Joseph Phi , President of LF Logistics , describes the ways in which his business has achieved incredible success with hand-picked technologies and an enviable company culture
China is the largest and fastest-growing online market in the world , and LF Logistics has pivoted to ride on this growth bandwagon through its e-logistics services .
From working with just one brand in 2010 , LF Logistics now collaborates with over 40 world-renowned multinational brands . This year , the number of orders it will process during Singles ’ Day ( the equivalent of Black Friday and Cyber Monday ) is expected to exceed 8,000,000 . Just four years ago , the number was 300,000 . At this rate of growth , LF Logistics is well on its way to dominate this all-important market segment .
Guided by its operations-centric philosophy , LF Logistics has built an unparalleled track record of executing an excellent omni-channel strategy for customers , a well-acknowledged point of differentiation against its rivals .
Asia is its home court , and it enjoys a superb home-court advantage .
LF Logistics focuses on five key verticals – Footwear & Apparel , FMCG , Food & Beverage , Healthcare , and Electronics . For each vertical , the goal is to become either number one or two in every market in which it competes . Its scalable and repeatable business model allows the company to add a new vertical at the right time and with the right opportunity . Its menu of services includes distribution center management , transport ( including first and last-mile delivery ), freight forwarding , hubbing and consolidation , order processing , data analytics and other value-added services . LF Logistics runs a full suite of IT services that digitises each facet of its customer ’ s demand and supply chain .
This global logistics arm of Li & Fung , the world ’ s leading supply chain solutions partner for brands and
78 November 2017