Retail in Asia

In Shops

Woolworths named one of Gartner’s best supply chains in Asia

Ten regional companies made it to Gartner’s annual list of leading supply chains in Asia-Pacific. The only Australian and retail company on the list  is Woolworths, which the research firm said had one of the highest ROA performances in the region.

"While other regional retailers are still developing supply chain strategies, Woolworths has already embarked on its supply chain transformation journey. Efficiencies gained from historical initiatives like ‘Mercury One’ – that touched almost every aspect of the supply chain including procurement, distribution, order consolidation, inventory management, merchandising, and in-store stock availability – have helped integrate and mature Woolworth’s supply chain capabilities," Gartner said.

Meanwhile, ‘Mercury Two’ looks to couple an already capable network with advanced analytics and deeper direct selling expertise to drive the future of retail and define the evolution of the company’s network.

Gartner also said that last year’s investment in Quantium delivered advanced demand-sensing capabilities, positioning Woolworths to better understand the rapidly changing consumer environment and make informed trade-offs to optimize the flow of goods in and out of its network.

Woolworths opened its first basement store in Sydney’s Pitt Street in 1924. Since then it has grown to become a chain of stores with presence in Australia and New Zealand offering the finest quality fresh food.

The other nine companies in Gartner’s list of leading supply chains in Asia include: Samsung Electronics, Lenovo Group, Toyota, Hyundai, Huawei, Honda, Flextronics, LG Electronics and Sony.