Magnit is one of Russia’s largest logistics operators. Over the years, we have opened new distribution centres, improved our warehouses, added and upgraded our fleet of vehicles and built new transport routes. We continue to expand our logistics network and optimise all related processes.
In the reporting year, the Company and its partners embraced an end-to-end supply chain to streamline product shipments in a meaningful way. In the near future, this will allow us to speed up delivery and improve the inventory turnover. In addition, we will reduce distribution costs, which will make the products more accessible and attractive to customers.
In the summer of 2022, we joined an initiative to test unmanned logistics corridors, the first of which will be launched in 2024 on M11 motorway. The use of unmanned vehicles will improve traffic safety and reduce driver payroll costs by 30% and fuel costs by 28% by 2025.