Under the agreement, Viterra and CN will work together to review supply chain key performance indicators, cooperate on planning and forecasting, and address supply chain issues in a timely manner. The agreement is based on the belief that the actions of all supply chain participants affect the performance of the entire chain.
"At CN, we know that what gets measured can be improved," said Claude Mongeau, President and Chief Executive Officer of CN. "We believe our innovative agreement with Viterra will lead to greater supply chain efficiency, from the Canadian prairie elevators, to the export vessels. Our agreement with Viterra builds on the success of CN's Scheduled Grain train operation that has already delivered fundamental gains in grain industry supply chain performance. CN spots hopper cars at specific country elevators, at scheduled times, on scheduled days, every week. Our aim with this supply chain agreement is to further improve upon this service to help Viterra better compete in world markets."
"Through Viterra's world-class elevator and export terminal network and related logistics expertise, we work closely with growers in marketing and handling their grain at our facilities, moving it efficiently by rail and providing timely delivery to our domestic and international customers," said Fran Malecha, Chief Operating Officer, Grain, Viterra. "With this important new agreement, we will work even closer with CN to achieve greater supply chain reliability and improved service to our grower and export customers. Viterra and CN's commitment to continuous supply chain improvements is based on mutual trust and confidence, and will benefit all of our key stakeholders, making our sector even more vibrant."
