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ABOITIZ-controlled
logistics company, 2Go, is targeting small- and
medium-sized companies for its cold chain service, which
took several years to launch.
Sabin
Aboitiz, the company’s president and chief executive in
a media launch on Friday, said the company plans to help
small farmers and fisherfolk in the provinces to connect
with the market in Manila or other centers in the
country.
2Go
expects turnover to reach between P5 billion to P6
billion for the new service.
“We will
have a better idea of the market in six-months’ time,”
Aboitiz said, although he admitted that he still does
not know how the market will accept this kind of
service.
2Go is
part of the Aboitiz Transport System Corp’s logistics
group, which contributes roughly P1.2 billion of the P11
billion in annual revenues reported by the
publicly-listed company.
With the
new cold chain service, 2Go can ship a minimum
requirement of 0.5 cubic meter of refrigerated cargo
anywhere in the country. Normally, transport firms want
this kind of cargo to fill up one container-load before
being accepted for shipment.
This
kind of supply chain service ventures into the movement
of temperature-controlled cargo. Cold chains are common
in the agricultural and pharmaceutical industries and
also some chemical shipments.
“Through
2Go Cold Chain, farmers and businessmen can now ship
smaller volumes of their products, regardless of
seasonality, as frequently as they require without
having to worry about building up inventory to fill a
truck or container,” Aboitiz said.
The
company has been planning to launch the service for
several years now, but they were worried on how will the
market accept it.
In
October last year, 2Go piloted the program with the
Department of Agriculture’s Barangay Food Terminal
project, which enabled the Aboitiz firm to tap industry
players such as meat processor Mekeni Food Corp.; ice
cream makers Creamline Dairy Corp. and Fruits In Ice
Cream; baker BreadTalk; among others.
Earlier
this year, 2Go announced they will be increasing the
capacity of its supply chain hub in Pasig to 30,000
pallets by the end of the 2008, or more than four times
its current capacity of 6,500 pallet positions.
“We will
continue to expand our supply chain facilities as we
believe that there is so much growth opportunities in
the supply chain industry, particularly here in the
Philippines,” Aboitiz said.
“Our
main focus now is to further develop our supply chain
management nationwide as it already made 2Go a complete
logistics solutions provider.”. |