“Property + Logistics Technology” PLT Platform – (2) Closed-loop Ecosystem
- January 18, 2024
The PLT platform is an innovative and efficient solution that builds an innovative Closed-loop ecosystem model. It takes assets as the starting point, uses technology empowerment, combines operational needs, and aims to maximize industry ecosystem value.
The Closed-loop ecosystem can provide an integrated solution integrating real estate, logistics technology, logistics operations, and other multi-party resources. It helps investors design and upgrade logistics property facilities and equipment according to logistics operator needs when acquiring assets. Costs are converted to operating expenses through rent or profit-sharing arrangements.
The PLT platform also helps logistics operators enjoy efficiency improvements and cost savings from advanced logistics technology when leasing or using logistics properties. It evaluates and incentivizes through service level or performance indicators.
In this way, the platform bridges information and funds flow between the logistics industry and investors, realizing the co-creation of assets and operations and creating a new Closed-loop operating model.
The ecosystem comprises different stakeholders playing distinct roles in achieving smart logistics goals.
Key stakeholders introduced and analyzed include:
Operational stakeholders like third-party logistics companies or platforms (e.g., e-commerce supply chain operator – FKMALLS Cross Border Supply Chain Ltd) oversee transportation, warehousing, sorting, and distribution.
Technology partners, such as logistics equipment providers like Lonlink Smart Storage Solution. They supply physical technologies like automated equipment.
Data partners include large-scale logistics networks using innovative technologies, one being SmartMore Logtech Group. These have extensive logistics databases and analytics capabilities, such as “LogiBrains,” which can monitor and analyze logistics operation data in real-time.
Asset partners, including logistics asset funds, provide capital and resources to support development goals.
Integrating the above elements establishes an ecosystem through joint stakeholder cooperation, promoting smart logistics progress and innovation to benefit customers. Reitar facilitates industry advancement through such collaboration.
- All Post
- Greater Bay Alliance
Asset partners comprise capital investors and real estate providers with financial resources and physical logistics properties such as warehouses, logistics centers, and distribution centers. Both parties are driven by achieving long-term stable returns and asset appreciation, but they may need more experience in operating logistics assets.
With the increasing demand for online shopping, the logistics industry faces significant challenges and opportunities. To meet the growing needs, logistics operators must invest substantial funds in acquiring new logistics equipment, such as automation, intelligence, and digitization, to enhance operational efficiency and service levels. However, such investments can be a significant burden for many logistics operators.
Logistics technology solution providers such as Lonlink Smart Storage Solution, CoEvolution Technology and logistics facilities partners contribute significantly to the smart logistics ecosystem.
The PLT platform brings together assets and logistics technology (PLT), using assets as the core facilitated by technology. Reitar partners with SmartMore Logtech to utilize innovative logistics technology, "LogiBrains" operating an extensive logistics network.