Maersk has entered into a partnership with Castlery, a Singaporean furniture retailer, for a multi-year global integrated logistics and fulfilment agreement. By leveraging Maersk’s capabilities in managing supply chains amid ongoing disruptions, the partnership will enable Castlery to offer seamless delivery for its customers, reducing wait times for orders to one to two months, approximately three times faster than the industry average of three to six months.
As Castlery expands into international markets including Australia and the United States, which contributed to 80% of the firm’s total revenue, Maersk’s landside facilities and expertise in these markets will create additional values for Castlery to optimise time and cost savings at various points across the logistics and fulfilment chain.
Maersk will help Castlery scale its business in the US across 50 metropolitan areas with secured ocean capacity, improved integration between freight and warehousing fulfilment efficiencies, and more transparent data sharing that leads to strengthened inventory management.
“With a shared goal of creating value and improving customer experiences, we are proud to be a part of Castlery’s growth journey. Maersk Singapore has successfully tapped into our global integrated logistics ecosystem to mount a solution that provides seamless omni-channel fulfilment and last mile delivery for Castlery’s customers. This is in addition to long term ocean space commitments which in effect cuts out any unnecessary nodes that can put strain on Castlery’s supply chains”, said Rupesh Jain, Managing Director of Maersk Thailand, Malaysia and Singapore.
Source: Maersk
