Australia's Bondi Sands Awarded the prestigious International Supply Chain Award. Bringing Australia to the rest of the World.
Discover the journey of this renowned Australian brand, crafted on home soil and now available in over 45,000 stores worldwide.
The recipient of the International Supply Chain Award at the ASCLA annual awards in 2023. This brand’s success story unfolds through an innovative and efficient supply chain.
Bondi Sands, an Australian-owned and made brand, embarked on a mission to share the confidence and distinctive Australian lifestyle with a global community. Facing the challenges of an expanding product range, a new operational model, and the inherent complexities of the supply chain industry, Bondi Sands sought a resilient and agile solution.
In response, DMS Pty Ltd implemented Logility‘s comprehensive end-to-end supply chain planning platform.
The result?
Bondi Sands achieved unparalleled transparency and real-time inventory projections, optimised their inventory policies, and made informed supply decisions that prioritised business profitability. Furthermore, the alignment of their business plan across regions and functions became a reality.
The success of Bondi Sands in winning the International Supply Chain Award is a testament to the transformative power of a modern and responsive supply chain in facilitating substantial business growth on a global scale.
The results of their implementation included:
✔ Dynamic optimisation and auto-updating based on service target and margin contribution
✔ Clear set of visual, effective & real-time KPIs systemically generated
✔ One source of truth and full alignment of data set across the business
✔ Data driven and smart algorithm based sales forecast, integrating multiple data sources from internal and external environments
✔ Optimised supply chain flows in both upstream & downstream
✔ Fully integrated ICT ecosystem, with both upstream and downstream external business partners outperform business expectations
Most notably, Bondi Sands achieved a 37% reduction of Working Capital – Days of Inventory over 8 months.
Bondi Sands’ journey serves as a compelling example of how forward thinking businesses must adapt and innovate to thrive amidst the constant disruptions. Their strategic adoption of technology and the realignment of their supply chain with their broader business goals have not only fortified their resilience but have also positioned them for continued growth and the worldwide delivery of the iconic Australian lifestyle to their global community.
DMS is so thrilled to share this incredible collaboration! We couldn’t be prouder of Bondi Sands and the strides we’re making together
Pictured above are DMS Managing Director, Yuri Verjoustinsky and Bondi Sands, Bryce Foster proudly accepting the SCLAA awards.
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