Virginia Beach, VA, USA, October 1, 2014: ADS, Inc. has been selected by the Defense Logistics Agency (DLA) Troop Support to provide supply chain solutions in support of their Commercial Fastener Integrator (CFI) Initiative Program. DLA recently awarded ADS an indefinite delivery, indefinite quantity (IDIQ) contract to supply thousands of commercial fastener products to DoD Customers around the world. The contract consists of a three-year base term and an additional two-year option with a total value of up to $84 million over five years.
The CFI Initiative is a critical step in DLA’s strategy to transform the way it orders, receives, manages, and distributes commercial fasteners. The agency is transitioning from directly stocking these items to utilizing ADS to provide supply chain support, rapid response, lower overall cost, and the best possible value to DoD customers through direct fulfillment of requisitions on behalf of DLA.
“We’re extremely proud of our track record supporting the Defense Logistics Agency with supplying our Nation’s men and women in uniform the best equipment available including items for maintenance, repair, and operations.” Said Jason Wallace, ADS Chief Executive Officer. “Our award-winning past performance in managing federal stock classes through DLA Troop Support Construction and Equipment represents a natural progression for ADS into commercial fasteners.”
In addition to fulfillment, ADS will provide DLA with a broad range of support ranging from forecasting collaboration with customers, total supply chain management, distribution and warehousing, to quality control, customer direct support, compliance with Time Definite Delivery (TDD) timeframes, data management, and minimum material availability.
adsinc.com/news-release-ads-inc-awarded-key-supply-chain-support-contract-dla
