Digitization's key role in securing this prestigious title for China
Published 02-27-23
Submitted by Mondelez International
Congratulations to MDLZ China's Suzhou plant for joining the esteemed league of manufacturers recognized as the Global Lighthouse Network by the World Economic Forum (WEF).
Great job by our Suzhou plant for leading the way in driving productivity, quality, sustainability, and supply chain resilience through digital and advanced technologies.
Digitization's key role in securing this prestigious title for China
With a bold ambition to grow retail models, double store coverage and address the impact of inflation on labor and logistics costs, MDLZ China invested in 4IR (4th Advanced Industrial Revolution) digital solutions. The solutions allowed the team to transform into an integrated supply ecosystem, resulting in an improved OTIF by 18 percent, reduced lead times of 32 percent, and market-share growth.
A huge thank you to the cross-functional teams who worked through challenges and actively contributed to the plant's digital transformation journey. This milestone has set China a step closer towards the BU's digital ambition!
Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. With 2024 net revenues of approximately $36.4 billion, MDLZ is leading the future of snacking with iconic global and local brands such as Oreo, Ritz, LU, Clif Bar and Tate's Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk, Milka and Toblerone chocolate. Mondelēz International is a proud member of the Dow Jones Best-in-Class North America and World Indices, formerly Dow Jones Sustainability Indices. Visit www.mondelezinternational.com or follow the company on X at www.x.com/MDLZ.
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