HAVI LOGISTICS ApS

5.1. Business Model HAVI Logistics ApS (HL-DK) is 100% owned by HAVI Global Logistics GmbH with The HAVI Group LP as ultimate parent, and part of the HAVI supply chain. HL-DK’s philosophy is based on the principle of “One Stop Shopping”, mainly serving Quick Ser- vice Restaurants (QSR). HL-DK’s business model enables its customers to fully focus on their core business as HL-DK integrates itself into the customers supply chain. HL-DK’s customers design their own supply chain, define product ranges, and negotiate all conditions with its suppli- ers. Once conditions have been established, HL-DK takes over the operational management of the supply chain, ensuring optimization, consistency, compliance, and transparency. HL-DK takes on procurement, customer service, supply chain quality management and distribution of supplies for its customers. HL-DK activities are directed entirely to the rendering of logistics ser- vices, with a focus on value adding offerings. HL-DK assumes ownership of goods but does in principle not bear any risk, as all procurement activities are performed based on contracts and product specifications defined by the custom- ers. This activity works as a pass-through sales activity where HL-DK initially buys goods for its customers from the suppliers chosen by the same customers. Next HL-DK resells the goods to the customers at the buying price negotiated by the customers and with a logistic service markup added – this enables the direct sourcing model for the customers. HL-DK HQ is based in the distribution centre in Vejle, and daily business is run out of HAVI’s two leased distribution centres in Vejle and Ishøj. HL-DK is currently servicing around 340 deliv- ery points (restaurants/coffee bars /stores). HL-DK predominantly uses its own warehouse- and distribution staff as well as leased/company owned distribution trucks. Subcontractors are used where needed. In total HL-DK owns 25 trucks, all used for distribution. HL-DK employs 170 peo- ple; all located in Denmark. For additional information visit our global website