Flexport
Case Studies
Driving Cost Savings in Retail Supply Chain: A Case Study on Blokker and Flexport
Overview
Driving Cost Savings in Retail Supply Chain: A Case Study on Blokker and FlexportFlexport |
Functional Applications - Inventory Management Systems Platform as a Service (PaaS) - Application Development Platforms | |
Electronics Retail | |
Logistics & Transportation Procurement | |
Inventory Management Supply Chain Visibility | |
Operational Impact
The partnership with Flexport led to significant operational improvements for Blokker. The increased visibility and control over its products in transit provided by Flexport's platform resulted in greater certainty that goods would reach stores and customers quickly and affordably. The company was able to reduce failure costs associated with demurrage and detention fees, which had previously amounted to €600,000 a year. The platform also enabled Blokker to streamline communications and manage shipments more efficiently, reducing the burden of managing hundreds of emails a day. Furthermore, the support from Flexport's team of dedicated operations, customs, and data experts helped Blokker manage shipments every step of the way, identifying new cost and productivity efficiencies and ensuring products reached their destination as quickly as possible. | |
Quantitative Benefit
Saved €4m in working capital | |
Anticipated savings of €550k in detention & demurrage fees by end of 2020 | |
Cut €300k in supply chain costs | |