ReutersReuters

Aussie Woolworths' Moorebank hub seen speeding up supply chain gains, Jefferies says

RefinitivLess than 1 min read

** Jefferies says Australian top retailer Woolworths' WOW logistics Moorebank hub sits at a sweet spot, tapping rail links, arterial roads and port access to sharpen its supply chain edge

** Brokerage expects the hub to shave supply-chain costs, ease store labour and lift store availability

** Sees the facilities ramping far quicker than co's critical Melbourne South Regional Distribution Centre, with tech tweaks and earlier learnings set to amplify gains

** However, flags that much of the upside will likely be ploughed back into the business

** Stock down 3.6% YTD as of last close

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