EFL 3PL shaping future of third-party logistics in Sri Lanka

Wednesday, 16 August 2023 00:00 -     - {{hitsCtrl.values.hits}}

EFL 3PL, a leading 3PL service provider in Sri Lanka

 

100% solar-powered roof at EFL 3PL’s Orugodawatta Fulfillment Center

 

EFL 3PL’s recent addition to its service portfolio, cold storage solution


Sri Lanka, strategically located at the intersection of major shipping routes to South Asia, Europe, the Far East, and America holds a unique position as a gateway to various regions worldwide. By capitalising on its strategic positioning, the country is establishing itself as a transhipment hub port for South Asia, promoting greater trade and investment linkages within the region. Further, the country’s location, proximity to emerging markets and developed seaports in Colombo and Hambantota extend the possibilities of countless opportunities. The Sri Lankan Government and the Board of Investment are keen to further expand the 3PL sector in Sri Lanka, promoting the country as a multimodal logistics hub that provides integrated logistics services to local and international clients. Experts predict that the logistics sector in Sri Lanka has the potential to contribute between 8% to 10% of the nation’s GDP. As Sri Lanka celebrates National Logistics Day, EFL 3PL, a leading player in the country's third-party logistics sector, reflects on its journey and accomplishments throughout the years.

Originating in Sri Lanka, EFL 3PL has encountered its fair share of challenges brought about by supply chain disruptions in recent years. Amidst these challenging times, EFL 3PL wholeheartedly adopted the realm of third-party logistics (3PL), firmly believing that the present juncture demands an efficient and resilient logistics system for the nation more than ever before, as this sector constitutes the very backbone of a well-functioning economy. This realisation has proven transformative, reshaping our perspective and approach. Confronting each challenge head-on, EFL 3PL embarked on a journey of innovation and adaptation, reimagining solutions that offered its customers the agility needed to swiftly respond to market demands while navigating their supply chains.

Given the increasing significance of technology in today's dynamic business landscape, the company recognised the necessity of establishing a technologically advanced logistics system. This realisation has led them to empower the workforce with essential technological knowledge, ensuring that every employee not only excels in their designated roles but also possesses a comprehensive understanding of the technological tools and processes that underpin the company’s operations. Aligned with our nation’s commitment to building a digitised modern nation, EFL 3PL presents a holistic logistics solution, catering to businesses in need of seamless end-to-end support. The company’s adoption of cutting-edge technologies, demonstrated by its internally crafted dashboards and mobile applications, has transformed the landscape of supply chain efficiency, raising the standards for accuracy and real-time monitoring. This strategic integration of advanced technologies has empowered them to overcome obstacles and continuously evolve to meet their unique and time-sensitive needs.

As the world progresses towards eco-friendly logistics, EFL 3PL acknowledges that embracing this approach is the key to shaping a sustainable future. Their proactive commitment is evident in diverse measures aimed at minimising our ecological footprint. A notable step includes establishing solar power plants, a clear testament to our dedication to advancing renewable energy and making substantial progress towards our nation's goal of achieving carbon neutrality. Their recent conversion of the Katunayake Freeport facility into a robust 1.1 MWp solar power generator has increased their collective solar capacity has now reached nearly 2 MWp, making it one of the largest solar-powered distribution centres. Furthermore, by incorporating food composting practices, embracing eco-friendly processes, ushering in a digitalised operational framework, and growing trees across our facilities, EFL 3PL manifests a comprehensive approach that resonates throughout its ethos. By embracing eco-conscious logistics, EFL 3PL contributes to the nation's global standing as an environmentally responsible player.

Overall, it’s noteworthy to mention that the third-party logistics sector in Sri Lanka has undergone significant expansion in recent years. The brand’s proactive approach and commitment to delivering efficient and reliable logistics solutions have played a pivotal role in reshaping the industry landscape. Despite the challenges posed by the COVID-19 pandemic and subsequent economic turmoil, EFL 3PL demonstrated remarkable resilience by upholding an uninterrupted supply chain. The company’s contributions have garnered substantial recognition, including being honoured as the B2B Brand of the Year by SLIM for two consecutive years, ranking among the Top 10 Best Workplaces in the Logistics and Transportation Industry, securing a spot in the Top 15 Best Workplaces for Millennials, and being among the Top 50 workplaces in Asia, all awarded by Great Place to Work. This consistent performance amid uncertainty has cultivated a profound sense of assurance within the company. They are now even more determined in their pledge to provide exceptional services, regardless of any external influences that may arise in the future.

COMMENTS