1. In 2013-2014 HK financial budgets, there are some lands reserved for logistics sector in Tsing Yi and TuenMun West for the development of logistics facilities. What will the plans and actions are taken so as to gain the greatest competitive advantages?
Because the plots of land mentioned in the policy address haven’t been put up for sales, hence Kerry logistics needs to take into account the price of land and the IRR (internal rate of return) when considering buying the land for development or not. Moreover, it is known that the IRR of warehouse is very low and most of the lands are used for residential use.
2. How can you balance the operational efficiency and cost in door-to-door line haul trucking and LTL service?
Kerry logistics ‘s robust network links an extensive range of regions and major cities in various countries, where they provide door-to-door line haul trucking and LTL service. And line haul trucking means hub-to-hub transportation. Take Taiwan as an example, Kerry logistics has three hubs in Taiwan which are located at Taipei, Taichung and Tainan. Many trucks will go back and forth between these hubs every midnight for the purpose of delivering parcels for customer. And LTL service means hub-to-spoke transportation.
In providing expert road freight services, their teams provide customers with proactive solutions, including design, planning and execution that achieve maximum results. Furthermore, they only deploy from their own fleet of regularly serviced, thoroughly secure trucks, ensuring to provide increase the operational efficiency and lower the cost.
3. If the warehouse inventory was damaged or lost due to some accidents incurred, What policies do Kerry Logistics provide to protect your clients’ interests?
Insurance Brokerage
Kerry logistics’s insurance brokerage service is specially customised to meet customers’ insurance requirements, whether customers choose to insure a single shipment or secure an open policy coverage. They further insure matters relating to supply chain risk assessment specifically and also devise suitable and precise risk treatment proposals including insurance.
In the event of loss, damage or theft, customers may report instantly through their online incident report system and obtain the first available advice from our claim handling team. As a general rule, compensation is normally bound by "limitation of liability" in carriage contracts. Kerry logistics licensed brokerage consultant team is capable of customising an insurance program in customers’ context to obtain optimum compensation.
In insuring goods, Kerry Logistics strives to offer the maximum possible coverage at cost-effective rates.
In the event of loss, damage or theft, customers may report instantly through their online incident report system and obtain the first available advice from our claim handling team. As a general rule, compensation is normally bound by "limitation of liability" in carriage contracts. Kerry logistics licensed brokerage consultant team is capable of customising an insurance program in customers’ context to obtain optimum compensation.
In insuring goods, Kerry Logistics strives to offer the maximum possible coverage at cost-effective rates.
Global Security Product
Kerry logistics takes a careful, well thought out approach towards effectively managing the broad range of freight types, placing special emphasis on highly valuable products that pose a greater risk to the supply chain.
With a professional commitment to protecting your products from theft, loss or damage at all times throughout transit, we use only selected carriers and trusted industry partners.
With a professional commitment to protecting your products from theft, loss or damage at all times throughout transit, we use only selected carriers and trusted industry partners.
4. How does Kerry Logistics Virtual Buying Office operate and help to enhance the efficiency for inventory management?
About the Virtual Buying Office (VBO), it is an innovative solution. VBO works as a virtual web-platform and provide a comprehensive supply chain planning and executive functions. It help increase the efficiency and effectiveness in assort and merchandising in order to achieve the optimize supply chain solution.
VBO functions includes PO management, Sourcing spread control, Vender Management and Quality Control. Therefore, it gives the best solution for total inventory management.
5. What are your competitive advantages compared to other competitors such as HIT or DHL?
According to the speaker, HIT is a container port operator instead of a competitor. For DHL, it is a one of the biggest competitors. However, Kerry is an asset-based supply chain company and providing more flexible location under high land cost in Hong Kong and therefore, give warehouse utilization for their clients.
Compare to DHL, Kerry has better opearation system even they share similar technology and operation model of control.
To summarize, Kerry gain its competitive advantages in giving supply chain solutions with flexibility for their clients with their rich asset.
