Finance - Case studies

The customer, Global Shippers Association (GSA), is one of the world’s renowned retailers, with over 11,500 stores, located across 27 countries. They employ more than 2.2 million associates, around the world and 1.5 million of those associates in the US alone. The COVID-19 situation required GSA to transport personal protective equipment (PPE) urgently, without damaging the quality of the cargo. Exporting PPE cargo quickly The customer, Global Shippers Association (GSA), had to export P...

The customer is one of the world's largest apparel companies. The company designs and markets jeans, casual wear and related accessories for men, women and children.   They sell their products in over 110 countries with a global footprint of more than 3,000 retail stores and shop-in-shops. Several international vendors The customer continued to face concerns in its sourcing process In an increasingly competitive lifestyle and fashion market, the customer continued to face c...

In this fast-changing world, visibility and control are critical to capture the full benefit of business opportunities. Great products and a strong brand build the foundations for better growth. Still, an unbroken supply chain at all levels, from suppliers to sales, is essential in achieving it. Identifying the challenges for Tokmanni Tokmanni Group has been on top of its game for several years now. The Finnish discount chain deals in the quick movement of its retail cargo. However, the compan...

Nava started out as an agriculture company that cleverly combined Italy’s Mediterranean climate, biodiversity and its favourable agronomic conditions, to grow high-quality grapes. In 2001, their passion to share Italy’s premium produce with the world, led them to become the prominent trader that they are today. And why not, as Italy is strategically located with access to major world markets. Nava’s initial years were spent successfully trading their much-loved grapes, with ma...

Retail is one of those industries that demand extraordinary logistical agility. To achieve that, it’s essential to make sure that every step of the supply chain is efficient and organised enough to accommodate the ever-changing need for speed.   The customer is one of the top ten retailers in the world with stores across the globe. They have established themselves as a brand that always has the right offer for their customers, and at a consistently competitive price point. The ch...

Kongsberg Maritime is pleased to announce that it will be supplying a portfolio of SIMRAD sonar equipment for a new 75 metres Pelagic trawler, currently in build at Karstensen’s Shipyard in Skagen, Denmark. Commissioned in partnership by Scottish fishing companies - Northbay Fishing Co. Ltd and Wiseman Fishing Co. Ltd, the new vessel – to be called Artemis – will be based in Banff, Scotland. Artemis, Pelagic trawler Pelagic trawlers target fish in the mid- and surface water,...

Petredec Holdings (Eastern) PTE Ltd has announced the signing of a contract for the construction of 3+3 × 93,000 cbm LPG carriers at Jiangnan Shipyard in China. Each vessel will be powered by individual MAN B&W 6G60ME-LGIP dual-fuel engines, capable of running on LPG. Environmentally friendly solution Philip Harwood, Petredec Fleet Director, stated “Petredec has always been at the forefront of new technology and this order continues our tradition of investing in the most effi...

Kongsberg Maritime has secured a contract worth NOK 200 million with Spanish shipbuilder - Navantia to supply propeller systems for five F110 frigates, currently in construction for the Spanish Navy. These next-generation vessels are designed to follow on from Navantia’s F100 frigate. Egil Haugsdal, President of Kongsberg Maritime, says, “We are very pleased to be working with Navantia on this project.”  Supplier of naval propulsion equipment Egil Haugsdal continues...

Tokyo – Leading Classification Society, ClassNK has granted its ‘Digital Smart Ship (DSS)’ notation for ‘SAKURA LEADER’, LNG-fuelled PCTC, which was ordered to Shin Kurushima Dockyard Co. Ltd., by NYK Line. The vessel is marked with the first ‘DSS’ on its notation in ClassNK’s registry. 'Guidelines for Digital Smart Ship' As a part of the society’s new initiative, ‘Innovation Endorsement’, aiming to certify innovations utilising...

