8155 E-mail: david.a.gardella@rrd.com
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