Maersk and Castlery sign multi-year global logistics and fulfilment agreement

Singapore – Maersk has entered into a partnership with Castlery, a Singaporean furniture retailer, for a multi-year global integrated logistics and fulfilment agreement.

By leveraging Maersk’s capabilities in managing supply chains amid ongoing disruptions, the partnership will enable Castlery to offer seamless delivery for its customers, reducing wait times for orders to one to two months, approximately three times faster than the industry average of three to six months.

As Castlery expands into international markets including Australia and the United States, which contributed to 80 percent of the firm’s total revenue, Maersk’s landside facilities and expertise in these markets will create additional values for Castlery to optimise time and cost savings at various points across the logistics and fulfilment chain.

Maersk has been a reliable partner to us since our early days, and we are very grateful for the continued partnership against the backdrop of a volatile macro environment and global supply chain uncertainties.

Partnering with an integrated logistics partner like Maersk for the long-term gives us an edge in being adaptable and flexible to navigate disruptions and ensure efficient supply chain management.

Timely delivery is critical in a digital-first furniture business and we remain steadfast in our commitment to provide a seamless shopping experience for our customers in Singapore and the international markets.