Elahi Group of Companies “EGC”, a well-known name over the last 4 decades involved in supply chain business & logistics through their state-of-the art warehouses have signed an exclusive agreement with HashMove to digitalize over the period around 2 Million sqft of warehousing space as well as provide Collateral Management Services for their customers within Pakistan & abroad.
During the initial phase, this collaboration will enable EGC’s clients to digitally book the bonded or non-bonded warehousing space for their commodities/inventory storage within Pakistan. HashMove digital platform further provide quotes and other warehousing services on instant basis. Customers of EGC will now be able to book these warehouses on shorter lease terms as little as 3 days. In second phase, HashMove platform will enable EGC for its collateral management ‘CMC’ compliance/ licenses warehouses for their own & other warehousing facilities within Pakistan. By fully adopting the HashMove platform EGC will provide storage and preservation services for a range of agricultural commodities and also be able to issue credible warehouse receipts for agricultural commodity financing to the customers of their CMC compliance warehousing tenants. EGC & HashMove aiming to revolutionise the agriculture sector through the power of digitalisation & provide great benefits to the farmers in shape of the reduction in post-harvest losses occurs during the storage and logistics of these harvest.
Mr. Danish Elahi , CEO – Elahi Group of Companies, speaking on the occasion said, “ELAHI GROUP OF COMPANIES has been pioneer in supply chain business in Pakistan for last 4 decades. The underline success of our business lies in our ability to adhere to our strengths and continue to enhance our forte in line with modern trends. Our collaboration with HashMove is another milestone in this direction. We would like to be a fully digital warehousing company where our customers can explore and book their warehousing needs instantly without wasting any time. I am personally looking forward to work with HashMove to roll out CMC’s segment of our business and to introduce a digital CMC platform to ensure variants of compliance requirements set forth by SECP”.
Commenting on the occasion of agreement signing, Mr. Sarfaraz Alam, CEO and Co-Founder of HashMove, said, “The era we are living in is all about Digitalisation. There will be very less chance for the companies to survive unless they are digital specially to those who are in the business of logistics or a part of its echo-system. I am glad to see EGC is leading from the front and not shy in adhering the modern trends to keep its business uplifting in modern era. I congratulate the entire team of HashMove and EGC to embark this journey together”
Brief about Elahi Group of Companies:
Elahi Group of Companies ‘EGC’ has been involved in supply chain business segment involved in procurement of raw materials for different manufacturing concerns including transformer industry, inventory management, storage and logistics of huge volumes for past several years. EGC are well reputed traders & brokers of sugar, pulses & other commodities in the Pakistan commodity market for the past decade and growing their presence year-on-year. EGC have been importers / sole-agents / distributors of internationally recognized brands in the electronics industry for compressors of refrigerator, deepfreeze and water cooler.Brief about HashMove:
HashMove® is a Dubai-based technology company, introducing a smart logistics marketplace connecting shippers and logistics providers to seamlessly engage in conducting global, multi-modal, end-to-end logistics transactions and simplify the experience of shipping goods. HashMove’s marketplace for logistics gives users the ability to Search & Book shipments, view Pricing & Deals, Monitor & Track goods in real-time, across multiple logistics providers. Industry expertise coupled with the adoption of the latest technologies in IoT Tracking, Quality monitoring and Securing Shipments makes HashMove’s platform the leader in providing innovative digital logistics solutions. Strong regional ties and endorsements from government entities and industry experts is a testament to our credibility and capability.