The Covid-19 pandemic significantly impacts many business sectors, and many business players must work extra hard to survive. But that is not the case for the logistics business sector, as this sector has become the most preferred business sector of both local and international developers.
The logistics sector has shown its resilience amid the pandemic, and the demand for rental service is still going strong in quarter II of 2020. On the other hand, the property business is going through a hardship in the form of decreasing consumer, declining sale and rent prices, as well as the relocation of a number of tenants.
The retail sector is also heavily impacted, as the majority of malls closed down or operated in a limited capacity from March to June. Only several stores and certain services stayed open. With such condition, rental activity slowed down and only a handful of new rental agreements were agreed upon during this quarter.
However, it seems that rental growth during the last few years will be temporarily halted as mall operators and tenants make some adjustments in the adaptation phase of the new normal period.
Instead of Property Business, the Logistics Sector Now Holds a Lot of Opportunities (h2)
Before the pandemic, the property business was the favorite of local and international developers. However, after the pandemic, the logistics sector becomes the favorite instead. This is because the logistics sector holds a lot of opportunities on the socio-economic side.
The logistics sector has also shown its resilience amid the pandemic, and the demand for rental service is still going strong in quarter II of 2020. Operators and developers also show a high interest in the development of data centers. Data center is a relatively new market segment in Indonesia, and a number of operators are aiming for more strategic industrial areas and locations in the center of a city.
One of the Business Lines of PT Serasi Autoraya(h2)
The logistics sector is also one of the business units of PT Serasi Autoraya (SERA), which belongs to the Astra Group. Under the brand of SELOG, SERA is present to fulfill the customers’ need for variable, end-to-end logistics services.
PT Serasi Logistik Indonesia (SELOG) provides logistics service solutions covering logistics services based on contracts, delivery of goods service, warehouse management, and comprehensive freight forwarding through land, sea, and air transportation routes.
SELOG specializes in the sector of land logistics transportation and freight forwarding. Currently, SELOG owns 575 trucks. Meanwhile, the sea route is specifically managed by PT Toyofuji Serasi Indonesia that has 5 Ro-Ro (roll-on/roll-off) ships.
Currently, SELOG has also implemented Warehouse Management System (WMS) service. The WMS service enables a continuous tracking process related to receipt, pick up, delivery, and confinement of goods, damaged goods, as well as finished orders. Not only that, but WMS also allows the customers to view the stock of goods up to a low stock level in real-time.
For further information regarding SELOG, please check the following link https://www.sera.astra.co.id/en/news/2019/10/tata-kelola-supply-chain-management-demi-kemajuan-bisnis