Insourcing Logistics Operations and Physical Centralization of Inventory
First written in FY2021. 4 of 5 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2023-Q2.
1 other company's latest entry also says "Advanced".
- FY2023-Q2AdvancedAnnual report
「Expenses in the apparel business decreased due to lower personnel expenses resulting from business downsizing, including a narrower brand portfolio and store closures, and reductions in external logistics costs through the in-house operation of logistics.」
The reduction in external logistics and other costs from bringing logistics in-house, together with cost savings from store closures and brand rationalization, was reflected in the results. - FY2023-Q1AdvancedAnnual report
「Expenses in the apparel business decreased due to lower personnel expenses resulting from business downsizing, including a narrower brand portfolio and store closures, and reductions in external logistics costs through the in-house operation of logistics.」
The reduction in external logistics costs from bringing logistics in-house, together with lower personnel expenses associated with the contraction of the business, was reflected as a decrease in expenses in the apparel business. - FY2022-Q2AdvancedAnnual report
「In June 2021, the company also brought previously outsourced logistics operations in-house and worked to improve e-commerce logistics efficiency, centralize inventory, strengthen inventory coordination between stores and e-commerce, enhance services such as e-commerce ordering, and improve logistics efficiency across the Group」
In June 2021, the company brought logistics operations in-house and progressed to full-scale operation of its own logistics center, inventory centralization, an e-commerce ordering service and logistics efficiency improvements. - FY2022-Q1AdvancedAnnual report
「During the quarter, the company also brought previously outsourced logistics operations in-house and worked to improve e-commerce logistics efficiency, centralize inventory, strengthen inventory coordination between stores and e-commerce, enhance services such as e-commerce ordering, and improve logistics efficiency across the Group」
During the quarter, the company brought outsourced logistics operations in-house and progressed with the opening of a logistics center, inventory coordination between stores and e-commerce, an ordering service, and logistics efficiency improvements. - FY2021First statedAnnual report
「For the fiscal year ending March 2022, the company worked to bring logistics operations previously outsourced in-house, while reducing variable costs and the variable cost ratio. It also sought to further improve the sell-through rate by physically centralizing inventory and strengthening inventory coordination between stores and e-commerce.」
The company brought previously outsourced logistics operations in-house in the fiscal year ending March 2022, reducing variable costs and the variable cost ratio while advancing a new initiative to physically centralize inventory.