Presentation Transcript

1. Joshua Greene Becca Griffith Tripp Sheppard NikoleBrucker Kody Adams
2. History: Who is this Organization Penske is a multibillion-dollar transportation service company with more than 1,000 locations spanning the globe Their goal is to improve transportation and to provide solutions for supply chain management Penske is ranked as one of the top 100 great supply chain partners by Global Logistics and Supply Chain Strategies Penske strives to optimize your entire supply chain. From sourcing and manufacturing through delivery and return
3. Continued.... They are recognized globally for their award-winning ability to deliver concrete solutions that meet the complex logistics needs of its customers.  They apply precision technologies and extensive experience to formulate logistics solutions specifically targeted for challenges. Penske applies practical creativity to develop optimal logistics solutions. Their knowledge and technical capabilities enable them to implement the most advanced supply chain solutions in use today
4. How did they get started? Roger Penske founded the company on December 1, 1969, after purchasing a car and light-truck rental and leasing business serving eastern Pennsylvania. He started with just three locations but, by 1981, he had grown to 33 facilities staffed by 420 employees and generating annual sales of more than $40 million. In 1982, he joined with the Hertz Truck Division to form Hertz-Penske Truck Leasing. The joint partnership acquired Goldston in 1983 and Leaseway Transportation's truck renting and leasing business in 1986. With 102 locations and 2,300 associates, the company generated annual revenues of $200 million. In 1988, he purchased Hertz's remaining share of the joint venture and formed a partnership with General Electric that folded GE's Gelco Truck Leasing into Penske Truck Leasing Co., L.P. Penske has continued to expand and grow in all aspects of transportation to improve logistics nationally and worldwide
5. What is their primary business? They serve their customers anywhere, meeting the needs of leading suppliers, manufacturers and retailers around the globe implementing the most advanced supply chain solutions in use today Penske has more than 275 locations, a 3,000-vehicle fleet, 15 million square feet of warehousing and cross docking space serving customers around the globe.
6. OPERATIONS Locations: North America –USA, Canada & Mexico, Asia, Europe, and South America Provide global supply chains, logistics solutions customized to each customer serviced, establishing new locations, and doing what it takes to meet the customers needs. Range from customers to companies including retail, automotive, healthcare and pharmaceuticals, electronics, chemical, publishing and packaging. Penske Logistics has more than 275 locations, 3000 vehicle fleet and 15 million sq. feet of warehousing to serve customers world wide.
7. Goals: Deliver value Have great customer service Accomplish these by: Design, planning, and execution in transportation, warehousing, and international freight forwarding and carrier management
8. Corporate Mission Expand diversity Diverse customers Diverse, inclusive work environment “We're committed to exceeding your expectations. We constantly strengthen and enhance our services to meet the changing needs of the people we serve, and we provide products and services that are truly superior.”
9. Plans for the Future Always helping customers construct routes Optimize movement Use of warehouses to minimize miles on routes and optimize container movement Working to improve trucks and alternative fuel
10. Business Environment What is going on in their part of the logistics industry? Firms look toward Africa as an international growth market Main Competitors Exel Plc, Schenker, Kuehne &Nagel International External Issues Impacting the Organization New Truck Driver hours of service regulations How are they responding to issues Provide their drivers with safety bulletins and training, early notification of expiring documents, and DOT audit support services
11. Career Opportunities Entry Level Management Jobs Diesel mechanic: must go through the Penske Training Programs that are offered. Specializes in repairing and maintaining diesel engines. Lease/Sales Representative: Bachelors in Management or marketing Sales and operations Management: Must go through the Penske training program and have a Bachelors Truck Driver: must have a clean record and be able to get or already have CDL (Commercial Drivers License) to drive trucks in excess of 25 feet
12. Career Opportunities Cont… Skills Strive for excellence: Sharpen your skills and relish the challenge Follow your interests: offer learning opportunities such as professional, sales and management training programs and work with world-class clients across industries Being able to work as a team and support the community in which you are a part of Contact Information Online at gopenske.com Any Penske retailer around your area
13. Evaluation Penske has been a successful business since they opened in 1969. Since opening they have been one of the top performers in their industry. They have maximized their use in logistics and underlying their company with the best people that they can find to work through their systems. For the next 5-10 years Penske will remain to be the top performer in their industry because they are maximizing their use in IT studies, Logistics studies, and getting the best mechanics to keep their truck on the road. We as a group would work for Penske. We see that they have a well conducted business and they also have proved themselves in the field of business because they are among the top performers every year.
14. Works Cited Croom, Simon, Sam Barani, Dan Belanger, Tim Lyons, and Jaime Murakami. "Sustainable Supply Chain Management-an Exploration of Current Practice." (2009): n. pag. Web. "Hours of Service." Federal Motor Carrier Safety Administration. N.p., n.d. Web. 08 Apr. 2014.  "Top 25 Third-Party Logistics Providers Extend Their Global Reach." Top 25 Third-Party Logistics Providers Extend Their Global Reach. N.p., n.d. Web. 07 Apr. 2014.
15. Works Cited Cont… "What If You Could Turn Cost Centers Into Profit Centers?" Penske Logistics. N.p., n.d. Web. 08 Apr. 2014. http://www.supplychain247.com/company/penske_logistics