VMT Ecopack Group Awarded by Frost & Sullivan for Outstanding Growth Strategy Leadership
By Prne, Gaea News NetworkThursday, August 13, 2009
LONDON -
The 2009 Frost & Sullivan Growth Strategy Leadership of the Year Award is presented to VMT Ecopack Group in the European automotive packaging market.
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“The commitment to reduce the logistics costs of its customers through innovative packaging solutions is the primary reason for the success of VMT Ecopack Group,” notes Frost & Sullivan Research Analyst Archana Rajagopalan. “Despite the challenging automotive market, the company has maintained its historical growth pattern with impressive growth rates in 2008 (20%) and during the first quarter of 2009 (25%).”
Such strong growth has been predicated on VMT Ecopack Group’s focus on cost-saving packaging solutions (ROI optimisation), its service-oriented business model and specific industry-related know-how. The company’s high level of flexibility effectively caters to customer demands leading to long contract durations and high customer retention rates.
Headquartered in Stein in the south of the Netherlands, VMT Ecopack Group develops, prototypes, manufactures, sells and rents complete packaging solutions for primarily the European automotive market. With customers like Audi, Autoliv, Benteler, Faurecia, Fehrer, Ford, Grammer, Hyundai, International Automotive Components, Johnson Controls, Kia, Land Rover, Lear, Magna, Mitsubishi, Porsche, Rieter, Seeber, Toyota and Volkswagen, the company’s value-for-money packaging products have recently attracted new (automotive) clients in Russia, Ukraine, the United States and South Africa.
“The company works in tandem with clients to achieve a consensus on the most economic, ergonomic and ecologic packaging for the (automotive) parts,” states Rajagopalan. Most projects start with free consulting services which help customers meet their specific packaging requirements. This involves defining the optimal (custom made) packaging features related to logistics, protection, handling and safety, while maximising customers’ ROI. “Techniques such as thermoforming, injection molding, foaming, die cutting and screen-printing, are combined in the most optimal way to create the best logistical and cost-effective packaging solution. VMT’s complete business model made the company one of the most sought after automotive packaging service providers in Europe,” remarks Rajagopalan.
VMT Ecopack Group mainly uses durable plastic and steel packaging solutions. This offers multiple benefits that include lowering the operational expenses of automotive companies by eliminating one-way packaging and improved damage control as well as reducing transportation costs by implementing collapsible solutions, which provide maximum density of empty containers during the return journey. Besides, this approach also has ergonomic advantages (e.g. improved handling times on the line) and ecological benefits (re-usable solutions made from recyclable materials).
“The developed packages are chosen to survive at least the life time of the car model, which is five to seven years,” adds Rajagopalan. “Even after the lifetime of the car model, some components can be re-used for new applications.”
A subsidiary of VMT Ecopack Group, VMT Packaging Pooling Systems BV, provides durable packaging (Ecopacks, BHT Boxes, Foldable Placon boxes with lids) on a rental and leasing basis. Significant aspect of this service is that it is possible to rent tailor made packaging for medium- and long-term contracts.
The Frost & Sullivan Award for Growth Strategy Leadership of the Year is presented each year to the company that has demonstrated an exceptional growth strategy within the industry.
Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
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About VMT Ecopack Group
VMT Ecopackaging BV VMT Ecopack s.r.o. Business Park Stein 151 Dornych 47 6181 MA Elsloo 617 00 Brno The Netherlands Czech Republic Phone: +31-(0)-46-433-00-99 Phone: +420-541-210-983-4 Fax: +31-(0)-46-433-69-08 Fax: +420-541-211-512 Email: info@vmtecopackaging.com Email: info@vmtecopackaging.com www.vmtecopackaging.com www.ecopack.cz
Source: Frost & Sullivan
VMT Ecopackaging BV, The Netherlands, +31-(0)-46-433-00-99, fax, +31-(0)-46-433-69-08, info at vmtecopackaging.com, VMT Ecopack s.r.o., Czech Republic, +420-541-210-983-4, Fax, +420-541-211-512, info at vmtecopackaging.com ; Photo: https://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO
Tags: Frost & Sullivan, London, United Kingdom