Business, Feature, Freight News, Logistics

GEODIS Sets Ambitious Business Goals

[ December 6, 2024   //   Gary G Burrows ]

Global logistics provider GEODIS announce its new strategic plan, Ambition 2027, to project the group into the future, while building on its achievements and continuing to focus on providing customers “innovative, sustainable and ethical logistics.”
A continuation of the previous plan covering the period from 2018 to 2023, Ambition 2027 is intended to meet industry changes and customers growing need for adaptability and efficiency through three key objectives over the next three years:
• Support customers in their global logistics projects with diversified, tailored, value-added solutions.
• Faster growth in the group’s financial performance and operational quality.
• Prioritizing social and environmental commitments as a central pillar in GEODIS’s growth strategy.
“In an increasingly uncertain and unpredictable world, GEODIS is constantly adapting and evolving to provide its customers with logistics solutions in which all modes of transport play a part, and which fully meet their expectations,” said Marie-Christine Lombard, CEO of GEODIS. “The Ambition 2027 strategic plan strengthens our focus on operational, financial, social and environmental performance while staying true to the group’s signature, ‘a better way to deliver,’ ”
Ambition 2027 is based on six key “ambitions:”
• Business development: as a growth partner to its clients through the diversity of its lines of business and its solutions, GEODIS aims to maintain its growth and increase its business volumes, while maintaining its commitment to quality through customer focus and a solutions-oriented approach. The group’s ambition is to achieve faster growth than the logistics market; this will be driven by the introduction of new tools and by 1,500 sales personnel.
• Operational and economic performance: GEODIS has upgraded the operational systems over the last 10 years through a series of long-term investments. Its cost structure and tools are now scaled to absorb new volumes and leverage operational productivity with compromising quality of service.
• Further enhance excellence of the services provided by the group, with a very high level of customer satisfaction, illustrated by a Net Promoter Score (NPS) of +37 in 2024.
• Digital innovation through substantial investments have been made in data, enterprise architecture and cyber security, with 3.5 percent of revenues invested in technologies in 2024, including in digital tools.
• External growth: GEODIS made several acquisitions in 2023, in line with its ambition to support customers worldwide and meet all their logistics needs.
• Sustainable and ethical development: GEODIS’s ambitious decarbonization strategy puts the health and safety of its employees, as well as dialogue with the whole range of its stakeholders, at the heart of its corporate strategy. GEODIS intends to increase its electric vehicle fleet 10-fold by 2030.

Tags: Geodis