Panalpina augments global supply chain solutions offering
December 14, 2017: As part of its growth strategy, Switzerland-based third-party logistics provider Panalpina has centralised its supply chain solutions offering.
According to reports, Panalpina has planned to expand its existing team of experts and widen its investments in building its technology and infrastructure.
The move is said to offer end-to-end supply chain solutions to Panalpina’s customers, besides provide greater flexibility, customisation and visibility.
The end-to-end management and optimisation of supply chain is a business segment where Panalpina foresees immense growth opportunity.
To further bolster its offering in this area, Panalpina has combined its supply chain experts under one centrally organised entity—Supply Chain Solutions, which is expected to step up its global and regional team in couple of months.
“Our ambition is to evolve as a top global player in the supply chain management. The new corporate structure allows us to be even more customer-centric and better seize several untapped opportunities that lie in the provision of end-to-end solutions across key industries,” said Karl Weyeneth, chief commercial officer, and member of the executive board of Panalpina.
“There are two fundamental ways that most companies look at their supply chains. Some regard it as a pure cost factor, however others believe as a strategic enabler for their business. Our end-to-end solutions fit well with the second. Not only do we strive to build more efficient and cost-effective supply chains for our customers, but supply chains that essentially support their business models.It’s about turning supply chains into a competitive advantage,” he said.
Panalpina’s Supply Chain Solutions experts are currently representing on the global and regional level in their capacity as solution developers, supply chain analysts and as solution designers and engineers. Solutions they offer go beyond transportation services to additionally cover all supply chain services at origin and destination.
The solutions are customised that offer a high visibility (on the SKU level), and often include cargo consolidation and de-consolidation, vendor and carrier management, inventory and purchase order management, as well as the optimisation of freight forwarding services and logistics set up.
“We are dedicating additional resources to this offering and investing in people, IT and infrastructure,” said Weyeneth.
“The mode of transport to get the job done is secondary as it should not be the first question to ask. The question is much more: What is our customer’s business objective?” he added.
“It is about understanding our customers in depth. We need to have value-oriented dialogues that go beyond rates, transit times and volumes and build mutually beneficial partnerships,” adds Weyeneth.