“In the Philippines, we now serve over 30 brands, assisting everyone from tiny enterprises to some of the country's top merchants in delivering tens of thousands of items each month. In an industry where reliability and speed can make or break an eCommerce brand, our ability to provide a one-stop platform, from fulfillment capability to distributed warehousing, allows brands to meet the evolving needs of their customers with flexible, nimble, and pain-free logistics solutions. Our ability to provide a one-stop platform, from fulfillment capability to distributed warehousing, allows brands to meet the evolving needs of their customers with flexible, nimble, and pain-free logistics solutions. The essence of Locad's purpose is to level the playing field in direct-to-consumer commerce by providing brands of all sizes access to a simple yet scalable integrated, distributed, and flexible supply chain network. They also lack the infrastructure, resources, and experience needed to manage both online and in-house supply chains.” Locad is supporting eCommerce firms that will play a critical part in driving the Philippines' tremendous post-pandemic economic opportunity, thanks to the exponential expansion of eCommerce in Southeast Asia. Many vendors, producers, and sellers are moving to digital channels, but the logistics of getting products to customers remain a challenge. “ECommerce and on-demand delivery services are accelerating in the Philippines,” said CEO and co-Founder Constantin Robertz. With the ability to fulfill orders faster and provide more affordable shipping rates to their customers, the Davao-based Filipino cosmetics brand reported that their conversion rate nearly doubled for both their Shopee and Lazada stores after partnering with Locad to provide localized fulfillment in Metro Manila, reducing delivery time and shipping fees for customers. "Since collaborating with Locad, our company has been able to focus on other parts of the business, such as product and marketing, rather than the fulfillment process." As a result, our sales and conversion rate have increased immediately.” KJM Cosmetics' Director of IT Operations, Janine Munez, stated. As a result, brands can manage all of their orders and inventory across different sales channels from a single virtual pool, with real-time insight into sales, orders, inventory, and service levels.īrands can focus on building their business while Locad irons out the back-end operations of running a direct-to-consumer business. Shopify, WooCommerce, Lazada, Shopee, and Zalora are just a few of the eCommerce platforms that Locad's business customers can link with. While many companies handle delivery difficulties at the first and last mile, only a handful offer the fully integrated solution that Locad is pioneering. Locad, which opened operations in Australia, Hong Kong, India, the Philippines, and Singapore in October 2020, quickly created a reputation for itself in the logistics business. However, rather than helping companies with the appetite and ambition to expand outside borders, such gaps create hurdles.ĭefining a better and more robust eCommerce fulfillment model Locad fills a critical gap in the present eCommerce state-of-play - Southeast Asia's fragmented, complex, and slow supply chain ecosystem - with a fully digital and integrated platform that provides real-time visibility over order and inventory movements. With US$4.9 million venture capital lead by Sequoia Surge, logistics integrator Locad supports eCommerce fulfillment in the Philippines.
Locad provides eCommerce brands and merchants with easy yet scalable end-to-end solutions, ranging from plug-and-play eCommerce fulfillment to a distributed warehousing network in APAC for businesses wishing to expand globally.
Antler, Febe Ventures, Foxmont, Global Founders Capital, Gokongwei Family, and Hustle Fund joined Sequoia Capital India's Surge in a seed round headed by Surge, with participation from Antler, Febe Ventures, Foxmont, Global Founders Capital, Gokongwei Family, and Hustle Fund.
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