Company Background
Company Background
Company Background
Company Background:
1. Name: Aramex
Main goals :
Aramex is a worldwide logistics and transportation provider with the goal of offering all-
inclusive solutions for the transfer of commodities, data, and money. Among the
company's primary objectives are:
Innovation: In the logistics sector, Aramex is renowned for its dedication to innovation.
The organization wants to use technology to improve services, optimize processes, and
provide clients greater options.
Customer satisfaction is a top priority for Aramex, as it is for many other prosperous
logistics firms. This entails efficient communication, safe and prompt delivery services,
and ongoing development based on client feedback.
Locations:
Aramex operates globally, providing its services in various countries. To support both domestic
and international logistics, the organization has a vast network of offices, warehouses, and
distribution facilities. Though it has a global influence across several locations, its Middle
Eastern roots are reflected in the choice of Amman, Jordan, as its headquarters.
More Details:
Services: Aramex provides a number of services, such as supply chain management, freight
forwarding, e-commerce solutions, and domestic and international express delivery.
E-commerce Focus: As e-commerce has expanded, Aramex has modified its offerings to meet
the demands of internet-based companies. This covers order fulfillment, last-mile delivery, and
other e-commerce-specific services.
Corporate Social Responsibility: By participating in programs pertaining to environmental
awareness, community development, and sustainability, Aramex has shown that it is committed
to CSR.
Innovation addressed:
Innovation has been a proactive part of Aramex's business. Technological improvements have
brought about substantial changes in the logistics and transportation industry, which Aramex
has been using. Aramex has tackled several facets of innovation, including:
Technology Integration: To improve its delivery and logistics services, Aramex has
embraced technology. To increase cargo efficiency, this involves utilizing sophisticated
tracking systems, real-time monitoring, and automated procedures. Customers can
receive precise arrival estimates and follow their shipments in real-time thanks to
technological integration.
With the purchase of Australian courier business Mail Call Couriers, Aramex, a logistics
company with headquarters in the United Arab Emirates, has increased its footprint in the Asia-
Pacific area. With this calculated action, Aramex hopes to strengthen its position in the fast-
paced Australian market and improve its technology-enabled delivery capabilities. Included in
the transaction is Mail Call Couriers' "WantItNow" service, which is well-known for providing
evening and three-hour e-commerce delivery options throughout metropolitan Australia.
Aramex CEO Hussein Hachem emphasized the strategic alignment between the two businesses,
highlighting scalable synergies with Aramex's extensive worldwide infrastructure. Innovative
delivery options are expected to be made available by Aramex's operations in Australia as well
as across its worldwide e-commerce markets through the integration of Mail Call Courier's
specialist technology. Through the agreement, Aramex will have the chance to expand and
enhance its worldwide e-commerce offering throughout the Asia-Pacific area. The launch of the
"Shop and Ship" service for Australian consumers is one noteworthy innovation. Customers can
shop from the US, Europe, and Asia-Pacific areas with this service, taking advantage of
Australia's growing e-commerce sector.
Australia is home to the fourth-largest e-commerce market in the Asia-Pacific region, with sales
rising from $30 billion in 2011 to over $37 billion in 2013. With only 53% of Australian
consumers choosing to purchase domestically from Australian shops, the acquisition is in line
with the growing trend of Australian consumers obtaining items elsewhere. Because of its
strategic acquisition of Aramex, the business is well-positioned to meet the changing needs of
the Australian e-commerce landscape while leveraging the innovative solutions brought in by
Mail Call Couriers.
The upcoming live tracking feature will enable customers to track the real-time location of Aramex's
"Delivery Champions" during the final five stops until the shipment reaches its destination. The feature is
built upon Aramex's proprietary Geocoder, which uses machine learning and predictive AI for precise
delivery coordinates. This program is in line with Aramex's mission to use cutting edge technologies to
improve customer happiness and operational effectiveness. All last-mile deliveries are expected to
expand throughout the GCC during the forthcoming beta testing phase, which is scheduled to begin in
the United Arab Emirates. The first quarter of 2024 is when the full-scale launch is expected to occur.
Customers will have total service transparency thanks to the live tracking tool, which will improve the
end-user experience and help them organize their days more effectively. With regard to digital
transformation, customer engagement, and operational excellence in the logistics sector, Aramex is
well-positioned to showcase this technological innovation.
Managing the supply chain
ARAMEX supply chain management involves a number of strategies that work together to provide
optimal resource mobilization and effective services in support of the business's goals. The specifics of
the various strategies differ based on the area in which services are provided, but they all essentially aim
to improve the organization's services as a whole. Because the push model is effective at producing
high-quality goods and services, Aramex's management uses it as part of their management portfolio
(Larson and Halldorsson).
The supply chain's clear goals and vision align with the company's overarching business plan. The
primary goal of Aramex is to facilitate trade on a regional and international scale through network
logistics and transportation. The goal of Aramax's supply chain participants is to provide the best
possible service when it comes to logistics and intricate delivery networks.
Aramex's supply chain's efficiency is dependent on how customers react to new technologies. Their goal
with regard to the demand chain necessitates a creative strategy because clients are always perceptive
about the extent to which particular services may meet their wants.
This approach makes it easier to explore market opportunities by ensuring that customers, employees,
and the company's strategic beliefs are all actively connected. Nonetheless, the services come at
reasonable prices in addition to the convenience that clients demand.
Organizational innovation:
Here are some general examples and steps that companies often take to stay at the forefront of
organizational innovation:
Investment in Research and Development (R&D): To keep up with emerging technologies and
market trends, Aramex may fund research and development projects. To improve operational
efficiency, this could entail investigating developments in automation, artificial intelligence,
logistics technology, and data analytics.
Collaborations & Partnerships: Aramex may obtain cutting-edge solutions and external
knowledge by working with startups, technology businesses, and other industry leaders. New
services, enhanced procedures, or the incorporation of cutting-edge technologies can all result
from partnerships.
Continuous Employee Training and Development: Employees that receive continual training are
better equipped to maintain their skills and be flexible enough to adopt new technology.
Aramex might spend money on initiatives that promote an innovative work environment and
keep staff members informed about recent advancements in the field.
Customer-Centric Approach: Aramex could proactively look for input and insights from its
customers to pinpoint areas in need of innovation and development. A greater level of customer
satisfaction might result from developing new services or improving current ones based on an
understanding of the needs and preferences of the target market.
Agile and Iterative Development: Using agile approaches in the development process enables
rapid iterations and modifications in response to user feedback. It is possible that Aramex will
apply agile concepts in order to adapt quickly to changes in the market and incrementally
integrate innovations.
Reflection:
Technological Integration:
Learn: Understand how Aramex is leveraging technology in its operations. Examine how
automation, artificial intelligence, and data analytics are used in logistics.
Sustainability Initiatives:
Make recommendations: Provide tactics for creating a more robust supply chain, such as using
technologies for real-time monitoring, deploying backup plans, and diversifying suppliers.
Suggestion: Provide insights into emerging trends and recommend strategies to stay
competitive, including benchmarking against industry leaders and staying abreast of
technological advancements.