Aug 22, 2017   SOURCE: BusinessWire

Ryder Partners with TECSYS to Further Serve the Growing Needs of the Healthcare Industry

Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced its new partnership with TECSYS, an industry-leading supply chain management software company.

Ryder's top-level supply chain solutions paired with TECSYS' best-in-class technology will address the growing end-to-end supply chain challenges facing those in the health systems market. By creating a closed-loop system between suppliers, manufacturers, healthcare systems, and patients, Ryder’s full-suite of services help reduce inventory levels, increase order accuracy, and improve order cycle times, resulting in lower costs while improving speed-to-patient.

“We are committed to providing innovative technology and solutions to our customers, and our partnership with TECSYS is a great way of delivering on that promise,” said Norm Brouillette, Supply Chain Solutions Vice President and General Manager, Ryder. “The healthcare industry is one with some of the most time-sensitive needs, which is why it's so important to work with a supply chain management software company like TECSYS that can ensure patients' needs are always met.”

TECSYS’ health system-specific software solutions ensure that health systems operate a transparent, efficient, and optimized supply chain network, through to point-of-care. Clinicians are able to dedicate their time to patient care, while TECSYS' behind-the-scenes solutions ensure efficient and on-time delivery of supplies for patient-centric care.

"Ryder brings a high level of expertise and extensive execution abilities in the overall supply chain management industry specifically in healthcare,” said Peter Brereton, President and CEO, TECSYS. “The combined offering will provide health systems with an unequivocal choice in addressing their cost cutting and quality of care challenges.”

To learn more about Ryder’s solutions for the healthcare industry, visit https://ryder.com/industries/healthcare.

About Ryder

Ryder is a FORTUNE 500® commercial fleet management, dedicated transportation, and supply chain solutions company. Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation Average and the S&P MidCap 400® index. Ryder has been named among FORTUNE’s World’s Most Admired Companies, and has been recognized for its industry-leading practices in third-party logistics, environmentally-friendly fleet and supply chain solutions, and world-class safety and security programs. The Company is a proud member of the American Red Cross Disaster Responder Program, supporting national and local disaster preparedness and response efforts. For more information, visit www.ryder.com, and follow us on our Online Newsroom and social media pages: Facebook, LinkedIn, Twitter, Instagram, and YouTube.

About TECSYS

TECSYS provides transformative supply chain solutions that equip our customers to succeed in a rapidly-changing omni-channel world. TECSYS solutions are built on a true enterprise supply chain platform, and include warehouse management, distribution and transportation management, supply management at point-of-use, as well as complete financial management and analytics solutions. Customers running on TECSYS' Supply Chain Platform are confident knowing they can execute, day in and day out, regardless of business fluctuations or changes in technology, they can adapt and scale to any business need or size, and they can expand and collaborate with customers, suppliers and partners as one borderless enterprise. From demand planning to demand fulfillment, TECSYS puts power into the hands of both front line workers and back office planners, and unshackles business leaders so they can see and manage their supply chains like never before.

TECSYS is the market leader in supply chain solutions for health systems and hospitals. Over 600 mid-size and Fortune 1000 customers trust their supply chains to TECSYS in the healthcare, service parts, third-party logistics, and general wholesale high-volume distribution industries. TECSYS' shares are listed on the Toronto Stock Exchange under the ticker symbol TCS.

Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.