COVID-19: Why Logistics Business Will Remain Profitable Amidst Pandemic – Ajiboyede
Managing Director of Zido Logistics, Samuel Ajiboyede, has said that with the right operational model, logistics business will remain profitable despite the global lockdown occasioned by the Coronavirus pandemic.
Ajiboyede, while speaking on the prospects and challenges for the logistics sector during the pandemic, said that logistic companies must understand new realities and adapt to changes to remain profitable.
He further stated that his company had continued to record great milestones and patronage during the over four month’s global lockdown from transporters and customers because of its unique business model.
According to him, Zido Logistics key advantage lies in the fact that it has been operating a joint partnership which allowes it to take certain critical burden off the transporters so that they could focus on their key areas of moving goods.
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He said: “Since the Coronavirus pandemic started, we have been able to scale up despite the challenges in the sector. We have recorded some remarkable feats and this is solely because of our operational model.
“As brokers, we connect the transporters with customers. It is an open platform where the customers know who is moving their goods and the transporters also know the charge for the service. It is a transparent process where we partner with transporters to efficiently and effectively serve customers, but not posing any threat of competition to them.
“By signing up on our platform, transporters bring volume while we handle the key areas of the business such as documentation, operational fund, insurance, invoicing, access to technology, etc.”