Samsung to ship goods, parts to Eastern Europe via Russian railroad
Oct 18, 2016
Samsung Electronics Co. said Tuesday it has signed a preliminary agreement with Russia's railway authority to ship its goods and parts to Eastern Europe via the Trans-Siberian Railway. The deal will allow Samsung to reduce the lead time from 35 days of marine transportation to 18 days, the company said in a statement. "Shortened lead times will bring Samsung more benefits, including stable inventory control, and immediate and efficient adjustments when product models change," the statement said.