Singapore logistics technology firm to expand PH presence

0
1080
  • Zyllem’s cloud-based technology helps enterprises digitize their entire logistics network for increased efficiency and transparency
  • e-commerce in the Philippines experienced a 93% growth in gross merchandise value from US$9 billion in 2020 to $17 billion in 2021
  • The logistics transport service sector represents an $11 billion market opportunity that is ripe for disruption through digitalization

Global logistics technology provider Zyllem, which helps enterprises control their entire distribution in one integrated platform, has announced plans for further expansion in the Philippines.

Singapore-based Zyllem said it is offering its cloud-based technology to enable enterprises to digitize their entire logistics networks for more efficient, simplified, and transparent operations as e-commerce booms in the country.

Zyllem chief operating officer and co-founder Lisa Nguyen said the Philippines, with its explosive e-commerce growth, will benefit from digitalizing its distribution network.

She said e-commerce in the Philippines experienced a 93% growth in gross merchandise value from US$9 billion in 2020 to $17 billion in 2021, while the logistics transport service sector represents an $11 billion market opportunity that is ripe for disruption through digitalization.

Nguyen said local businesses are increasingly seeing the need to provide better and faster services and to optimize their logistics network to meet their customers’ requirements.

“The Philippines presents an exciting opportunity to help companies digitize and optimize their logistics network, eliminating legacy systems, despite the numerous unique logistical challenges that the country presents,” she added.

Logistics in the country presents a tremendous challenge due to its geographic makeup, which relies heavily on maritime transport to move goods domestically and internationally.

While road transport is mainly used to move goods to and from ports within each island, infrastructure is still poor with congested urbanized areas. Furthermore, cash on delivery is still a common method of payment for customers and businesses. All of this makes for a low-output environment where shipment delays are frequent, customers are unsatisfied, and providers are performing poorly, the company said.

“Logistics networks are often fragmented with companies having to manage multiple third party logistics partners and middlemen. Zyllem solves operational pain points with data gathered and fed into a unified dashboard, where customers will be able to take control of their logistic network and streamline their operations,” according to Joanna Pawluczuk, head of sales at Zyllem.

The company is able to optimize routes and reduce time spent on planning by 85%, allowing drivers to complete up to 30% more deliveries per day for an enhanced customer experience.

The firm, which started in 2014 as a logistics technology startup in Singapore, has developed an advanced and accessible logistics platform that is used by enterprises across the world in different industries such as retail, distribution, logistics, and e-commerce.

It counts Zuellig Pharma, Metro Drug, Airspeed, and Suy Sing among its key clients and is actively seeking to acquire more customers in the market.

Photo by Ruchindra Gunasekara on Unsplash