MAN Energy Solutions has announced the latest order for its MAN 175D four-stroke engines, in connection with the building of four corvettes for the Finnish Navy. Each of the four corvette ships will be equipped with 4 × MAN 12V175D-MEL GenSets, with a total output of 7,700 kW (4 × 1920 kW) – in total, 16 GenSets. Jyrki Heinimaa, the Chief Executive Officer (CEO) of Rauma Marine Constructions (RMC), said “Due to the COVID-19 pandemic, the negotiations were challenging and...

  The customer is one of the top fast fashion companies globally. Initially founded as a textile manufacturer, they are now a global brand with over 1000 stores around the world. Challenge The customer was battling with high intangible logistics costs along with concerns over 77% of cargo arriving at destination 10 days earlier than required. This was leading to overflow and capacity issues, as well as increased detention & demurrage – and the costs that come with it. They wa...

  Early businesses operated on the simplistic theory of demand and supply. High demand meant increased production and low demand meant reduced production. As trade grew complex, businesses started focusing on other crucial details like storage costs and proximity to markets. These helped them in devising advanced inventory solutions and efficient supply chain planning methodologies. Maersk's customer, a polymer producer, and distributor (based out of the Middle East), was struggling wit...

A top tier General Merchandise importer into North America selected Maersk Customs Services to optimise vessel level clearance. The importer was paying a high amount of Merchandise Processing Fees (MPF) on an annual basis. Administration costs and reconciliation were increasing as the company grew its imports year-on-year. A.P. Moller – Maersk (Maersk) took on the challenge and provided an efficient solution. The challenge The importer was paying a high amount of Merchandise Processin...

The customers' question: Reduce vendor errors in the invoice process and resulting shipment delays and maintain existing Customs Clearance Agent but use their innovative solutions. The challenge - To reduce administrative responsibilities surrounding the management of a duty drawback program. Need to minimize manual effort to capture SKU-level value, duty, and customs fees, especially for clients who lack the ability to automate the entry process themselves. Mitigate risk of errors related...

The challenge for the customer was to reduce vendor created errors in the invoice process, minimise the amount of manual updates required by the broker and eliminate the impact of potential delays in clearances, due to manual errors. The challenge Reduce vendor created errors in the invoice process, Minimise the amount of manual updates required by the broker, and Eliminate the impact of potential delays in clearances, due to manual errors. The customer is a long-term Maersk customer, i...

Pakistan is a thriving agricultural state wherein agriculture sector contributes more than a quarter of the country’s Gross Domestic Product (GDP). Among the large exports from agricultural produce, the exports of citrus fruits alone generate multi-million US dollar revenues in a year for Pakistan. Exports of perishable goods, such as fruits, vegetables, pharmaceuticals, fresh produce among others requires high levels of expertise during its transportation in refrigerated containers (Reef...

To offset the scarcity of reefer containers in South Africa, ahead of the upcoming citrus season and to support the nation’s agricultural sector, A.P. Moller – Maersk (Maersk), the world’s renowned integrated container logistics company, has brought 1,800 empty refrigerated 40-foot containers from the Middle East, as additional stock to serve customers. Refrigerated containers delivery There is additional supply to come and this will complement the refrigerated containers tha...

Pressure on business performance due to high costs and inflation has been showing on companies in recent years. Profit expectations for firms in the United States have fallen sharply to their lowest levels since late 2016, influenced by lower consumer spending and ongoing global trade difficulties. This has pushed businesses to find new ways to improve bottom-line numbers and better align their supply chains. The customer is a leading retailer in the US, dealing primarily in high-end furnishing...

Brands have been expanding globally in search of new markets in recent years. In doing so, the demand for specialised warehouses and distribution centres has also grown. Companies require warehouses that are not only closer to production sites but also to their customers. This leads to lower costs and improved lead times. With retail companies also focusing on e-commerce to target new customers, warehouses need to transform. They must become more multi-purpose-usage facilities that can handle s...

