Facts on the Fuyao Group
- Fuyao is the world’s second-largest auto glass manufacturer, with about 27% of the global market share.
- It holds about a 78% share of the Chinese market, which it dominates, and is a supplier for 12 top global auto brands.
- Maersk Line ships 56% of Fuyao’s overseas export, which amounts to 8,000 FFE annually.
When you gaze through the glass window of your car when driving, chances are the Fuyao Group in China manufactured that glass. The second-largest glass manufacturer in the world, with a 20% share of the global market, produces glass mainly for automobile brands such as General Motors, Ford, Hyundai, Toyota and Honda. The Fuyao Group’s main target is to double their production within the next five years.
Being such an extensive manufacturer of automobile glass means that the Fuyao Group has a tremendous amount of logistics to handle, including 15 production facilities across China, one in Russia and another being built in the US. Maersk Line ships 56% of Fuyao’s exports, amounting to 8,000 FFE per year.
“We need an efficient and reliable logistics vendor, especially when dealing with our global customers and in relation to our global logistics network of warehouses,” says Ye Shu, Director of the Fuyao Group’s Procurement Department. “We value quality of service over cost.”
“Besides its global shipping network, Maersk also has an advantage in post-shipping service, which we value highly. In Europe, for example, our products require inland transportation via rail or truck besides just being shipped to the continent. By taking care of this, Maersk has become a global strategic partner.”
More importantly, the Fuyao Group, with its almost three decades of history, used to work with over 100 shipping and logistics suppliers, making transparency and efficiency a problem.