Kuala Lumpur, Malaysia – To facilitate the global manufacturer to consumer (M2C) commerce in Southeast Asia, Malaysia-based omnichannel e-commerce solution provider Everpeaks® has launched its new integrated logistics platform called Fulfilment by Everpeaks (FBE).
The solution, generally characterized as a duty-free, e-commerce integrated warehousing and fulfilment solution allows global brands to tap into new markets, specifically in Southeast Asia. Furthermore, FBE integrates marketplaces and websites into the FBE System, connecting brand owners and manufacturers directly to consumers, eliminating layers of traditional retail operations and market barriers.
The new FBE solution’s launch comes in perfect timing as the Southeast Asia e-commerce sector rapidly grows, where from 2015 to 2019, its value in the region increased nearly 600% from US$5.5B in 2015 to US$38B in 2019, research from Google, Temasek Holdings and Bain & Co. The same study also showed that the region’s internet economy is valued at US$100B in 2019, with a forecast of it rising to US$300B by 2025.
FBE operates under a technology platform that provides brand owners and manufacturers with an omnichannel inventory management feature, capable of integration with most e-commerce platforms such as Shopify, Lazada, Shopee, and eBay, among others. It optimizes a total system solution that centralizes orders, tracks inventory, and automates order fulfilment, enabling sellers to create shipping plans, send shipments to the FBE Warehouse, and track shipments.
“The COVID-19 pandemic overhauled consumer purchasing behaviour across the globe, causing e-commerce to rise and drive a permanent shift in fulfilment and warehouse management technology. FBE simplifies end-to-end fulfilment operations, helping businesses grow without logistical restraints as they expand into new markets,” said Joachim Sebastian, founder and CEO of Everpeaks®.