Hong Kong - Next Level Logistics

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Asia Pacific Legal Updates

 

31 May, 2019

 

Hong Kong - Next level logistics

 

Hong Kong’s manufacturing sector is not alone in needing to adopt IIoT technologies to remain relevant in the face of technological changes in mainland China. Many of Hong Kong’s third-party logistics (3PLs) providers have been slow to update their software platforms.

 

Suh sees Floship, a leader in cross-border e-commerce fulfilment, as a technology company first and foremost then as a logistics provider, describing many traditional 3PL platforms as “archaic”, making cross-platform integration more challenging.

 

Along with conventional 3PL services such as logging inventory as it arrives at the warehouse and sending status updates to clients in real time, Floship also operates a dimensional weight scale (DWS).

 

“After each order is picked and packed, it is sent off to our DWS. Here the weight and dimensions are captured and pictures taken. In real time, the data on actual and dimensional weight is sent back to our portal,” Suh said. He added that this information allowed Floship to predict shipping costs accurately and instantly bill its clients. “We’re able to offer a prepayment model. In a traditional fulfilment environment, the billing actually happens maybe a month after a product has been sent because you have to wait for the courier bills to come in.”

 

The pictures, moreover, allow both the company and the client to inspect the packing process and detect any defects or issues in real time.

 

While Floship has begun examining its options regarding automated warehouse solutions, mimicking developments already underway on the mainland, it has already automated its label-printing process, which allowed the company to trim around 30% of its workforce.

 

Read full Hong Kong report here.

 

Our new report reveals the readiness of Asian manufacturers and supply chain enterprises in the adoption of innovation in the Industrial Internet of Things (IIoT) and how businesses plan to solve market-specific challenges.

 

The report, produced in association with Osborne Clarke, produced key insights into how the internet of things is changing the face of global business, creating new opportunities in automation, smart manufacturing and predictive asset management. Focused on China, Hong Kong, India and Singapore major IoT manufacturers provided their learnings and thoughts on how Asian governments are striving to stay ahead of the fourth industrial revolution as greater industrial connectivity offers up unique opportunities for Asian markets.

 

 

 

To find out more, please visit report here.

 

For further information, please contact:

 

Stephen Lai, Managing Director, Conventus Law

stephen.lai@conventuslaw.com