Battery systems company IONCOR has received the Finnish Association of Purchasing and Logistics LOGY's 2024 Internal Logistics Company award. The award criteria emphasized the flexibility and functionality of IONCOR's internal logistics solutions in a period of exceptionally fast company growth. The award was announced today at the Internal Logistics Day event.
The megatrend of electrification is reflected in a strong increase in demand for battery systems. Consequently, IONCOR has rapidly expanded and is today one of Europe's leading independent manufacturers of battery systems for automotive and off-highway markets. The company offers services that cover the entire battery value chain from product development to testing and manufacturing.
In the criteria for the Internal Logistics Company award, the jury emphasized IONCOR's success in meeting the challenges of rapid growth. The significant increase in IONCOR's production capacity and almost 800% increase in material flows from 2020 to 2024 with very limited expansion of its warehousing space highlight the company's ability to respond effectively to growing demands.
- IONCOR has developed cost-effective and scalable solutions to meet the challenges of changing production needs and has fostered synergies between automation and workers. The company has also demonstrated innovation in optimizing material flows and warehousing, said Jussi Peltola and Pekka Molarius, chairmen of the Internal Logistics Forum.
LOGY further noted that IONCOR has developed the basis and implementation of the various functions of internal logistics in several ways. The company's environmental-conscious solutions, such as the use of recyclable packaging and recycling of packaging waste, demonstrate a strong commitment to sustainability. IONCOR provides a high level of operational quality and reliability of deliveries, invests in developing the skills of its personnel, and creates an inclusive working environment where innovation and constant improvements are valued.
- LOGY's Internal Logistics Company award showcases the hard work, strong commitment and operational excellence of the IONCOR logistics team. We have raised our internal logistics to an excellent level while growing the business at a tremendous pace. It is great to see that our logistical expertise and its development work is getting the recognition it deserves, says Kimmo Suupohja, Director, IONCOR Salo battery plant.
Since 2013, LOGY has been giving out the Internal Logistics Company awards to companies and projects that have been particularly successful in developing internal logistics operations. IONCOR receives the award for the first time, but its operations received the LOGY Supplier of the Year Award in 2023 for unprejudiced and ambitious growth in a highly competitive and challenging industry.
IONCOR is strengthening its position in the battery industry by expanding into several markets beyond the traditional automotive industry with its own battery system products. At the core of IONCOR's growth strategy is the company's scalable and modular battery systems product platform.
Additional information:
Mikael Mäki, Manager, Corporate Communications, IONCOR
+358 50 317 4308
mikael.maki@ioncor-batteries.com