SupplyX Launches as an International Expert in Supply Chain Management
Otto Group Logistics GmbH, formerly known as Hermes International, will now operate under the brand SupplyX. The Otto Group company aims to further establish its position as a pioneering logistics service provider for global supply chain management and freight forwarding, as well as a strong partner for B2B clients.
SupplyX is already optimizing supply chain management for a variety of e-commerce and retail companies. The logistics provider supports the planning, coordination, and control of goods flows from suppliers to end customers. The focus is on performance optimization of supply chains, including the implementation of customized supply chain management strategies to sustainably maximize customer benefits.
Expanded Service Offering: Expert Knowledge and Digital Solutions
“We have built valuable expertise in freight forwarding, diversification, market entry, new production sites, digitalization, customs, and sustainability over the past years, combining this know-how with growing digital capabilities to provide customers with clear added value and competitive advantages,” says Managing Director Henning Goldmann. “Our expanding service offering and future-oriented approach are emphasized by the rebranding: As SupplyX under the Otto Group umbrella, we will continue to expand our growth strategy as a pioneering and innovative logistics player.”
The company will also continue to enhance its supply chain services and digital solutions, developing and implementing tailored solutions for the complex requirements of international supply chains based on modern technologies and data insights.
Creating a Comprehensive, Customer-Centric Logistics Offering
Logistics is an important and long-standing business area of the Otto Group. With SupplyX, the Otto Group is strengthening its service portfolio. “Excellent customer experiences in retail can only be achieved with strong global logistics. The challenges companies face here are also evolving very dynamically. With SupplyX as a strong and innovative partner, we offer comprehensive and customer-oriented global logistics solutions at a top level,” says Kay Schiebur, Executive Board Member Services of the Otto Group.
Prior to the establishment of the SupplyX brand, Hermes International operated under the umbrella of Hermes Germany. As a consistent step in the growth strategy, the service provider was established as an independent company and is now named Otto Group Logistics GmbH. The management is led by Henning Goldmann and Eva Witte.
More Information
Media Contact
Annette Siragusano
+49 40 6461 3982
annette.siragusano@ottogroup.com
Rosa Eshun
+49 40 6461 3785
rosa.eshun@ottogroup.com
About Otto Group
Founded in Germany in 1949, the Otto Group is now a globally operating trading and services group with around 38,500 employees across 30 major business units, primarily present in the three economic regions of Germany, the rest of Europe, and the USA. Its business activities span the segments of platforms, brand concepts, retailers, services, and financial services. In the fiscal year 2023/24 (ending February 29), the Otto Group generated revenues of 15 billion euros. With an online revenue of nearly 10.8 billion euros (fiscal year 2023/24), it ranks among the world’s largest online retailers. The company’s special strength lies in its ability to offer a wide range of services to diverse target groups in relevant regions of the world. A multitude of strategic partnerships and joint ventures provide the Otto Group with excellent conditions for knowledge transfer and the utilization of synergy potentials. A high degree of corporate responsibility and willingness to collaborate among the group companies ensures flexibility and customer proximity, as well as optimal targeting in the respective countries.
About Otto Group Logistics (Supply X)
Otto Group Logistics GmbH is a subsidiary of the Otto Group and will henceforth operate in the market as SupplyX. The headquarters is located in Hamburg. SupplyX is a leading specialist in trade-related services, focusing on freight forwarding and optimizing the supply chain performance of its clients. With its own branch in Vietnam and strategic partnerships in India, Pakistan, Bangladesh, China, the USA, and other countries, SupplyX offers comprehensive services in procurement and cross-border logistics, as well as strategic supply chain management.