ENDLESS PORTFOLIO COMPANIES TAKE HOME TWO AWARDS AT THE SUPPLY CHAIN EXCELLENCE AWARDS 2021
Two Endless portfolio companies have taken home awards at this year’s Supply Chain Excellence Awards, with online bathroom retailer Victoria Plum and logistics company Menzies Distribution both being named winners in the Retail Supply Chain Excellence and Logistics Sustainability categories respectively.
The prestigious awards, which are now in their twenty-fifth year, are regarded as the benchmark for supply chain best practice; attracting entries from across the UK and Europe, the awards are renowned for their rigorous judging process.
Victoria Plum’s award follows a stellar year for the online bathroom retailer which saw it post a record 46 per cent increase in sales to £103m for the year ended 28 February 2021. During the same period, EBITDA rose 115 per cent to £4.5m and the company increased its headcount from 349 to 398.
Victoria Plum’s chief executive, Paul McClenaghan, added: “Winning this award is testament to the constantly exceptional efforts and achievements of our supply chain and logistics team.
“Thanks to their hard work and commitment, we continue to be able to deliver products to customers throughout the UK despite the well-publicised pressures on many logistics operations.
“We know that this ability to provide our products in a timely manner is essential to meet the expectations of our new and existing customers as we continue to implement our growth strategy.”
In recent years, Menzies has invested significantly in reducing its impact on the environment. Through the introduction of electric vehicles into its fleet, the business now drives in excess of 260,000 emission free miles per annum, saving more than 2.5 million kg of CO2. In addition, the business uses 100% green renewable electricity throughout its network.
CEO of Menzies, Greg Michael commented “This award is fantastic recognition of the whole organisation’s commitment to building sustainable solutions.
“We are continuously working on innovative solutions to reduce our carbon footprint and in so doing supporting our clients’ environmental strategies.”