The company uses Xeneta’s unparalleled data density and global coverage to gain efficiencies across teams and build a robust and reliable supply chain.
Huhtamaki radically reduced their entire procurement process from what would traditionally take about 6 - 12 months to half of a year. In addition, they were able to move away from disparate indices for more accurate market rate movements. The team monitors the price trends on port-to-port levels weekly & monthly, which allows them to agree to long-term contracts and long-term budgets with confidence. Huhtamaki standardizes their procurement on Xeneta data and uses it to negotiate with their suppliers. This has allowed Huhtamaki to streamline its supplier list and form trusted partnerships.
Huhtamaki’s manufacture spans more than 435 years and operates 80 locations, with 40 of them involved in ocean freight. Huhtamaki Flexible Packaging Europe ships an average of 1,500 TEU from Europe outbound, and its most important trade routes are Africa, North America, and South America. Globally, Huhtamaki ships about 9,000 TEU/20,000 metric tons to Europe, Africa, Asia, and Latin America.