Company visit 3 - Kerry Logistic

About Kerry Logistic:

Kerry logistic is a Integrated Logistic provider in Hong Kong. It is a Asia Based Company and their service provide worldwide over 70 countries in the world  Their Head office - Kerry Cargo Center,is located at Kwai Chung which is in Hong Kong. Kerry logistic is also one of the Fortune 500 companies. In worldwide, they have over 600+ offices and business centers and they also hire more than 19000 employees in the world.

Their Mission:

*Home base in Asia

*Strong focus on China

*Provide best logistics to make customers successful

*Create Value of VOICE:

V- Value creation  O- Openness I- Integrity

C- Commitment  E- Excellence

Let see where Kerry Logistic have working at :

1. In 2013-2014 HK financial budget, there are some lands reserved for logistics sector in Tsing Yi and Tuen Mun West for the development of logistics facilities. What will the plans and actions be taken so as to gain the greatest competitive advantages?

Accroding to speaker's response It still need to wait the Final decision on the usage of land. There is a Possibility to change the land use now. The land use may change to Residential land use. (Due to the little land supply in Hong Kong and High revenue by expanding real estate)

Also, they should Expand high value-added logistic service. From financial budget plan 2013 – 2014, the industry is moving towards the provision of high value-added logistics services. Hong Kong is developing into a regional distribution centre for high-value goods, which differs from its conventional role.Just like the example of Canon that mention by Speaker

Rental ability is one another point. As this action can shorten operating time and reduce logistics and inventory costs, After considering the cost and profit factor, As this is the new Land launch by government , Kerry Logistics should increase the possible rental capital in order to strive  for a admission.

Kerry Logistic also need to act promptly. To compete with the other companies apply to this item, Kerry Logistic must act prompt to confer with the government.Also, there will  be a better communication in prompt act also.

Q2. How can Kerry Logistics balance the operational efficiency and cost in door-to-door line haul trucking and LTL service?

Answer is to use hub-to-hub delivery network, operation center is located in major cities in China and Taiwan.

Kerry Logistics owns and manages a fleet of 20-ft and 40-ft container trucks that provide efficient, cost-effective and on-time deliveries to customers.

Also,GPS systems enabling Kerry logistics to track and monitor shipments 24-7 from origin to destination.

For LTL ( Less-than-Truck-Load),Direct collection and delivery, regular departures, high flexibility, reliable lead time, high capacity and freight management are the factors.

Run regular LTL services along multiple lanes in major cities around the world. Also,highly experienced team, well-trained experts — many with local and multilingual capabilities — provide customers with smart, proactive solutions, including design, planning and execution that achieves maximum results.

Q3. If the warehouse inventory was damaged or lost due to some accidents incurred, What policies do Kerry Logistics provide to protect your clients’ interests?

There is a Insurance Brokerage cover any unfortunate circumstance during transportation ,which is specially customized to meet insurance requirements.

Customers can report instantly through online incident report system and obtain the first available advice from the claim handling team.

Also, The licensed brokerage consultant team of Kerry Logistics is capable of customizing an insurance program in any context to obtain optimum compensation.

Q4. How does Kerry Logistics Virtual Buying Office operate and help to enhance the efficiency for inventory management?

This is Similar to SAP .It can help customers better connect with the logistics process. It can increase overall efficiency and reduce the inventory risk.

It is a Advance IT system,strong team of IT technician .VBO is to meet the unique requirements of each and every customer.

VBO functions:

PO management, sourcing spread control, vendor management, vendor performance management, production status tracking and quality control.

Q5.What are your competitive advantages compared to other competitors such as HIT or DHL?

HIT is  container port operator which is focus on transit delivery service.

But Kerry Logistic focus on 3P warehouse logistics . So, they are not direct competitor.

If Compared to DHL,the greatest advantage is that Kerry logistics is an asset based company,more lands is mean that Kerry can provide more flexible service.

After the visit, we got a clearer picture of the Hong Kong logistic industry. Also we think that, I.T. has really changed the definition of logistics.

Besides,we familiar that Logistics is one of the four key industries supporting Hong Kong’s economy and quality manpower is so Important to maintain competitive advantage.