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OpenPort selects LMKT as Technology Partner
November 28, 2020 – ISLAMABAD – OpenPort, the premier technology driven logistics and supply chain start-up platform is pleased to announce that it has selected LMKT as its strategic technology partner to lead its next phase of growth development. This partnership further strengthens OpenPort’s technology team, currently based in multiple locations in Pakistan and the rest of Asia.
OpenPort has been operational in Pakistan since 2016 with cutting-edge digital logistics solutions serving some of the big FMCG and other key sectors of Pakistan. Its open, neutral and smart cloud based solution helps shippers and logistics companies with actionable smart insights and real-time visibility across the complete logistics supply chain.
LMKT is a leading technology service provider of Pakistan with presence across the country and internationally. It specializes in Smart cities and location based solutions to meet the requirements of fast growing economy and rapid urbanization.
Under the partnership, OpenPort is expanding its technology team dramatically via LMKT. The expanded team will focus on developing new products, introducing new technologies as well as necessary upgrading of the technology stack. The expanded team will allow OpenPort to continue its exponential growth and continue its sharp focus on servicing clients.
“Technology is at the heart of our company”, Mr. Aamir Haroon, CEO of OpenPort Pakistan, said on the occasion. “Our solution has proven success with customers enjoying increased efficiency. We are thrilled to have LMKT as partner in our next stage of growth. Clients should look out for new and more exciting solutions coming soon”, he added.
“LMKT has been at the cutting edge of technology for over two decades and we are excited to lead the tech stack for OpenPort as it accelerates its already high growth and disrupts the logistics landscape of Emerging Markets” said Mr. Atif Rais Khan, CEO and Co-Founder of LMKT on the occasion.
Despite a significant portion of Pakistan’s economy tied with the logistics sector, it lags behind and needs to modernize. 12-14% of Pakistan’s GDP is associated with transport sector and 5.4% of Labour force is linked with logistics sector. However, in 2018 World Bank ranked Pakistan at 122 position in the World Bank Logistics Performance Index.
OpenPort platform brings network effect connecting all stake holders in logistics chain i.e. shippers, transporters and distributors together, boosting transparency, efficiency and traceability of each segment of the shipment.
About LMKT
LMKT is a full-service technology company, which together with its affiliated businesses have been consistently ranked as one of the leading ICT service providers of Pakistan. The Company specializes in smart cities, smart buildings, e-governance, clean technology and agri-tech solutions in its pursuit to support the country’s fast-growing economy and rapid urbanization. With its technology pedigree of over two decades, LMKT has brought about the transformation of key industries including energy, agriculture, telecom and the public sector through disruptive technologies and continuous innovation. From smarter urbanization to rural transformation, the Company’s mission is to enable and empower communities by investing in people and technologies of tomorrow to create a wider socio-economic impact.
About OpenPort
OpenPort is on a mission to transform one of the most inefficient and fragmented sectors of the world – logistics and supply chain. Its open, neutral and robust systems allow complete and easy integration with its clients’ ERP systems, providing visibility, reliability, security, trust, higher cash flows and stronger sales to its clients. Though mostly in stealth mode since its inception, the start-up has already built strong client partnerships by delivering ground-breaking and innovative solutions to clients. The company manages thousands of shipments, trucks, drivers and SKUs on a monthly basis through its systems.
For further information, contact us at info@OpenPort.com, visit our media sites @OpenPort, or LMKT at sales@lmkt.com.