In early 2010, Panalpina re-evaluated and re-vamped its corporate
strategy to increase its focus on profitable growth through its
passion for solutions. One of the steps taken during the strategy
review was to change from a geographically-driven organization
to a product-driven one with a strong focus on Industry Vertical
customer-specific solutions.
To that end, Panalpina has refined its customer group or Industry Vertical (IV) organization; increasing the number from seven to ten IVs. This was achieved by separating the formerly combined "Healthcare and Chemicals" and "Retail and Fashion" IVs into individual groups and by adding a new IV for "Manufacturing".
Beginning January 1, 2011, Panalpina will focus on ten core industries in which it provides industry leading expertise and tailor-made customer specific solutions.
The Annual Report 2010 reports on the seven Industry Verticals which were in effect until the end of the reporting year.
To that end, Panalpina has refined its customer group or Industry Vertical (IV) organization; increasing the number from seven to ten IVs. This was achieved by separating the formerly combined "Healthcare and Chemicals" and "Retail and Fashion" IVs into individual groups and by adding a new IV for "Manufacturing".
Beginning January 1, 2011, Panalpina will focus on ten core industries in which it provides industry leading expertise and tailor-made customer specific solutions.
The Annual Report 2010 reports on the seven Industry Verticals which were in effect until the end of the reporting year.