LSC Communications Enters a Strategic Supply Chain Solution Agreement with The United Methodist Publishing House

Dienstag, 18.10.2016 22:05



CHICAGO --(BUSINESS WIRE)--

LSC Communications, Inc. (NYSE: LKSD) announced today that it has been awarded a strategic agreement that expands its relationship with The United Methodist Publishing House (UMPH). Under the terms of the agreement, the Company will provide book fulfillment and distribution services for UMPH. LSC offers comprehensive supply chain solutions tailored to the needs of publishers, with a wide range of warehousing and distribution services including B-to-B and direct-to-consumer fulfillment, order management, product assembly, inventory management, specialized reporting and logistics services.

“Dramatic changes in the publishing and distribution industries require that we focus on our essential core competencies and partner with others for supporting functions that they can provide more efficiently and economically,” said Tammy Gaines, CFO of UMPH. “Our retail customers will receive outstanding service through this relationship.”

Headquartered in Nashville, TN, The United Methodist Publishing House is a publisher and distributor to Christian clergy and laity, with primary responsibilities for the publishing and distribution for The United Methodist Church. UMPH’s primary channels include the work of Cokesbury, Abingdon Press and the Common English Bible.

“Our specialized book fulfillment services are designed to enable book publishers to better manage inventory, improve fill rates and reduce freight costs while freeing up capital to focus on their core business,” said Dave McCree, President of the Book and Directory divisions at LSC Communications. “We look forward to serving UMPH with creative solutions to drive additional value from their supply chain while providing exceptional service to their end customers.”

About LSC Communications

LSC Communications (NYSE: LKSD) is a global leader in traditional and digital print, print-related services and office products that serves the needs of publishers, merchandisers and retailers. The Company’s service offering includes e-services, warehousing and fulfillment and supply chain management. LSC utilizes a broad portfolio of technology capabilities coupled with consultative attention to clients' needs to increase speed to market, reduce costs, provide postal savings to customers and improve efficiencies. Strategically located operations provide local service and responsiveness while leveraging the economic, geographic and technological advantages of an international organization.

For more information about LSC Communications, visit www.lsccom.com.

Forward-Looking Statements

This news release may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements, including risks associated with the ability of LSC Communications to perform as expected as a separate, independent entity and risks associated with the volatility and disruption of the capital and credit markets, and adverse changes in the global economy. Readers are strongly encouraged to read the full cautionary statements contained in LSC’s filings with the SEC. LSC disclaims any obligation to update or revise any forward-looking statements.

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