Iceland Signs Warehousing And Distribution Deal With XPO Logistics
Frozen food retailer Iceland has signed a five-year warehousing and distribution contract with XPO Logistics.
Iceland’s turnover grew to £2.7 billion (approximately €3.4 billion) in 2015. As well as its online presence, it now has 850 stores across the UK, alongside a growing network of Food Warehouse outlets.
In Ireland, it has recently expanded its number of stores to 10 with the opening of a branch on Talbot Street in Dublin’s city centre.
To help Iceland meet its growth targets XPO Logistics has developed a supply chain solution that combines the retailer’s own dedicated network with the capacity of its shared-user facilities to accommodate increasing volumes, seasonal peaks and promotional activity.
The logistics firm will manage Iceland’s fleet of 320 tractor units and 450 trailers, and says its will create further operational efficiencies by implementing an integrated inbound supply chain platform that leverages the retailer’s supplier relationships.
"XPO Logistics shares our values when it comes to putting people at the forefront of everything we do," commented Iceland supply chain director, Nigel Morley.
"This synergy, combined with XPO’s ability to deliver a flexible and scalable supply chain solution, will help us meet our growth objectives, both now and in the future."
Richard Cawston, managing director, supply chain – UK and Ireland for XPO Logistics, added, "We’re delighted to be working with Iceland and believe that our significant experience working with major food retailers will be invaluable in supporting our customer’s expansion."
© 2016 - Checkout Magazine by Jenny Whelan.