Tk Accelis has signed a 10-year steel supply agreement with SKF for operations in France and the UK

Tk accelis Supply Chain Solutions (formerly thyssenkrupp Materials Services), a subsidiary of German industrial group thyssenkrupp AG, has signed a 10-year strategic agreement with Swedish bearing manufacturer SKF to manage the supply of steel bars for the company's manufacturing operations in France and the United Kingdom.

Under the agreement, tk accelis will oversee the supply of steel bar materials through an integrated supply chain approach aimed at ensuring the safe, reliable and efficient availability of materials throughout SKF's operations.

Agreement focused on the Global Control Tower solution

The contract is part of the TK accelis Supply Chain Solutions Global Control Tower offering, a technology platform that combines strategic material supply, supply chain management, logistics, inventory optimization, and digital supply chain visibility.

According to the company, the solution is designed to help manufacturers manage increasingly complex global supply chains by providing end-to-end transparency, predictive planning, and proactive risk management, while ensuring materials are available when and where they are needed.

Partnership to increase the sustainability and productivity of stocks

By integrating steel supplies with advanced supply chain management capabilities, tk accelis said it would support SKF in strengthening operational sustainability, improving inventory performance, and improving supply chain efficiency throughout its operations.