FM Logistic presents new strategy “Powering 2030”

French 3PL company, FM Logistic, aims to double its revenue to €3 billion in 2030 with a strategy cantered on omnichannel supply chain services, urban logistics, sustainability, distribution and customer experience. The company today outlined its strategy, “Powering 2030”, at a press conference in Pune. FM Logistic aims to become a reference partner in the field of sustainable, omnichannel supply chains. Earlier this year, the company introduced its new tagline, “Supply Change”. The new tagline acknowledges that supply chains must transform to foster a more responsible consumption and sustainable economy.

To achieve these objectives, FM Logistic is ready to cater to the rising demand for omnichannel commerce, especially in urban centres, which is driving demand for outsourced logistics services. “FM Logistic has a comprehensive strategy to drive profitable growth. In a time of rapid change, our priority is to help our customers build sustainable omnichannel supply chains. Therefore, our 9-year plan puts customer experience and sustainability at the core of everything we do” said FM Logistic CEO Jean-Christophe Machet.

In India, FM Logistic is one of the top 3 contract logistics service providers. Last year, despite the pandemic FM Logistic India added 10 lakh sq. ft. of warehousing space under its operations. This amounts to a 20% growth in its footprint.

Alexandre Amine SOUFIANI, MD, FM Logistic India, asserts, “Despite the economic turmoil caused by the COVID-19 pandemic, FM Logistic in India has proved its resilience. We recorded a growth of 58% in turnover during the first half of this financial year and we aim to finish the year at 35-40% growth. In our endeavour to become the reference partner in the field of sustainable omnichannel supply chains in India, we continue to carry out our expansion plans and reinforcing our offer of end-to-end supply chain services. We are focussed on developing Grade A Multi-client Facilities (MCFs), dedicated warehouses near our customers’ manufacturing centres, and modern urban logistic hubs – all interconnected with an agile and dense transportation and last mile delivery network. We continue strengthening our value-added services like copacking, automated labelling and last stage customisation for digital marketplace readiness.”

FM Logistic India is already making significant progress in executing Powering 2030. This year, they have been awarded new contracts in the FMCG, retail, omni-channel, e-commerce and engineering sectors.