Princess presents award to Palletways
Palletways, the UK's largest palletised freight network, has won an operational excellence accolade at this year's Chartered Institute of Logistics and Transport awards.
The award was presented to Craig Hibbert by The Princess Royal and the institute's president, Beverley Bell.
The win was in response to the firm's launch of its Vision 20:20 strategy – its largest single development undertaken by Europe's premier palletised express freight network.
Palletways' Vision 20:20 strategy, of which the digital information hub is one element, beat stiff competition from across the country to win the award.
An industry first, Vision 20:20 is Palletways strategic approach to increase efficiency, add value for both members and customers and ensure the company maintains its number one market position.
The hub, a first for the industry, provides extensive operational and customer data in real-time to improve processes, communication, traffic planning and vehicle utilisation.
Craig Hibbert, group member development director for Palletways, which was founded in 1994 and has its headquarters at Fradley, near Lichfield, said award judges praised the impact of the innovation in improving operational efficiency and adding value by providing 'real-time' updates to users from a single central source.
"The award rightly recognises the success of our drive to provide innovative solutions that improve efficiency of our operations, our members' operations and add value for our customers.
"Our network is expanding strongly across Europe and we are seeing revenue and efficiency benefits throughout our operation."
"I'd like to offer a special thanks to our operations and IT teams for working so enthusiastically."
The success of Vision 20:20 has driven pallet volume growth from three million to 4.3m over four years, despite the economic downturn. The development is being replicated across the 19 other countries served by the group across Europe.
Palletways, which was founded in the UK in 1994, handles more than 33,000 pallets daily across all its operations and one in every four pallets handled by palletised freight networks in the UK is distributed by Palletways.