Wednesday, April 30, 2025

PASIA, FarEye team up to reduce PH logistics cost by 15%

Procurement and Supply Institute of Asia (PASIA) and FarEye, a transport management systems provider, have forged a partnership to help Philippine companies reduce logistics costs by as much as 15 percent.

The partnership was formalized by PASIA President Charlie Villasenor and Ritesh Khera, FarEye Vice President for Southeast Asia, during the opening of the two-day Philippines Logistics Summit 2025, organized by PASIA on April 29, 2025, at Marriott Manila.

PASIA offers world-class training, certifications, conferences and events, research, membership, and corporate partnerships. Its solutions and implementation arm, PASIA Shared Services and TransProcure, an APICS Partner, specializes in consulting, services, and technology.

Villasenor said that through the partnership, PASIA will introduce FarEye’s transport management system (TMS) technology to logistics companies and enterprises across the country. They also plan to incorporate FarEye’s solutions into their certification programs in supply chain, logistics, and procurement.

“The world is moving very fast, so the right approach is to make Philippine logistics and supply chains more efficient—otherwise, we’ll continue to lag behind our neighbors,” Villasenor said.

For his part, Khera noted that while FarEye primarily serves large and medium-sized global logistics firms, they are also well-positioned to tailor their solutions to small and medium enterprises (SMEs) in the Philippines.

Khera expressed confidence that with FarEye’s solutions, companies could save between 10–15 percent on logistics costs—currently the highest in ASEAN at 27 percent.

For example, during his summit presentation, Khera explained that FarEye’s route optimization and automated planning tools can deliver savings of 7–15 percent.

Its transporter diversification and performance management tools offer potential savings of 5–12 percent.

In addition, improved delivery execution and end-to-end multimodal visibility can save companies 3–7 percent, while enhanced financial accuracy and control can contribute an additional 2–4 percent in savings.

Khera added that the Philippines is FarEye’s largest market in ASEAN and its second largest in Asia after India.

 

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