Business Model. The fundamental operational aspect of the Company is the building of a global pool of moving containers that are independent assets that can be deployed for residential and commercial moving purposes. The Company will utilize a network of warehouse and distribution centers to provide storage and local delivery of the container assets. The Company anticipates maintaining this pool of independent container assets and utilizing the network of locations to meet production demands by optimising freight costs. Several means will be used to optimise the fleet of the Smart Vault™ containers: - usage of IT-based asset-management tools, - optimisation algorithms to minimize the fleet size by maximizing the usage of each container and - inventory control systems to achieve transparency of the fleet. Through superior container asset management, the Company can achieve economies of scale far beyond the scales of a single moving company. This results in lower unit costs, higher service levels, better asset standardization and a maximized purchasing power of the Company with the container manufacturer.
Appears in 2 contracts
Sources: Service Agreement (Smart Move, Inc.), Service Agreement (Smart Move, Inc.)