SupplyX launches as an international expert in supply chain management
The Otto Group Logistics GmbH, previously Hermes International, will operate under the brand SupplyX in the future. The company of the Otto Group will further expand its position as a pioneering logistics service provider for global supply chain management and freight forwarding and as a strong partner for B2B customers.
SupplyX is already optimizing supply chain management for a variety of e-commerce and retail companies today. The logistics service provider supports the planning, coordination, and control of goods flows from the supplier to the end customer. The focus is on performance optimization of supply chains, including the implementation of customer-specific supply chain management strategies to sustainably maximize customer benefits.
Expanded service offering: Expert knowledge and digital solutions
“In recent years, we have built valuable expert knowledge in the areas of freight forwarding, diversification, market entry, new production sites, digitization, customs, and sustainability, and we combine this know-how with the growing digital possibilities to provide customers with clear added value and competitive advantage,” says Managing Director Henning Goldmann. “We emphasize our growing service offering and our future orientation with the rebranding: As SupplyX under the umbrella of the Otto Group, we will further expand our growth strategy as a pioneering and innovative logistics player.”
The company will also continue to expand its supply chain services and digital solutions and develop and implement tailored solutions for the complex requirements of international supply chains based on modern technologies and data insights.
Creation of a holistic, customer-oriented logistics offering
Logistics is an important and long-standing business area of the Otto Group. With SupplyX, the Otto Group is strengthening its service portfolio. “Excellent customer experiences in retail can only be achieved with strong global logistics. The demands that companies face here are also developing very dynamically. With SupplyX as a strong and innovative partner, we offer holistic and customer-oriented global logistics solutions at a top level,” says Kay Schiebur, Group Board Member Services of the Otto Group.
Before the creation of the SupplyX brand, Hermes International initially operated under the umbrella of Hermes Germany. As a consistent step in the growth strategy, the service provider was established as an independent company and operates as Otto Group Logistics GmbH. The management is led by Henning Goldmann and Eva Witte.
Otto Group
Founded in Germany in 1949, the Otto Group is now a globally operating trade and service group with around 38,500 employees in 30 major corporate groups, primarily present in the three economic areas of Germany, the rest of Europe, and the USA. Its business activities extend to the segments of platforms, brand concepts, retailers, services, and financial services. In the fiscal year 2023/24 (February 29), the Otto Group generated a revenue of 15 billion euros. With an online revenue of nearly 10.8 billion euros (fiscal year 2023/24), it is one of the largest online retailers in the world. The particular strength of the corporate group lies in realizing a broad presence of various offerings to diverse target groups in relevant regions of the world. A multitude of strategic partnerships and joint ventures provide the Otto Group with excellent conditions for know-how transfer and the utilization of synergy potentials. A high degree of entrepreneurial responsibility and willingness to collaborate among the group companies simultaneously guarantee flexibility and customer proximity as well as optimal targeting of audiences in the respective countries.
Learn more at www.ottogroup.com.
Otto Group Logistics (SupplyX)
The Otto Group Logistics GmbH is a subsidiary of the Otto Group and will henceforth operate in the market as SupplyX. The headquarters is located in Hamburg. SupplyX is a leading specialist in trade-related services, focusing on freight forwarding and optimizing the supply chain performance of its customers. With its own branch in Vietnam and strategic partnerships in India, Pakistan, Bangladesh, China, the USA, and other countries, SupplyX offers comprehensive services in the areas of procurement and cross-border logistics as well as strategic supply chain management.