Digital supply chain management software company CORE UK is celebrating after being awarded the Queen’s Award for Enterprise for International Trade.
CORE was particularly applauded for growing an impressively steep 67% increase in international sales over three consecutive years, up from just 6% in 2017. Overseas turnover also increased by 1,695% in the three-year period.
Running since 1966, the Queen’s Awards for Enterprise is an awards programme for UK businesses and other organisations that excel at international trade, innovation, sustainable development or promoting opportunity.
Proving that smart thinking pays off, product innovation is cited by the company as the contributing factor to the company’s impressive figures. The continual enhancements to platforms such as Suppliview and TariffTel has meant its software has been the solution to the challenges facing supply chains as a result of complexities of Brexit. The company’s platforms help retailers gain competitive advantage and save costs in their supply chains. By providing access to key data and optimising crucial insights, they support a business’ supply chain in running more efficiently and cost effectively. Its newest innovation, Leaf, is a platform to support organisations in their pursuit to be more sustainably accountable.
“We are proud to call some of the world’s biggest retailers long-standing clients including Primark, M&S and Argos,” commented CEO and co-founder Benjamin Puncher.
“CORE is deserving of a Queen’s Award because of their solutions and services for classification management,” added Steve Brophy, Head of Indirect Taxes at M&S. “We have used their TariffTel management system for a number of years and it has provided a step change to our processes over tariff coding for import and export and maximised our control and efficiency.”