Separator

Nippon Express Announces Strategic Partnership with Future Supply Chain

Separator
Nippon Express Announces Strategic Partnership with Future Supply Chain

CEO Insights team , Press Release

Nippon Express signs a business collaboration agreement with Future Supply Chain (FSC) to jointly explore growth opportunities for new & existing customers based on their strategic partnership, and expand revenues for both the companies.

The two companies will jointly start the business collaboration in January 2020 which is a sure bet to leverage Nippon’s competency in diverse sectors of Indian market, aspiring to become the nation’s leading logistics player, while FSC will demonstrate its 3PL and express logistics operations, attracting potential new business opportunities from Nippon Express' existing Japanese and MNC clients. Both the companies have agreed to formalize a steering committee and Nippon Express will depute its representatives to operate alongside FSC's management.

Both the companies aim to pursue the following three business strategies through their collaboration:
• Delivering FSC’s integrated & high quality services to the foreign clients of Nippon currently doing business in India & planning to further penetrate into the market in near future.
• Furnishing Nippons’ global logistics services to Indian customers of FSC.

This partnership will form an important part of our long-term vision of becoming a logistics company with a strong presence in the global market through dynamic growth



• Enhance the operational efficiency of FSC through introduction of latest technologies & process improvement activities.

Commenting on the strategic partnership, Satoshi Horikiri, Senior MEO & CMO, International Business Headquarters, Nippon Express, says, “I am very happy to announce that Future Supply Chain Solutions and Nippon Express have both signed a business collaboration agreement. This partnership will form an important part of our long-term vision of becoming a logistics company with a strong presence in the global market through dynamic growth. To be specific, we hope to increase our sales outside Japan from our current sales of US$ 4 billion to US$ 12 billion by 2028 and become a proud world-class logistics company.”

“I am pleased to share that Nippon Express has joined the FSC family as a strategic partner. Together we will provide a best-in-class supply chain service offering to our customers in India, given our complementary skill sets and domain expertise. We are excited about the business expansion potential and revenue synergies from this partnership and remain committed to deliver significant value to our stakeholders in the long term,” concludes Mayur Toshniwal, MD, FSC.
Source : Press Release

Current Magazine

Latest News