EFL 3PL extends support through a flexible logistics model to manage cash flows

29 July 2020 11:38 am - 0     - {{hitsCtrl.values.hits}}

A A A

The outbreak of COVID -19 disrupted local and global supply chains as companies raced against time to manage their working capital, resources, balance inventory and storage, and monitor other functions to ensure business continuity amidst a pandemic. Reduced consumption and import restrictions have resulted in a buildup of inventory levels of finished goods and raw materials, causing a huge strain on logistics, warehousing and the overall supply chain. The pandemic disrupted supply chains and made forecasting truly unpredictable, posing a huge challenge for companies seeking a measure of stability amidst such volatile conditions.
 
EFL 3PL, the 3PL arm of the logistics conglomerate Expolanka Holdings understands the pain companies are going through. Some of the common challenges being faced are more/less stock, varied utilization of warehousing space and increased costs of managing the supply chain. In this context, EFL 3PL has taken the initiative to support businesses to move away from fixed costs to variable costs. Manufacturers and traders can now patronize EFL 3PL’s warehousing, value added services (VAS) and fulfillment services with little or no minimum commitment with a pay as you go billing model for general logistics requirements.

Sammy Akbar - Director – EFL 3PL & Freeport elaborates: “One of the biggest challenges faced by manufacturers, retailers and traders is the ability to bring their supply chains under control due to unpredictable business peaks and valleys. This is where EFL 3PL can help, by matching logistics demand with supply supported by a flexible billing model. We feel that this type of model will be here to stay, due to the nature of VUCA (volatility, uncertainty, complexity and ambiguity) events we have been facing and will continue to face, as such EFL 3PL will continue to leave a provision of its infrastructure and handling capacity to provide a flexible model to businesses”.

EFL 3PL is heavily compliant in many verticals such as FMCG, pharma, apparel, tech etc. as it adheres to different compliance requirements, such as food grade standards, humidity and temperature controls, etc. The company also maintains the highest warehousing standards in the country with a focus on using technology to deliver agility, scalability and accuracy. 

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

  Comments - 0

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




“I don’t think Sri Lankans can be realistically ruled by force” -Ahimsa Wickrematunge

Twelve years after the assassination of Lasantha Wickrematunge, the founding

Decisions to be made in Sri Lanka’s hunt for the COVID-19 Vaccine

Around the world, governments are gearing up to roll out nationwide immunizat

“I am the Godfather of Russian tourists” - Udayanga Weeratunga

Former Sri Lankan Ambassador to Russia Udayanga Weeratunga is back in the sce

Sri Lankan migrant workers still in limbo

Sri Lanka’s migrant workers are a significant part of our economy, with the

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.