Logistics and SCM

A Short List of Suggestions on how “Ulstein” can Improve their Logistics Activities 8

The Potential Role of SCM in Sourcing and Logistics Development in “Ulstein” 9

Conclusion and Recommendations to “Ulstein” 10

Presentation of “Ulstein”

The Ulstein Group is a group of various companies which focus on marine and marine-related industries. It is mainly knows for its ship-building and ship design activities.

The company's head office and primary operations are located in the town of Ulsteinvik in the municipality of Ulstein in Møre og Romsdal county, Norway.

Ulstein is a company with 94 years experience on the marine market. Nowadays it has approximately 800 employees working through innovation for a better future for their company and maritime industries.

Ulstein was founded by Ulstein Mekaniske Verksted, originally founded in 1917. Ulstein Group is the parent company of a maritime group comprising operating companies within

- Ship design, shipbuilding, detail design and engineering, power & control systems and aftermarket services

- Property companies that own buildings and facilities

- Ship ownership and investments

Ulstein Group offers ship design package and solutions to offshore support vessels, heavy offshore vessels and shortsea shipping vessels.

History*:

The company Ulstein Mekaniske Verksted was established in 1917 by Martin Ulstein. At age 23, he founded the company to modify local fishing boats, which were undergoing a global transition from sail-power to motorization. Martin Ulstein borrowed money from Ulstein Sparebank, with his father acting as guarantor, acquired 800 square metres (8,600 sq ft) of land from his uncle and set up shop with his brother-in-law and business partner Andreas Flø.

CEO: Gunvor Ulstein

After Martin Ulstein's sudden death, the company was run for a long duration by his wife, Inga Ulstein. Her six children, Dagny, Inger, Magnulf, Kolbein, Idar, and Ragnhild (especially Kolbein and Idar) were responsible for the growth of the company to an employer of around 2,300 people in 2006.

Vickers acquired Ulstein Group AS in 1998, then Rolls-Royce acquired both companies in 2000. Thus, 'Ulstein AS is now a completely owned independent subsidiary of Rolls-Royce.

However, the Ulstein family reacquired a significant fraction of the company, including one of the two core shipyards in Ulsteinvik, in 2000. The current CEO is Gunvor Ulstein, granddaughter of the late founder Martin Ulstein.