SOUTHFIELD, Mich., Nov. 14 /PRNewswire/ — DSSI LLC, a leading provider of procurement outsourcing services, announced today that Modine Manufacturing Company has re-entered into a business relationship with DSSI by extending its contract for an additional four years.
“In today’s competitive environment, achieving cost savings in all areas of our business, including MRO categories, is key to maintaining a competitive advantage. Modine has been very impressed with DSSI’s willingness and ability to align its offering to meet our corporate objectives while delivering on the cost savings targets,” says Greg Kinder, vice president of global purchasing for Modine. “We are now focused on capturing even more spend through the program with additional standardization initiatives.”
“We are pleased that Modine recognized DSSI’s value at all levels of the organization and chose to extend the relationship. We look forward to bringing forth more savings opportunities through initiatives that can only be provided for clients who have high-quality item and historical purchase data,” says Scott Camera, vice president of business development and client management for DSSI. “Contract extensions, of which DSSI has had several this year, are proof that a good outsourced purchasing provider’s value proposition extends beyond the first few years of a relationship.”
Founded in 1916, with fiscal 2007 revenues from continuing operations of $1.8 billion, Modine specializes in thermal management systems and components, bringing highly engineered heating and cooling technology and solutions to diversified global markets. Modine products are used in light, medium and heavy-duty vehicles, HVAC equipment, industrial equipment, refrigeration systems, fuel cells and electronics. Based in Racine, Wisconsin, the company has approximately 7,700 employees at 34 facilities in 15 countries worldwide. For information about Modine, visit www.modine.com .
About DSSI LLC
DSSI LLC is a leading provider of procurement outsourcing services. Based in Southfield, Michigan, DSSI also has offices in Atlanta, Georgia and Louisville, Kentucky. For more information about DSSI, visit www.directsourcing.com .
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Source: DSSI LLC