Google AI
The Times Australia

Times Media Advertising

GEODIS expands offering to retail sector with new lease on multi-user facility in Shanghai’s Minhang District

A 10-year lease on the facility will continue to grow GEODIS’ presence in China and offer logistics solutions for the growing e-commerce industry

SHANGHAI, CHINA - Media OutReach - 15 March 2023 - GEODIS, a global leader in the transport and logistics sector, has signed a 10-year lease agreement with PRD Group for a 20,000 square-meter multi-user facility in Minhang district, Shanghai.

The facility is set to bolster GEODIS' contract logistics capabilities for retail partners, providing improved storage and inventory processing to support the fast-growing e-commerce industry that is expected to be worth USD 2 trillion in Asia Pacific by 2025 [1].

GEODIS China Shanghai MinHang warehouse for Contract Logistics-web.jpg

The new facility is slated to officially open to GEODIS' customers in July 2023 and will include a state-of-the-art storage system, consisting of mezzanine flooring, Very Narrow Aisle (VNA) pallet racks, and racking served by Autonomous Guided Vehicles (AGV). The facility will provide the space needed to support large merchandise inventory as well as inbound and outbound procedures. At peak capacity, the site will be able to manage an inventory of close to 20,000 Stock-Keeping Units (SKU). This will include having the space to process up to 300,000 lines per day for GEODIS' Business-to-Consumer (B2C) customers, in addition to approximately 15,000 lines per day for its Business-to-Business (B2B) clientele.

"Retailers today are facing a dynamic environment, where the rise of e-commerce and omnichannel platforms are changing consumer demands for goods and services. Our goal as a logistics provider is to support our customers – and theirs – by meeting these demands. With this strategic partnership with PRD Group, GEODIS will be tapping into the developed multi-user facility in Shanghai to optimize retail supply chains and provide innovative solutions that not only match but exceed the standards of service required by our retail partners to better serve their customers," said Onno Boots, Regional President & CEO, GEODIS Asia Pacific and Middle East. "We are excited to work closely with our partners to integrate GEODIS' operations into the facility in 2023 and continue our ongoing journey to being the strategic logistics partner of choice in the region."

As part of this facility, retail customers can also expect Value-Added Services (VAS) such as packaging and re-packaging, re-labeling, quality control as well as the handling of return shipments and reclamations.

Aligning with GEODIS' commitment of advancing sustainable supply chain growth, the lease will also provide the company access to concrete processes that manage carbon emissions, including the use of sustainable construction materials for the warehouse façade, LED lights and motion sensors, automatic energy consumption monitoring systems, which actively keep track of electricity usage, as well as energy-efficient air conditioners. These features in the developed site have been certified 'Platinum' by the Leadership in Energy and Environmental Design (LEED) rating system, the highest level of accreditation within the most widely used green building rating system in the world. To complement these, GEODIS' delivery fleet within the district will also consist of electric vans for urban delivery.


Hashtag: #GEODIS

The issuer is solely responsible for the content of this announcement.

GEODIS – www.geodis.com 

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked world no. 6 in its sector. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group.

Find out more. Get in touch with The Times.

Invalid Input
Invalid Input
Invalid Input
Invalid Input

Times Magazine

Offshore vs Inshore Centre Console Boats: Which One Should You Buy?

Centre console boats have become one of the most popular choices among modern anglers. Their open ...

Why Australian Enterprises Are Rethinking Their Core Communication Technologies

The corporate landscape in Australia has undergone a permanent structural shift over the past few ...

Road safety risk: New data reveals almost 2 in 3 Australian drivers are letting car maintenance slide as cost of living pressures bite

Australians are putting off vehicle maintenance and new research released on the eve of National R...

Technology

Why Australian Enterprises Are Reth…

The corporate landscape in Australia has undergone a permanent structural shift over the past few ...

Local News

QLD Day

On Saturday 6 June, parkrun events across the state will be a sea of maroon, with communities  str...

Culture

Bacteria Found in Baby Wipes: Should Australi…

Parents rely on baby wipes every day. Whether changing nappies, cleaning little hands or wiping me...

Travel

Sri Lanka: An Island Adventure That Delivers …

For Australian travellers looking for a destination that combines tropical beaches, ancient histor...

The Times Features

Australia's Property Market Is Adjusting. So Are B…

Australia's housing market is entering a new phase. For much of the past decade, buyers became ac...

Bacteria Found in Baby Wipes: Should Australian Parents…

Parents rely on baby wipes every day. Whether changing nappies, cleaning little hands or wiping me...

Melbourne Real Estate Road Trip: North of the Yarra

Part Two of The Times' Melbourne property road trip series. Last week we explored Melbourne south...