Annual & ESG Report 2023-2024

Outperform

Our supply chain is crucial for ensuring the smiles of our customers and stakeholders. By organizing and optimizing our supply chain with clear approaches and policies, we continuously exceed expectations.

 
AWARDS

Functional Champion for Resilient Supply Chain of the Year

CPG by ISCM (Institute of Supply Chain Management)

Best initiatives in Demand & Supply Alignment

CPG Sector by ISCM (Institute of Supply Chain Management)

Delivering Smiles, More Responsibly

Colgate reaches more homes than any other brand in India and we are committed to going farther while minimizing our environmental footprint. We've set a target to reduce emissions by 20% from our 2020 baseline by 2025. To achieve this goal, we've developed a strategy and implemented various interventions on the ground.

Container Space Utilization
Finished Goods (FGs) are efficiently packed into the containers, ensuring more throughput per container, thereby reducing environmental impact and transportation costs while improving overall supply chain efficiency. Container optimization improved to 94% in FY 2023-24 compared to 93% in FY 2022-23.

High-Capacity Trucks Improved logistics efficiency by maximizing truck capacity consolidates goods into fewer trips resulting in lower emissions and reduced transport costs. We are one of the first FMCG companies to pilot and scale 50FT 37T containers.
Impact: 624 trips in FY 2023-24 for high-capacity trucks compared to 201 in FY 2022-23.

Containerization
Transitioning from open-body to closed-body trucks offers higher volume availability, lower cost per ton, and enhanced safety of goods during transit. Use of closed body trucks increased from 58% in FY 2022-23 to 80% in FY 2023-24.

Leveraging Multimodal Logistics

Integrated modes of transport, such as road-rail and road-ocean to optimize the movement of goods across various distances and terrains leading to 85% to 90% fewer emissions compared to road transport. Modal Shift: 85% to 90% lesser emission as compared to road.

3PL Engagement
Engaging with third-party logistics providers (3PLs) to explore electric vehicles, conducting pilot projects, and organizing sessions to connect EV OEMs with distributors, thus driving awareness.

Customer Engagement It involves various strategies to interact with and serve customers effectively.

Direct dispatches from manufacturing plants to end warehouses for efficient delivery.

Customer-led backhaul arrangements, where we collaborate with customers to convert customer empty miles to pick up of goods from our Warehouse, promoting sustainability and cost-efficiency.