Pandamart is an on-demand grocery delivery service offered by the online delivery platform, foodpanda. It has rapidly expanded across various countries in Asia, including Singapore, Malaysia, Thailand, and the Philippines, catering to the growing demand for on-demand grocery delivery services.
With increasing demand for Pandmart’s doorstep deliveries within the hour, there was an opportunity for Pandamart to achieve the cost savings and convenience with bulk purchasing.
Objective: Use a high quality single provider
Pandamart’s purchasing team faced the daunting task of sourcing numerous service providers and getting multiple estimates for each category in a timely manner. The importing of F&B items requires importer licence and relevant product compliance with Singapore Customs, SFA, HPB labelling. Such activities and resources do not align with Pandamart’s business direction.
To save time and effort, Pandamart instead sought a single provider that could get quality work done promptly and at a fair price.
Pandamart approached Enterprise Go with two goals:
- Capture the increasing demand for Korean beverages
- Engage a partner that takes care of the whole sourcing process from start to finish
Solution: Leverage on Enterprise Go’s specialization
Enterprise Go worked closely with Pandamart to understand their requirements, and then used that knowledge to help Pandamart find the right products to meet their needs.
Discussions with Foodpanda to bring in a range of Korean beverages for Pandamart commenced in mid October. A list of the most popular beverages and timeline were provided to Pandamart for shortlisting.
Enterprise Go was able to find all relevant suppliers and provided quotation, product availability and shipping schedule within 1 week.
The delivery date was finalized and all goods were consolidated and loaded in Korea, passed custom clearance in Singapore and shipped to Enterprise Go’s warehouse where all labelling and packing in accordance to SFA guideline were completed. The goods were then delivered to Foodpanda.
Results: A streamlined approach to expansion
By tapping on Enterprise Go’s existing network and contacts in Korea and leaving the sourcing and liaising to EG, Pandamart was able to focus on their core business activities and priorities.
As the project progressed, the Enterprise Go often checked in with FoodPanda to confirm and ensure that tasks were completed on schedule and with the promised quality. This gave the FoodPanda team a much-needed sense of certainty that the project was going smoothly.
Enterprise Go successfully sourced a total of 1240 cartons of products in a 20 ft container. These high-in-demand products were sold on the pandamart app and were sold out in weeks.
Why Enterprise Go
Our clients include companies that sell on ecommerce marketplaces, chain retailer /restaurants, and F&B Distributors. The top questions asked by our clients are:
Do you import a certain item?
Can you get this item from Korea?
Wide range of services
With more than 10 years in the industry, the team at Enterprise Go is well known for its specialised knowledge and expertise in procurement practices. This means that for whichever product you are interested to import, we have the network to support your needs.
Besides providing our customers a range of sourcing services such as market research, price negotiation, and logistics management, we also place emphasis on building and maintaining relationships – working closely with customers to find the right products to meet their needs and developing stronger relationships with vendors.
Single point of contact
Having a single point of content in Enterprise Go means our customers reap the benefits of simplified communication – eliminating multiple contacts and minimising risk of errors.
Experience improved efficiency and reduced costs as we provide you timely updates and consolidated data so that you can make more informed decisions.
Reduced risks
With our regular shipments from Korea, we have information on the most updated importing regulations and shipping conditions. We take care of all relevant licences and compliance required from the relevant authorities for you.
Whether it be testing new products or reordering, working with us allows you to ship just the right quantities of goods, thereby minimising overstocking and reducing risk.
By leveraging Enterprise Go’s expertise and resources, you can focus on your core competencies and business operations and leave everything else to us.