Cost to serve news

31 May 2016
Schwarz Group has reported revenue growth of 7% to €85.7bn in the financial year 2015/2016. Lidl’s revenue grew by 9% to €64.4 bn, while Kaufland revenue increased by 4% to €21.1 bn. Increased investment The group plans to increase its capital expenditure from €5.2 bn to €6.5 bn in the current financial year 2016/17. At Lidl, the majority of funds will be allocated in the new store o...
24 May 2016
Sainsbury’s has chosen logistics company, CML, for pre-retail inspection and reworking for its clothing brand, Tu. Handling pre-retail services CML will operate from its 25,100 sq m facility in Magna Park, near Lutterworth in Leicestershire. The deal will see CML handle all pre-retail services for Tu clothing, including quality inspection and reworking. Delivering exceptional service CML...
04 May 2016
The Coca-Cola Company and SABMiller are one step closer to setting up a new soft drinks bottler: Coca-Cola Beverages Africa, based in South Africa. A $2.9bn company The two global manufacturers, along with Gutsche Family Investments, have agreed concessions with the South African government, moving a step closer to creating Coca-Cola Beverages Africa. If approved, the business would be ...
27 April 2016
In its Q3 2016 results, P&G has announced sales of $15.8bn and reemphasised its intention to focus on core brands. $15.8bn in Q3 P&G’s net sales in the third quarter of 2016 (three months ending 31 March) were $15.8bn, a decrease of 7% from the previous year. The manufacturer cited brand divestures as one of the main reasons for the fall in sales. Since January, P&G has been focusing ...
19 April 2016
Frozen food retailer, Iceland, has chosen JDA software to optimise its supply chain. Building on a 20-year partnership Building on an 20-year relationship, Iceland is to implement four new JDA supply chain and category management products to enhance sales and margins across Britain, alongside its existing warehouse and store replenishment solutions. The implementation will be hosted an...
18 April 2016
Costco in Australia is looking to further cement its growing popularity with shoppers, through the set up of its first distribution centre and also opening more sites in major cities. Network could grow to 25 stores within four years Costco currently trades from eight stores in Australia and has a presence in Sydney, Melbourne, Canberra, Adelaide and Brisbane. It has already opened more than ...
04 April 2016
2 Sisters Food Group (2SFG) has made two senior appointments in the form of Martyn Fletcher joining the business as chief operating officer for its protein division and Jonathan Russell has been promoted to director of group procurement. New COO for protein business The newly-created role sees Martyn Fletcher take charge of 2SFG’s operations across its UK manufacturing network and report...
30 March 2016
Germany's Metro Group is proposing to split itself into two groups: A wholesale and food specialist group and a consumer electrics group, with implementation targeted for mid 2017. What will the split mean? The demerger would see Metro, Makro and their associated entities (including Real) form one group, and Media-Saturn and its portfolio of formats and brands become a separate group. ...
14 March 2016
Colgate-Palmolive is extending its restructuring program as it looks to further streamline operations across international markets. Optimising its global supply chain Colgate-Palmolive is looking to streamline operations and increase efficiency throughout the supply chain to reduce costs and improve performance. The global manufacturer is extending its restructuring program which is now sch...
07 March 2016
The prospect of driverless vehicles on British roads moved a step closer with the confirmation of a trial planned for later this year. It is expected to take place on a stretch of the M6, involving multiple driverless vehicles travelling in convoy. The convoy will be led by a manned vehicle, with subsequent vehicles communicating with each other using radar. By travelling in this way, the ...