Rising cosmetics co. choose Menlo for Euro expansion
The fastest-growing cosmetics company in the US has chosen a distributor as it looks to crack the European market.
A distribution network will be operated from Menlo’s base in Eersel, the Netherlands, chosen for its high level of connectivity in Europe and internationally.
For California-based Menlo, which operates in 20 countries and has yearly revenue of $1.6 billion, this is seen as an opportunity to enter new markets.
Menlo’s Managing Director for Europe, Tony Gunn, said: “We hope that the service platform we establish for NYX will open doors for us in the personal care product sector of the market.
“We are obviously set for a rapidly developing supply chain mix with NYX in the future.”
Menlo, the global logistics subsidiary of $5.6 billion freight transportation and logistics services company Con-way Inc,headquartered in Ann Arbor, Michigan will provide transport management of inbound ocean and airfreight goods, inventory control, pick-and-pack order fulfillment and distribution into retail and ecommerce outlets.
Entrepreneur Toni Ko (pictured above, right) was in her 20s when she founded NYX in Los Angeles in 1999, where it is still headquartered. The company’s success in the US is down to cheap pricing and ultramodern, stylish packaging, but it is less well known in Europe, where Germany is currently its biggest market.
This partnership with one of the continent’s biggest distributors is the next step in expanding its already existing European network and going truly global.
NYX’s Chief Financial Officer Arash Khazei said: “Because of our scheduled expansion in the European market, we require a truly flexible partner that can be light on its feet when challenged to service new markets and to re-engineer a supply chain with minimum delay.
“In Menlo we recognised a logistics specialist that we believe has both a cultural fit with NYX when it comes to continuously improving process, and has a hands-on approach to solution provision.”
Kuehne+Nagel cuts carbon footprint by 70% for Honda China
Around 16,000 tonnes of CO2 has been cut from the supply chain of Honda's China-based manufacturing division through a road-to-rail transformation in partnership with logistics leader Kuehne+Nagel.
The programme was developed through KN Sincero, the joint venture between Swiss headquartered Kuehne+Nagel and Chinese automotive logistics firm Sincero, established in 2018.
KN Sincero worked with Honda China to develop an integrated solution to convert much of its domestic long-haul trucking to train lines, using regional hubs to improve supply chain performance and further reduce carbon emissions. The programme delivered consolidations as well as value-added services, including sorting, scanning, repackaging, GPS track and trace, and recyclable container management.
"Kuehne+Nagel has always been a supply chain partner that we can rely on, to help us improve our supply chain performance whilst also achieving our environmental goals,” said Mr. Jiang Hui and Mr. Takuji Kitamura, Joint General Manager of Wuhan Dong Hon, the logistics affiliate of Dongfong Honda Automotive.
After six months of shifting to the road-to-rail model, new supply chain reliability and efficiencies are expected to eradicate 16,000 tonnes of carbon emissions annually. The carbon savings represent an enormous 70% reduction in total.
"Automotive is one of the most important sectors in contract logistics, particularly in China, the world’s largest automotive market,” added Gianfranco Sgro, member of the Management Board of Kuehne + Nagel International AG, responsible for Contract Logistics. “I am glad that Kuehne+Nagel and Honda share a common vision of service, innovation and sustainability.”
Kuehne+Nagel’s Net Zero Carbon programme
Kuehne+Nagel announced its Net Zero Carbon programme in 2019 with a dual purpose to reduce CO2 output in its own logistics operations, as well as partnering with organisations to minimise their own impact on the planet. Kuehne+Nagel reached carbon neutrality globally in 2020 throughout its own, direct emissions, and is now focused on developing its capabilities to serve partners.
Dr. Detlef Trefzger, Chief Executive Officer of Kuehne+Nagel International AG, said the programme is “a package of measures to fight CO2 emissions and provide sustainable and innovative supply chain solutions – hand in hand with our suppliers and customers”.
As part of the initiative, Kuehne+Nagel established its own nature projects in Myanmar and New Zealand, and invested in ‘nature-based’ carbon dioxide compensation projects to strip harmful emissions from the environment. It is committed to being CO2 neutral for shipments in its network of transport suppliers by 2030.