SINGAPORE, Oct. 4, 2017 /PRNewswire/ -- LF Logistics has been named by Frost & Sullivan as the 2017 Asia-Pacific Regional Warehouse Service Provider of the Year. The award was presented to LF Logistics at the annual Frost & Sullivan Asia-Pacific Best Practices Awards banquet, held at the Shangri-La Singapore on 4 October.
With its continuous efforts on digital innovation and solution efficiency, LF Logistics continues to be a market leader in providing extensive warehousing solutions. The company understands the importance of meeting customer needs and its warehouse service portfolio is designed to provide efficient, eco-friendly, and cost-effective solutions. These business elements have enabled the company to establish successful partnerships with major international brands and retailers in the region.
"LF Logistics has been spearheading cutting edge warehouse development and innovation initiatives to improve the efficiency and cost-effectiveness of the solutions offered. These initiatives enable its customers to have reliable and scalable supply chain solutions to meet the ever-changing demands," noted Mr. Jeff Tan, Principal Consultant, Transportation & Logistics, Frost & Sullivan.
"We are proud to receive the award for 2017 Asia-Pacific Regional Warehouse Service Provider of the Year. This award recognizes our efforts on digital innovation and the role we play to help our customers succeed. LF Logistics will continue to deliver robust, customized solutions to support the business needs of our customers," said Mr. John Parkes, Executive Director, Head of Hong Kong and Global Business Development of LF Logistics.
With 235 distribution centers in 14 countries across Asia-Pacific, LF Logistics' vast network enables it to offer complete, flexible, tailor-made warehouse solutions across numerous sectors including Footwear & Apparel, Fast-moving consumer goods (FMCG), Food and Beverage (F&B), Healthcare, and Electronics. LF Logistics' expertise also extends across the supply chain which includes advanced data analytics systems, online platform integration, transport, freight forwarding, and value-added solutions.
The recipients of the annual Frost & Sullivan Asia-Pacific Best Practices Awards were identified based on an in-depth research conducted by Frost & Sullivan's analysts. The award categories offered each year are carefully reviewed and evaluated to reflect the current market landscape and include new emerging trends. The short-listed companies were evaluated on a variety of actual market performance indicators which include revenue growth; market share and growth in market share; leadership in product innovation; marketing strategy and business development strategy.
About LF Logistics
LF Logistics, a wholly-owned subsidiary of Li & Fung, is a leading logistics provider offering both in-country logistics services across Asia and freight management services globally. It has extensive experience in Footwear and Apparel, Fast-moving consumer goods, Food and Beverage, Healthcare and Electronics.
About Li & Fung Limited
Li & Fung (SEHK: 494), the Hong Kong-headquartered multinational group, is the world's leading supply chain solutions partner. It specializes in responsibly managing supply chains of high-volume, time-sensitive goods for leading brands and retailers worldwide, in around 250 offices across more than 40 economies.
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About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? Contact us: Start the discussion
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SOURCE Frost & Sullivan