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

Development of logistics centers in Lao Cai to promote import and export

On November 22, in Lao Cai city, the Vietnam Trade Promotion Agency, the Ministry of Industry and Trade and the Department of Industry and Trade of Lao Cai province jointly organized a workshop on promoting import and export activities, promoting the role of Lao Cai on the Kunming - Lao Cai - Hanoi - Hai Phong - Quang Ninh economic corridor.

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

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

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.

Local logistics industry aims for green development

Việt Nam needs solutions to develop green logistics to take advantage of free trade agreements (FTAs), especially new generation FTAs to help the industry develop, support market expansion and promote exports.

Import and export of goods in 2022 may exceed 700 billion USD

The latest statistics of the General Department of Customs show that, by the end of 11 months, the scale of import and export turnover of goods reached approximately 674 billion USD.

Terms on the bill of lading to know

Bill of lading (B/L) refers to bill of lading as a freight bill of lading, which is considered as a...

Global shipping growth at risk from economic gloom, UNCTAD says

Synopsis The slowdown is expected to impact shipping, which transports more than 80% of global trade, although tanker freight rates could stay high.

By 2025, the ICD could handle up to 8.7 million tons of cargo.

By 2025, develop a dry port system capable of approving about 20% - 30% of the demand for import and export container transport with a total capacity of about 6 - 8.7 million Teu / year.

Proposal to invest in dry ports in the form of PPP

As a later type of development than seaports, but currently dry ports are interested in investing in areas and transport corridors with large container cargo traffic.

Global 3PL logistics growth rate reaches 9%

The global third-party logistics (3PL) market size is expected to grow from $900 billion (2021) to $990 billion this year at a 9.4% CAGR, according to Business Research Company.