AGCO and BVL International Host Supply Chain Event

AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and BVL International hosted a reception and open house for the BVL International “Supply Chain Event ” at the AGCO Corporate headquarters in Duluth, GA. The event was attended by logistics service providers, education/academic representatives and students, Georgia Port Authority, regional chambers of commerce, supply chain professionals and consultants from the private sector in the Southeastern United States. The “Supply Chain Event” was set to introduce BVL International and its membership offerings, and also announce the AGCO Long Term Supply Chain Strategy.

Josip T. Tomasevic, BVL US Southeast Chapter Vice Chairperson and AGCO Vice President & CPO, Global Purchasing and Materials said, “The BVL is a non-profit organization dedicated to promoting awareness of the importance of logistics and supply chain management in industry, science and the public sphere. The organization goes beyond simple networking to include systematically documenting logistics issues and to develop methods and processes to reduce or eliminate the impact of these issues. The BVL plays a major role in Europe and the organization goals and methods will benefit us in the North America just as well.”

The event was part of a weeklong BVL International series of events held across the southeast United States.

The BVL International “Supply Chain Event” included a number of Logistics and Supply Chain presentations including Monica Franco, Panalpina Vice President who presented current trends in global logistics and Scott Szwast, UPS Marketing Director who presented future trends in global logistics.

Hans-Bernd Veltmaat, AGCO Senior Vice-President and Chief Supply Chain Officer, presented AGCO Corporation’s Long Term Supply Chain Strategy and defined the criticality of having an efficient globally integrated Supply Chain network in place.

AGCO has recently launched its Global Materials Management Transformation initiative that will transform AGCO’s current Materials Management structure into a Globally Integrated Supply Chain Network that will utilize innovative tools and processes in support of the Corporation’s long term strategy. Greg Toornman, Director, Global Materials, Logistics, and Freight Management, is leading the transformation initiative and presented one of AGCO’s recently implemented innovative initiatives to improve the Supply Chain integration of AGCO’s North America, South America, and European regions.

Mike Clem, AGCO Vice President, Global Purchasing, Materials & Logistics - North America, presented AGCO’s Purchasing and Supply Chain vision to a large group of University of Georgia students during the afternoon of April 18th.

Mr. Tomasevic concluded the session with reinforcing the important role that Logistics and Supply Chain Management plays in today’s globally competitive business environment and how BVL International helps promote Logistics and Supply Chain Management awareness and networking.

About BVL International

The mission of nonprofit BVL International founded in 1978 is to act as a neutral platform to promote an awareness for the importance of logistics and supply chain management in industry, science and the public sphere, to systematically document logistical problem definitions, to develop methods and processes to solve these problems on an interdisciplinary and sector-focused basis and to promote and continuously optimize the application of the relevant solutions. Today, BVL has more than 10,000 members - companies and individuals from the worlds of industry, commerce, services and science who are actively involved in the business of logistics and supply chain management.

About AGCO

AGCO, Your Agriculture Company, (AGCO), is a global leader focused on the design, manufacture and distribution of agricultural machinery. AGCO supports more productive farming through a full line of tractors, combines, hay tools, sprayers, forage equipment, tillage, implements, grain storage and protein production systems, as well as related replacement parts. AGCO products are sold through five core machinery brands, Challenger®, Fendt®, Massey Ferguson®, Valtra® and GSI®, and are distributed globally through 3,100 independent dealers and distributors in more than 140 countries worldwide. Retail financing is available through AGCO Finance for qualified purchasers. Founded in 1990, AGCO is headquartered in Duluth, Georgia, USA. In 2013, AGCO had net sales of $10.8 billion. For more information, see http://www.agcocorp.com.