A cloud based software as a service (SaaS) logistics platform has announced that its subsidiary, Yojee Solutions, has signed a 3-year services agreement with Kuehne + Nagel.
Yojee Solutions, a company registered in Singapore, will roll out its SaaS logistics platform with Kuehne + Nagel in the Philippines.
An enterprise-level Project with Kuehne + Nagel Philippines to access Yojee’s subscription-based SaaS Platform commenced last month and is expected to go live (track parcel movements on an ongoing basis) by the end of July of this year.
The services agreement entered into is an agreement for a Project in the Philippines which gives Kuehne + Nagel Philippines access to Yojee’s subscription-based SaaS Platform.
The Project scope will see Yojee’s SaaS Platform integrated into Kuehne + Nagel Philippines and an eCommerce fulfillment customer, providing technology, logistics and payments capabilities across delivery, order management, planning and execution.
Ed Clarke, Yojee Managing Director, said the company is excited to be working with Kuehne + Nagel, due to a strong customer centric approach and digital future focus.
“The team have a clear focus on IT-based integrated logistics solutions and growth in Asia in 2020,” he said.
“We are confident that the SaaS Platform will deliver huge value for Kuehne + Nagel across their business over time in terms of further digitising and bringing ‘visibility’, ‘accountability’ and ‘control’ to their business and ultimately benefit customers. We look forward to building a long-term relationship.”
Kuehne + Nagel Regional Distribution Director for Asia Pacific, said supply chains continue to digitise to drive efficiency and meet the increasing demands of customers.
“We aim to create a seamless digital experience and enable our customers to realise market opportunities, converting them into fruitful businesses. We look forward to working with Yojee to achieve this purpose,” the APAC director said.
Under the 3-year services agreement, access to the subscription-based SaaS logistics platform is subject to standard enterprise termination clauses including termination by Kuehne + Nagel on 90 days’ notice, following an initial term of 9 months and only in the event of a discontinuation of its eCommerce fulfilment customer.
In Yojee’s view, the services agreement and fees are not financially material at this stage and due to the variability and difficulty in estimating country and transaction volumes.
Yojee will provide progress updates in its quarterly reporting and as otherwise required.