Mar 4, 2021

Mars UK reports new US$477mn sustainable logistics operation

MarsUK
DHL
Sustainability
Logistics
Georgia Wilson
2 min
sustainable logistics
Mars UK has set targets to remove one million miles a year from the roads with its new US$476.8mn sustainable logistics operation with DHL...

In a landmark project between Mars UK and DHL, the two organisations have entered into a US$467.8mn sustainable logistics multi-year partnership. AS part of the partnership two ‘state of the art’ warehousing facilities and development of a ‘world class logistics operation’ will be built.

“Our partnership with DHL will deliver a world class logistics operation that is sustainable, smart and agile. What is good for our business is also good for the planet. This project is a meaningful step in our sustainability journey as we look to create the world we want tomorrow – which we know starts with how we do business today,” commented Tim Walker, Supply Chain Director at Mars UK.

The two new sites will be based in the Midlands and East London (representing an investment of US$467.8mn) and have been designed with sustainability at the forefront of the operations.

The two buildings to be known as ‘East Midlands Gateway’ and ‘London Thames Gateway’ will be operational in the spring of 2022 and 2023 respectively, and will be partially solar powered, rating in the top 1% of non-domestic buildings in the UK environmentally. The two sites have a combined square footage of more than one million feet and will utilise ‘state of the art’ high bay facilities with innovative automated pallet storage.

It is expected that the project will reduce Mars UK’s outbound logistics carbon footprint by 7.7%, and will remove a million miles a year from roads, which equates to 40 times around the world or 8,547 times round the M25, as well as increasing capacity by more than 50%. 

“We’re delighted to be extending our global partnership with Mars in the construction and management of these sites. Our shared environmental commitments are supported by this investment and we are creating long term, exciting jobs in both of these communities. This project will be the foundation of the UK logistics chain for Mars for many years to come and we are incredibly proud to be selected to lead in this project,” commented Jim Hartshorne, Managing Director, Retail & Consumer & Ireland, DHL Supply Chain.

For more information on procurement, supply chain and logistics topics - please take a look at the latest edition of Supply Chain Digital.

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Jun 7, 2021

Coupa Launches US$50 Million Ventures Fund

Coupa
BSM
Procurement
SourceDay
3 min
Business spend management (BSM) is coming back ─ and with its return, Coupa intends to invest in the future of its supply chain operation

Operational resilience and agility. Following the events of the last twelve months, companies have focused on these strategic areas like never before. Some, as we’ve noted, have started to wonder whether this trend will continue post-pandemic—or will we go back to the same old supply chain? Not if Coupa Software has its way. 

 

Last week, the company launched Coupa Ventures, a global fund that will invest US$50mn in early- and growth-stage companies that target business spend inefficiencies. “Coupa Ventures enables us to invest in a future where businesses and their suppliers can harness the power of their spend to constantly adapt, transform, and innovate”, said Rob Bernshteyn, Coupa’s Chairman and CEO. 

 

What’s Business Spend Management (BSM)? 

Let’s be honest, it doesn’t sound particularly sexy—it sounds like a subsection of the finance department. But business spend management, together with ERP (enterprise resource planning), CRM (customer relationship management) and HCM (human capital management) make up the core operating process of any company out there. When companies spend money, sign contracts, analyse supplier costs, take inventory or budget for the future, that’s BSM. Overall, business spend management is made up of three main areas: procuring materials, managing invoice, and handling expenses. Essentially, it’s the engine of the entire operation. 

 

Why Change It Up? 

According to Coupa, the next wave of BSM is now. It wasn’t always this way: in March of 2016, advisory giant Gartner claimed that BSM was dead. At that time, the firm was partly right. Companies couldn’t handle trillions of bits of data by themselves—and they were sinking as the waves of big data swept over their heads. 

 

But recent developments have meant that BSM isn’t fated to die just yet. “The key to optimisation is data—and not just any data”, Coupa stated. The company has supported community intelligence, in which machine learning uses anonymised data from hundreds or thousands of client companies to suggest better spend tactics. This way, companies can get better insight into their suppliers, track supply chain disruptions, and investigate procurement alternatives. 

 

This network effect is part of what makes Coupa Ventures so exciting. Said Eric Christopher, co-founder and CEO of Zylo, “We’re excited to join an expansive ecosystem of customers, suppliers, and partners”. 

 

 

First Companies in the Ventures Portfolio 

 

  • Zylo, a leading SaaS management platform that helps companies manage cloud-based applications, offers visibility into what software is being used, how much is present, and how a company can optimise its software investments. 

 

  • SourceDay, a leading supply chain performance solution, bridges the gap between a company’s enterprise resource planning (ERP) and its supply chain network. 

 

 

At SourceDay, Coupa’s investment is heralded as a chance for the company to really take off. “The investment from Coupa Ventures will...enable our joint customers to save money and leverage supplier performance as a competitive edge”, said Tom Kieley, SourceDay CEO. “We’re honoured to expand our relationship with the Coupa ecosystem”. 

 

Looking ahead, Coupa will capitalise on community intelligence to help its partners make smarter spending decisions. “[Organisations will] place bets on which investments will quickly pay off to accelerate their growth and resilience in the post-pandemic economy”, said J.J. Freitag, senior vice president of Corporate Development at Coupa. “[And] we’re looking to back the best ideas across Europe and beyond to help businesses build back even stronger”. 

 

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