An insight into eCargo’s (ASX:ECG) proprietary technology platforms

Highlights

• eCargo is forging ahead to achieve its mission of helping brands sell more across Asia, with prime focus on China.
• The company has been able to help international brands and retailers with holistic solutions through its own proprietary technology platforms.
• eCoreOS® is a supply chain management platform that has been developed with the purpose of simplifying operations for brands.
• Flow is a B2B distribution platform that facilitates cross-border trades between international suppliers and Chinese retailers.

One of the trusted eCommerce and distribution partners, eCargo Holdings Limited (ASX:ECG) has been carving out success in its mission of helping brands sell more across Asia, thanks to its own proprietary technology platforms. The company, founded in 2014, has been developing and operating innovative tech features that empower brands from diverse sectors to connect with distributors and customers directly and help them tick off omnichannel growth. The proprietary platform eCoreOS® is one of the biggest driving forces behind eCargo’s growing role in supply chain and integrated market expansion services.

With its technology platform capability, eCargo helps international brands as well as retailers with holistic solutions. Its wide spectrum of services includes shipping, taking care of customs, trademarking and storage, distribution, and marketing across regions to amplify sales and pull off impressive brand growth within the target markets.

 Image source: Company website
Extensive client network

eCargo’s suite of proprietary technologies  

• eCoreOS®

ECG delivers its mission of “helping brands sell more in Asia” through its integrated market expansion services and supply chain management technology eCoreOS®.

eCoreOS® is an end-to-end supply chain management platform that effectively manages the clients’ multichannel export business. It enables visibility from demand forecasting, inventory and warehouse management, logistics, order management, marketing campaigns, sales, and customer service. It captures and analyses data at different stages, enabling brands to make data-driven decisions to optimise their operations/business.

The proprietary order and warehouse management technology works in integration with China Customs, helping brands manage the complex regulatory processes when selling across Asian markets.

eCargo provides trade financing through a credit management system, assisting with payment until the products clear customs. Once the goods have successfully cleared customs, the buyer begins the repayment process, allowing ECG to earn a margin on the service charge.

Image source: ©Kalkine Media®; © Media Element Collab Supply via Canva.com
Data source: Company ECG

• Flow [formerly JuJiaXuan (JJX)]

It is a B2B distribution platform that facilitates cross-border trades between international suppliers and Chinese retailers by means of supply chain, credit, and logistics management. The technology utilises eCoreOS® for logistics management, order management, and credit management to support cross country deals with trades from origin to destination.

The Group’s proprietary B2B distribution platform offers suppliers more than 4,000 points of sale across China and retailers access to products from different parts of the world. With this tech feature, involved parties have complete access to details such as the location of placed orders, list of products sold, delivery tracking and invoice statuses and invoicing. In short, it is a one-stop platform for order management, customs clearance, onshore/ offshore payments, and logistics, as per the company.

Comments by John Lau, Executive Chairman (Source: Annual Report 2022)

Flow registered a significant performance in 2022 with a monthly compounded growth rate of more than 30% in gross merchandise value. Furthermore, eCargo has secured partnerships with numerous suppliers under new categories, including fashion and apparel, semiconductor and electronic components, which boosted its revenue.