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ASC opens German hub
[ August 2, 2023 // Chris Lewis ]Advanced Supply Chain (ASC) is investing £60million in a new European operating facility in Nettetal, Germany, about 30km west of Duisberg on the Netherlands border.
Part of Reconomy which provides tech-enabled solutions for the circular economy, ASC delivers services to retailers and consumer brands including specialist software for pre-retail, returns processing, fulfilment, wholesale distribution and transportation.
The site includes a photovoltaic system and there are 12 electric vehicle charging stations. It was developed by logistics real estate specialist Verdion for its European logistics fund VELF1, which focuses on urban logistics in strategic locations.
As well as the 21,647sq m Nettetal site, ASC will open a new logistics and fulfilment centre in Bradford, UK in September and a new site in Poland by the end of 2027.
ASC chief operating officer, Ben Balfour, said: “Opening in Nettetal will provide retailers and consumer brands throughout Germany and Europe with access to our full range of solutions for optimising their omni-channel supply chains. Our industry-leading technology can enhance supply chain visibility, effectively integrate multiple sales and returns channels, and deliver rich data that helps inform much more strategic decision making.”
He added: “Expanding in Nettetal is part of our mission for supporting customers’ goals to maximise the value of their supply chains. For example, the new operating facility provides retailers with the ability to process European customer returns much closer to the point of sale. This can help to reduce supply chain mileage, cut carbon emissions, and generate new financial savings that benefit the overall feasibility of customer returns and avoid margin dilution.
“Investing in Germany will help keep us ahead of the demand for our technology-led supply chain solutions and support ASC’s future expansion across Europe and internationally.”
Tags: Advanced Supply Chain; ASC