FM Logistic to manage warehouse operations for gro24/7

FM Logistic to manage warehouse operations for gro24/7

Third-party logistics provider FM Logistic recently announced a partnership with gro24/7, one of the largest B2B e-commerce platforms in Việt Nam, to provide warehousing and urban logistics services.

A distribution centre of FM Logistic in Bình Dương. The company signed an agreement with gro24/7 to provide warehousing and urban logistics services. – Photo courtesy of FM Logistic

 

HCM CITY – Third-party logistics provider FM Logistic recently announced a partnership with gro24/7, one of the largest B2B e-commerce platforms in Việt Nam, to provide warehousing and urban logistics services.FM Logistic will handle warehousing operations for gro24/7 from its multi-client urban distribution centre in the city of Dĩ An of the southern province of Bình Dương. The company will help gro24/7 fulfill and deliver orders by SME retailers.

From Dĩ An, the products will be delivered to 60 per cent of HCM City’s districts as well as to the entire southeast region.

“gro24/7 is one of the most utilised B2B e-commerce platforms by grocery store owners in the country. After a relatively short time in operation, we reached the milestone of serving 20,000 retailers in HCM City. We are trusted by more than 23 major FMCG manufacturers and distributors, representing 70 famous brands with hundreds of products," company CEO Sơn Phạm said.

"To support operations on this scale, we needed a strong logistics partnership like FM Logistic Vietnam who will help make our supply chain faster and more cost-effective. We are thrilled by their value-added services and have chosen them as a strategic partner after one month of operation for their contribution to the development of gro24/7,” he added.

With clear trends of accelerating urbanisation and the rise of e-commerce, Asian cities including HCM City are increasingly experiencing issues related to the delivery of goods in urban areas.

The rising number of urban vehicles is leading to increased congestion, air pollution and noise, which negatively impact traffic safety, quality of life and urban economic competitiveness.

These consequences put pressure on brands, manufacturers and distributors to find innovative ways to get their products delivered to consumers with minimal footprint and environmental impact. Logistics providers have therefore a major part to play in building and optimising long-term and sustainable urban logistics models for clients.

According to the latest published whitepaper from FM Logistic “Urban logistics challenges: HCM City”, Việt Nam's retail landscape is 88 per cent unorganised, with small independent mom and pop stores making up about 40 per cent of the market, presenting a massive opportunity to digitise and drive efficiencies in the value chain.

“By combining infrastructure, technology and collaborations, value creation within urban logistics can be augmented, specifically in the hopes of defining sustainable economic models. Outsourcing supply chains to a specialist such as FM Logistic can help consumer goods companies respond quicker to these urban logistics challenges and increase operational efficiency,” said FM Logistic Asia managing director Stephane Descarpentries. – VNS

 

vietnamnews.vn

Ý kiến bạn đọc
Chủ đề liên quan
Có thể bạn sẽ quan tâm

Long An develops border trade infrastructure

Enterprises believe that there should be mechanisms and policies to promote investment in border areas; At the same time, it is necessary to focus on investing in the development of transport infrastructure and smooth connectivity for trade.

Reduce logistics costs, increase import and export capacity

The Vietnam Association of Logistics Service Enterprises (VLA) has just reported on logistics activities in Vietnam, in which it is worth noting that logistics costs are equivalent to about 20-22% of annual GDP, significantly higher than Thailand (19%), China (18%), Malaysia (13%) and nearly three times higher than countries such as the US, Singapore (8%).

VIMC plans to divest from big seaports

CMSC recommended that VIMC divest capital in seaport enterprises, but only to a 65 per cent ownership rate.

Automated palletising system stream lines process

Tectra Automation has successfully designed, supplied, installed and commissioned a turnkey solution that has simplified the palletising process while increasing...

CMA CGM buys New York/New Jersey terminal operations from GCT

French carrier’s East Coast move follows 2021 terminal investment in LA

What is FCL/LCL?

An FCL/LCL contract is a mode of shipment by ocean freight, also called “pier/house”. The charger takes the packages in a container and delivers a cargo which is destined for several different recipients. On arrival to the port destination, the packages are separated. They are then put at the disposal of the different recipients or delivered to them.

Low imports cause Gasoline shortage

The current partial shortage of gasoline and oil has been caused by wholesalers not importing sufficient amounts, says said Deputy Minister of Industry and Trade Do Thang Hai.

China Southern to list air cargo capacity on Freightos market

WebCargo unit penetrates Chinese market in a first for airfreight booking platforms

North American logistics business in slow growth

The boom period for North American logistics companies is predicted to come to an end as economic activity cools down, slowing growth in 2023.

Global logistics activities in 2022 and implications for Vietnam

In the first months of 2022, the global logistics market continues to recover and enters a new phase with the expectation of bringing significant growth for both 2022 and the next period. However, in the face of risks from the Russian-Ukrainian war tensions, the outbreak of the disease in China... is raising the risk of global supply chain disruptions, affecting logistics activities. In the face of complicated developments on a global scale, there are still many difficulties in the short term, requiring logistics businesses and shippers to continue to adjust supply chain and logistics models.