Denmark: Damco to focus on supply chain management21.08.2017 Denmark: Damco to focus on supply chain management
Børsen, 21 Aug 2017, online:-
A.P. Moller-Maersk's logistics company Damco aims to improve its profits via an increased focus on supply chain management. The company's merger with Danish logistics and shipping companies Maersk Line and APM Terminals, other subsidiaries under A.P. Moller-Maersk, has led to a strategy shift which will now be top priority for Damco. Klaus Rud Sejling, CEO of Damco, comments that future growth will primarily come from the supply chain solutions segment, but that new investments will be required. He further says that despite significant IT investments over the past five years, there still exists a gap with regard to product development, IT platforms and digitalisation.