LSC Communications and Wm. B. Eerdmans Publishing Company Enter a Supply-Chain-Services Agreement

LSC Communications (NYSE: LKSD) and Wm. B. Eerdmans Publishing Company announced jointly today that they have agreed to enter a supply-chain-services agreement. Beginning in March 2018, LSC will supply a range of services for Wm. B. Eerdmans, including fulfillment and distribution, digital content management on LSC’s Harvest platform, and digital print technologies such as print-on-demand and automatic inventory replenishment.

Eerdmans’ Vice President of Sales and Marketing, Tracy Danz, said, “After several months of study, we concluded that partnering with LSC would be the most effective way to provide the fast and reliable fulfillment service that our customers expect today. LSC has a strong reputation among publishers, and we are confident that our customers will be pleased.”

According to Wm. B. Eerdmans’ President and Publisher, Anita Eerdmans, this new distribution partnership is one of a number of steps the highly regarded publisher is taking to position itself for success in its second century. “In order to safeguard and enhance our ability to publish the excellent books that our readers and authors expect and need, we have undertaken a comprehensive assessment and adjustment of our business operations.” The aim, she said, is to build up core strengths (editing, marketing, and selling) and find the best external solutions for ancillary functions (manufacturing, warehousing, fulfillment, and retail sales).

“LSC continues to focus on providing expanded supply chain services to publishers, allowing our clients to dedicate more resources to creating great content for their customers, while LSC facilitates delivering that content,” said Dave McCree, President of the Book Division at LSC Communications. “We look forward to enabling Wm. B. Eerdmans to increase efficiencies across their distribution channels while providing exceptional service to their customers.”
http://investor.lsccom.com/news-releases/2018/02-07-2018-113057732

Related Posts

Xerox Releases Second-Quarter Results

Q2 2023 • Revenue of $1.75 billion, up 0.4 percent, or 0.5 percent in constant currency. • GAAP (loss) earnings per share (EPS) of $(0.41), down $0.36 year-over-year. • Operating cash flow of $95 million, up $180 million year-over-year. • Free cash flow of $88 million, up $186 million year-over-year.

TC Transcontinental announces the consolidation of its newspaper printing activities in Québec

Transcontinental Inc. announces the consolidation of its newspaper printing activities in Québec into three plants, and consequently the closure of Montréal-based Transcontinental Métropolitain in late January 2018. The printing activities will be mainly transferred to the Transcontinental Transmag plant in Montréal, which has state-of-the-art equipment. The regional plants of Transcontinental de la Capitale in Québec City and Transcontinental Qualimax in Gatineau will also take in volume upon transfer of activities which will take place progressively beginning in early January. This decision was made in the context of the decline in the newspaper printing market, and more specifically in connection with the upcoming end of the printing of La Presse newspaper. The plant closure will enable the Corporation to optimize its newspaper printing platform in order to stay competitive. Customers will continue to be served with quality products by TC Transcontinental Printing's network and its talented teams. Click Read More below for additional information.

Deluxe Reports First Quarter 2023 Results; Affirms Full Year 2023 Outlook

*Reported revenue decreased 1.9% due to anticipated impact from divestitures, and comparable adjusted revenue increased 0.5% *First quarter GAAP diluted EPS was $0.06 and adjusted diluted EPS was $0.80 *Net income was $2.8 million, down from $9.7 million in the prior year *Adjusted EBITDA increased 0.8%, and comparable adjusted EBITDA increased 2.1%
Back To Top
×Close search
Search