Mondelēz International and GEODIS extend partnership for 3PL services
SINGAPORE : GEODIS, a global leader in transport and logistics services, announces an extension to its warehouse, co-packing and distribution contractual relationship with Mondelēz International in Singapore, for a further three years from this month. Mondelēz International is one of the world’s largest snacking companies, home to iconic global brands such as Cadbury and OREO, and local favorites. Under the contract GEODIS will continue to support Mondelēz International in providing warehousing and distribution of their products to all retail channels & outlets in Singapore. This extension reflects GEODIS’ excellent performance in achieving productivity, innovation and sustainability levels that align with Mondelēz International’s global warehousing & transportation expectations.
Since 2008, GEODIS has provided comprehensive end-to-end third-party logistics services to Mondelēz International. In addition to warehousing and distribution functions, the service provision includes inventory management, order fulfilment, reverse logistics and value-added activities such as labelling and product bundling for sales promotions.
The award of the contract extension is based on GEODIS’ successful track record of achieving Mondelēz International’s key performance indicators (KPIs). Such KPIs include maintaining 100% of inventory/stock accuracy in Cycle Count and Annual Stock Take; achieving close to 100% for Delivery On-Time and In-Full, and the highest rating of “Satisfactory” for Quality Assurance (QA) audit compliance.
Looking ahead, GEODIS is also exploring environmentally pragmatic initiatives to further streamline operations. Planned initiatives include utilizing electric vehicles (EVs) for deliveries and installing solar panels and LED lighting replacements to optimize energy consumption.
Andy Tan, Customer Service & Logistics Lead for Singapore and AMEA Exports said: “At Mondelēz International, we prioritize efficiency, innovation, and sustainability in our supply chain, combining our dedication to our consumers with our commitment to the planet. GEODIS has consistently excelled in warehousing and distribution, supporting our growth in Singapore. We look forward to continuing this successful partnership and exploring new sustainable initiatives together.”
“We are thrilled to extend our partnership with Mondelēz International, a company renowned for quality products within the confectionery, food, and beverage industry.” commented Lakshmanan Venkateswaran GEODIS’ Managing Director of Southeast Asia, Japan and Korea. “This extension is testament to our commitment to delivering logistics solutions that align with our customers’ needs. Our partnership will continue to create new opportunities, and our teams are excited to support Mondelēz International in their continued presence and growth in Singapore.”