Panasonic has awarded DHL Supply Chain a £100 million contract to manage its UK warehousing and transport operations.
DHL will take end-to-end responsibility for Panasonic’s UK supply chain, handling order fulfilment of consumer electronic goods, manage a shared warehouse operation, and enhance the leading electronics supplier’s domestic transport operation.
Panasonic’s existing facility will be converted into a technology campus featuring an enhanced plug and play IT solution plus a dedicated transport control tower, providing full visibility of the secure transport network.
Nigel Cowmeadow, chief supply chain officer at Panasonic Europe, said: “As our business evolves, it was necessary to bring in an innovative logistics specialist who understands the emerging needs of the technology sector. Our business needs the flexibility to adapt to the demands of current and new markets, addressing rapid product lifecycles while consistently improving on our customers’ experience.
“Panasonic strives to find new ways to deliver customer value and DHL has demonstrated that it is a suitable partner to join us on our journey.”
The plan is for DHL to create a platform for transformational change, replicable across Panasonic’s European supply chain.