For multinational companies dealing in baby food products, one market remains the cream of the crop: China. According to research firm Euromonitor, the Chinese baby food market stood at 128 billion yuan (USD 18 billion) in China in 2018. This figure was forecast to increase to 160 billion yuan (USD 23 billion) over the next five years, much of it driven by international brands.   Buoyed by the 2015 withdrawal of the one-child policy in China and the rising spending prowess of its middle-c...

A footwear company that was using a ‘direct-to-customer’ delivery model, changed its model into a combination of ‘direct’ and ‘consolidated’ shipments, making savings over USD 200,000 annually. This case study applies to a specific low volume country and not the entire globe. How Maersk helped Maersk analysed the containers that were being shipped directly into the final delivery distribution centre and discovered an opportunity. It then designed a new solut...

In addition to helping customers do well, Maersk's passion to do good has led it to work closely and successfully with NGOs, donors, suppliers, and aid & relief organisations within the UN. The Challenge Aid and relief organisations face very difficult and often unpredictable challenges, especially in the case of natural disasters. They are increasingly looking for the support of a global network of logistics experts who can understand their challenges and offer a full range of sup...

Maersk's customer is the world’s largest home improvement retailer with over 2200 stores across North America and manufactured in over 25 countries worldwide. They lead the Do It Yourself (DIY) category with in-stock and focus on a postponement allocation strategy via transload usage. This allows them to get “the right product to the right place at the right time.” To build on this proposition further, they need to strengthen their existing transload programme in their two l...

The consumer electronics industry has expanded steadily over the years. Product innovation, falling prices, and increased purchasing power of the consumers have been supporting an average growth rate of 1-1.5 percent since 2013. Even since then, numerous players have entered the market for a share of the pie. Given the growing competition, a customer, a manufacturer of set-top boxes and LCD TVs decided to ramp up their production and sourcing. The challenge The customer’s decision was d...

Maersk's customer is a U.S.-based global manufacturer of office products and marketing office business supplies. They have subsidiaries in more than 20 countries and sales in over 120 countries. Their latest plan was to start selling products directly to consumers by adapting their existing B2B supply chain in China to a B2C model. The challenge The change in their existing model required a much broader shift in mindset as well as capabilities that lacked within their current staff. The ne...

As year-on-year Christmas sales figures indicate, end consumers are rapidly adopting e-commerce. Shopping preferences like this are calling for a change in traditional supply chains. And while retailers are adapting to provide omnichannel experiences, this change is resulting in challenges like an increasingly complex customer base, more sourcing locations, and a highly competitive marketplace pushing to reduce costs and improve service levels. This article tries to demonstrate how ‘last...

A.P. Moller – Maersk’s (Maersk) customer is a leading home improvement retailer in the U.S. The US retailer currently have a staff of more than 340,000 and operate over 2,000 stores in all 50 US states, the District of Columbia, eight Canadian provinces and Mexico. Their goal was to reduce supply chain costs and facilitate growth in their import volumes. The roadblock to this was a high ratio (17.4%) of 20-foot light box utilisation. The current situation led to higher supply chain...

The retail industry is undergoing enormous change. The customers have evolved. They are demanding and selective. In these times, the retailers must review their existing supply chain setups and devise faster ways of reaching the markets. Maersk’s customer, an iconic American retail brand, with over 500 stores across the US foresaw the possible implications of outdated processes and reached out to Maersk for a solution. The challenge The private labels’ supply chains were c...

Maersk's customer, a major US retailer, has been growing exponentially in Central America in the last few years. But the supply chain management they had in place could not support the sharp growth. This made it extremely challenging for them to meet their market demands. Initially, their imported cargo arrived from Asia to two main destinations - Costa Rica and Guatemala. From there the cargo would then be distributed to other countries in Central America. While this plan was suitable for th...

A multi-channel specialty lifestyle retailer was growing into one of the largest e-commerce retailers in the US. They had more than 50% of total revenue streaming through their online channels. As operations scaled up, the company needed to scale up its warehousing and distribution as well. The Challenge This growing American lifestyle goods company was facing challenges in its current supply chain setup. Their vendor-load consolidation was sub-optimal, the service levels were unsatisf...