ACI Logistics sets up own supply network | The Daily Star
11:00 PM, July 07, 2009 / LAST MODIFIED: 11:00 PM, July 07, 2009

ACI Logistics sets up own supply network

ACI Logistics Limited has moved to develop its own supply chain network across the country, aiming to sell products at lower prices in their retail outlets.
The company, a unit of ACI Group, claims that the venture will also ensure fair prices for farmers, who often get poor returns on their yields mainly due to market manipulation.
ACI will train some 20,000 farmers across the country, who will supply produces to retail outlets known as 'Shwapno', Asif Iqbal, chief operating officer of Shwapno, said at a ceremony in Dhaka yesterday.
ACI will also train around 300 buying agents in different parts of the country, who will collect produces from the farmers and ship them to the sales outlets.
There are more than 32 outlets of the retail chain shop, covering Dhaka, Chittagong, Sylhet, Barisal, Bogra, Narayanganj and Jessore.
“When perishable produces come to the city areas, a good part of it gets wasted due to poor handling and management. Our trained people will ensure quality of produces with proper handling,” said Iqbal.
Katalyst that supports innovative and commercially viable projects will work with ACI to train the buying agents.
The Shwapno COO and James Blewett, general manager of Katalyst, signed an agreement in Dhaka yesterday, under which Katalyst will provide support to ACI Logistics to train the sales agents.
During the signing ceremony, Iqbal said: “Generally prices of products go up as these exchange several hands before reaching end consumers. But our market chain network will ensure avoiding middlemen and keep prices of our products down."
The retail chains of ACI sell different types of products ranging from rice, lentil, fish, meat, and vegetable to cooking products, toiletries, CD, VCD, and baby products.
Jawad Ali, head of supply chain agent development section of ACI Logistics, was also present.

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