E.ON targets shrinkage and asset loss

London - Energy giant E.ON has extended its contract with Ceva Logistics to include asset management of signs and barriers, to help reduce shrinkage and asset loss.

Under the new deal the 3PL will deliver signs and barriers to E.ON and its external service providers. It will also manage a helpdesk and provide repair and restoration services. The contract guarantees a response within three hours to deliver equipment where required.

As part of the deal, Ceva drivers will erect signs and barriers on the public highway where an excavation has taken place. Once the excavation has been re-instated, Ceva collects all the equipment, managing the assets and reducing shrinkage, which reduces asset loss.

Ceva also responds to calls to make good knocked down signs and barriers which have been put in place for central networks infrastructure and maintenance. The on-time removal of signs and barriers also reduces penalties issued by regulators when equipment is left behind longer than it should be.

Malcolm Russell, logistics manager, E.ON, said: "We have worked in partnership with Ceva for 12 years and this is another example of continuous improvement, LEAN excellence and stretching the boundaries of a traditional utilities logistics operation. We look forward to seeing the benefits of the improved service."