Supply Chain Digital Magazine December 2023 | Page 73

LOGISTICS

“ Having an extensive global warehousing network reduces shipping times and costs ”

ERIC TAN MANAGING DIRECTOR
FEDEX EXPRESS their shipments to arrive on time and in good condition . In recent years , there has been an increasing call for more-affordable shipping options that offer the same level of reliability , especially for non-time-critical deliveries .
In response to this demand , we introduced our FedEx International Economy services , connecting APAC to 170 markets worldwide . This service allows us to deliver parcels within two to five business days in APAC , and to major markets in Europe and the US in four to five business days .
The availability of affordable shipping options is also helping businesses , especially online retailers , manage cost , with order returns a standard component of e-commerce . For example , return orders are generally considered non-time-critical shipments and businesses can reduce costs by arranging such orders to be shipped by non-priority arrangements .
What role does a global warehousing network play ? Having an extensive global warehousing network is critical when operating in international markets . Such networks enable logistics providers to strategically store and distribute products across different regions , optimising supply
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