Solution: Damco's Supply Chain Development team analyzed 12 months of volumes to determine the ideal use of consolidation services. They showed estimated savings that the client and their vendors will have from the reduced number of containers resulting from better consolidation options. The team was also able to show how enhanced visibility and optimized origin management will benefit both suppliers and Client.
Results: Estimated USD 2.3 million is identified through supply chain optimization by having greater efficiency at origin operations and a more integrated end to end supply chain. Cost reductions include optimization related to better container utilization, switch between CFS and CY loading, and equipment utilization. Damco also helped the Client to build an internal business case for change and improvement.
About the Solution Provider: Damco is one of the world's leading third party logistics providers specializing in customized freight forwarding and supply chain solutions. The company has 11,300 employees in over 300 offices across 90 countries and representation in a further 30 countries. Damco is part of the A.P. Moller - Maersk Group.
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