Maersk has partnered with furniture retailer Castlery for a multi-year global integrated logistics and fulfillment agreement.
Castlery is partnering with Maersk to expand its warehouse capacity, with two more new warehouses in the USA set to open by the end of 2022. Globally, Castlery plans a fivefold increase its total warehouse capacity, with Maersk as a key partner in this build-out. In the partnership agreement, Maersk will help Castlery scale its business in the USA across 50 metropolitan areas with secured ocean capacity, improved integration between freight and warehousing fulfilment efficiencies, and more transparent data sharing that leads to strengthened inventory management. Using Maersk’s capabilities in managing supply chains amid ongoing disruptions, the partnership will enable Castlery to reduce wait times for orders to one to two months. Maersk’s landside facilities in these markets are expected to create time and cost savings at various points across the logistics and fulfillment chain for the furniture company.
Rupesh Jain, managing director of Maersk Thailand, Malaysia and Singapore, added, “With a shared goal of creating value and improving customer experiences, we are proud to be a part of Castlery’s growth journey. Maersk Singapore has successfully tapped into our global integrated logistics ecosystem to mount a solution that provides seamless omnichannel fulfilment and last-mile delivery for Castlery’s customers. This is in addition to long-term ocean space commitments which in effect cuts out any unnecessary nodes that can put strain on Castlery’s supply chains.”
Declan Ee, co-founder of Castlery.com, said, “Maersk has been a reliable partner to us since our early days, and we are very grateful for the continued partnership against the backdrop of a volatile macro environment and global supply chain uncertainties. Partnering with an integrated logistics partner like Maersk for the long-term gives us an edge in being adaptable and flexible to navigate disruptions and ensure efficient supply chain management. Timely delivery is critical in a digital-first furniture business and we remain steadfast in our commitment to provide a seamless shopping experience for our customers in Singapore and the international markets.”
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