Benetton
About Benetton
Industry: Retail (clothing, accessories and footwear)
Turnover: € 847 million in 2021
Benetton Group is one of the best-known fashion companies in the world, present in the most important markets in the world with a network of about 4,000 stores; a responsible group that plans for the future and lives in the present, with a watchful eye to the environment, to human dignity, and to a society in transformation.
The Group has a consolidated identity comprised of colour, authentic fashion, quality at democratic prices and passion for its work: these values are reflected in the the strong, dynamic personality of the brands United Colors of Benetton and Sisley.
Challenges
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Need to benchmark the tariff status towards logistics operators
- Need to execute a carrier scouting process to get in touch with new players
- Need to execute structured tenders
- Need to shorten the time taken to analyse collected data
- Need the ability to compare received offers
The Solution
To tackle these challenges, Benetton Group has chosen the Transporeon Freight Procurement solution, a lean and flexible tool that allows the Group to execute logistic tenders at the most appropriate times and this makes it possible to grab opportunities that the market offers day by day.
Thanks to the comprehensive database of carriers and the effective RFI system, Benetton Group has been able to select new partners to integrate and interact with in the subsequent phases of the tender.
Finally, the powerful analysis tool allows the Group to analyse in detail and in a very short time each offer received, then create ad hoc scenarios based on the strategic needs of allocation.
Benetton Group has been using Freight Procurement for more than eight years now, both for all maritime flows in full containers and for air transport.
Results
- COST REDUCTION: structured management and stability of tariffs with subsequent measurable savings
- MORE EFFICIENCY: fast collection of offers and feedback from suppliers with more competitive partners
- BETTER DATA QUALITY: improved tender performance and more data reliability
- MORE TRANSPARENCY: the standardised management of information allows for comparability
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PRODUCTS