With its red-colored lion logo, it’s not hard to recognize PT Lion Express, or Lion Parcel, as a part of the Lion Air Group, the country’s largest low-cost airline company. Although many believe that the company only delivers cargo for Lion Air, in reality it has developed into a full-fledged logistic company providing end-to-end services to retail consumers for bulk and international deliveries.
As an up and coming logistics company, business is developing strongly for Lion Parcel. Revenue almost reached Rp 1 trillion last year and it aims to grow 40% in 2021, in part boosted by the ecommerce boom due to the pandemic. During the first quarter this year, the company increased its deliveries by 30% to 1.5 million packages.
Being a part of the Lion Group gives the company a significant advantage as it has more flexibility through using the group’s fleet of aircraft and scheduled service, enabling it to deliver packages faster nationwide. About 90% of its deliveries can be done in one day; only districts that have to be reached by land require two days.
“What makes us different is we have our planes; when you have the planes, then the flexibility comes,” shares Farian Kirana, CEO of Lion Parcel.
The company has several strategies that underpin its success aside from using the Lion Group’s fleet of aircraft. Unlike a typical logistic company, Lion Parcel has a lean business model that helped it navigate the challenging times amidst the pandemic. It uses a similar business model to ridehailing apps such as Gojek and Grab, in that all of its couriers are outsourced and commissionbased; the company only has around 1,000 employees and who primarily work in Jakarta, where the company is headquartered.
Denne historien er fra July 2021-utgaven av Forbes Indonesia.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra July 2021-utgaven av Forbes Indonesia.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
BACK ON TRACK
Collective wealth gets a 21% boost to a record $162 billion amid an economic uptick.
Championing Locals
The wave of social commerce is enabling inclusive digital economies beyond urban areas.
Boys in the Bubble
Startups are supposed to specialize, but OPENSEA’s founders thrived by building a wide-open market for creating and trading all manner of NFTs, whether art, music or gaming. Now that they’re centimillionaires and poised to become billionaires, they have other worries: competitors, fraudsters and the next crypto crash.
Enduring Relations
The implementation of IA-CEPA amid the pandemic signifies the Indonesia-Australia’s commitment to recover and counter future challenges together.
Sweet Success
Steven Erwin envisions Unifam to become a major global player in the confectionery and F&B industry.
Marathon Man
Across America, scores of municipal pension funds remain scandalously underfunded. But not the pension fund of Tampa’s police and firemen, thanks in large part to JAY BOWEN, whose no-frills approach to stock picking has protected and served them for more than 45 years.
Gold Rallies on Inflation Fears
During September the price of gold rallied to $1,868 per ounce following the release of figures on US inflation by the Bureau of Labor Statistics which indicated that, as of September, CPI inflation had rocketed to 6.2%, above the 5.8% which economists had been predicting.
Set Off to A New Start
Bank Aladin has two main ingredients for success: establish trust and offer better customer experiences.
The Daily Intake
YOUVIT plans to invest further into marketing and grow into one of the leading vitamin brands in Indonesia.
THE CROESUS OF CRYPTO
FTX COFOUNDER SAM BANKMAN-FRIED BUILT A $22.5 BILLION FORTUNE BEFORE HIS 30TH BIRTHDAY BY PROFITING OFF THE CRYPTOCURRENCY FRENZY—BUT HE’S NOT A TRUE BELIEVER. HE JUST WANTS HIS WEALTH TO SURVIVE LONG ENOUGH TO GIVE IT ALL AWAY.