LSC Communications Enters a Strategic Supply Chain Solution Agreement with The United Methodist Publishing House
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.
Contacts
LSC Communications, Inc.
Janet Halpin, 312-326-8742
SVP
Treasurer and Investor Relations
janet.m.halpin@lsccom.com