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investment statement for - Pumpkin Patch investor relations

investment statement for - Pumpkin Patch investor relations

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warehousing and distribution<strong>Pumpkin</strong> <strong>Patch</strong> operates a 13,395m 2 distribution centre attached to its head office in EastTamaki, Auckland. The distribution centre serves as the global warehouse <strong>for</strong> all of <strong>Pumpkin</strong><strong>Patch</strong>’s stores and sales.The distribution centre receives substantially all manufacturedgarments and product ranges and is responsible <strong>for</strong> the daily dispatch of the products to itsstores in New Zealand, Australia and the United Kingdom, to its international wholesalecustomers and to fill its internet and catalogue orders. The distribution centre receives, picks,packs and distributes approximately 70,000 garments per day. Existing facilities are expected tobe sufficient <strong>for</strong> the <strong>for</strong>eseeable future.The distribution centre employs around 70 staff.It utilises a paperless management systemwhich enables <strong>Pumpkin</strong> <strong>Patch</strong> to receive daily sales in<strong>for</strong>mation from each <strong>Pumpkin</strong> <strong>Patch</strong>store, individual catalogue purchases and internet sales. These are then usually dispatched thefollowing day. The management system also allows packages that are sent internationally fromthe distribution centre to be tracked and electronically processed through various countries’customs departments.The distribution centre is capable of handling over 30,000 SKUs (discrete lines of stock) in anygiven period enabling the Southern and Northern hemispheres to be serviced simultaneouslydespite differing seasons and ranges.The distribution centre was leased in August 1999 <strong>for</strong> an initial term of 10 years with rights ofrenewal <strong>for</strong> a further 15 years. To provide <strong>for</strong> future development of the distribution centre,should the need arise, <strong>Pumpkin</strong> <strong>Patch</strong> has acquired approximately 20,300m 2 of undevelopedland surrounding its East Tamaki site.30

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