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Mondelez - Suzhou

To quadruple retail channels in China and double store coverage to 4 million retail outlets, and address the impact of double-digit inflation related to labour and logistics costs, the company invested in multiple Fourth Industrial Revolution solutions. This allowed it to transform a linear supply chain into an integrated supply ecosystem, with improved OTIF by 18%, reduced lead times of 32% and securing growth in market share from 23.4% to 28.3%.

Locations
Greater China, People's Republic of China
Sector
Food & Retail
Year published
13 January 2023
Initiative type
Lighthouse - E2E
Organization
MONDELEZ
Timing
GLN - Wave 10

Global Lighthouse Network

A World Economic Forum Initiative