XAct Solutions and VinCommerce have announced a partnership which will see six new warehouses built and the Vietnamese retailer’s supply chain transformed.
Sydney-based XAct Solutions has signed a strategic cooperation contract to build a state-of-the-art international supply chain for VinCommerce.
The project will accelerate VinCommerce’s goal of becoming one of the leading retailers in the Asia Pacific region by evolving the company’s supply network, building on its current footprint of more than 2,200 stores and 56 supermarkets in more than 40 provinces and cities.
The new network will deliver a fully integrated and standardised system for mass-scale retailing, including everything from warehousing, goods management, asset management and transport optimisation to sophisticated IT control.
The first stage of the project will involve the construction of six warehouses throughout Vietnam, which will be the central points of storage and distribution for all products sold through VinCommerce.
Each warehouse will have dry storage, cool storage, cold storage and freezer storage, with temperature frames complying with global standards of goods preservation.
A just-in-time delivery model will monitor inventory levels at each warehouse, allowing VinCommerce to provide products effectively, economically, on time and at competitive prices for customers in nearly 2,500 points of sale nationwide.
“The VinCommerce retail system is developing very fast,” said Byron Patching, co-founder of XAct Solutions.
“This is a breakthrough supply network, and we are delighted that the Vin group has chosen us as their partner in development. Managing inventory and ensuring cargo flow is the key to the success of a modern retailer.”
Le Thi Kim Thuy, deputy general director of VinCommerce, said both the company and its customers will benefit from this upgrade.
“The co-operation with XAct Solutions will bring our supply chain to international standards as we continue our relentless efforts to bring more benefits to Vietnamese consumers,” she said.