An Evaluation of Business Operations of Redx Logistics Limited

Abstract

One of Bangladesh's fastest growing logistics companies is Redx Logistics a Shopup subsidiary. It started its voyage in 2020 and its customers ranged from startups to the biggest corporations in Bangladesh. Redx seeks to transform Bangladeshi enterprises through cutting-edge logistical solutions. Redx offers three different services: inside Dhaka outside the suburbs of Dhaka and outside the city. It employs a hybrid management approach to oversee its fleet of delivery trucks. Redx uses its own vans and delivery trucks for deliveries within of Dhaka City while also hires transportation for deliveries outside of Dhaka City and in the suburbs. It employs a hybrid management approach to oversee its fleet of delivery trucks. Redx uses its own vans and delivery trucks for deliveries within of Dhaka City, while also hires transportation for deliveries outside of Dhaka City and in the suburbs. Shundarban, Paperfly, and Pathao are Redx's main rivals. Several businesses have digitalized their logistical processes. Redx divided the market into two categories, such as small and medium-sized firms and major corporations. E-commerce websites that ship a lot of packages are its major targets. It has already established a position with the intended clients. Redx helps its clients by offering product dispatching services, which are intangible services. In order to compete with their rivals, Redx concentrated on this approach as well and decided to emphasize Neutral pricing. Redx's cost is essentially the delivery fee for sending a goods. Because it provides logistical services, it has hubs in 64 districts and numerous hubs in certain districts. first company that springs to mind whenever an online store is seeking for a delivery partner. You may learn about the company overview in the first chapter. The very next chapter of this study, which mixes market, weakness, opportunity, and threats, has a detailed discussion of market strategy. I talked about how Redx Logistics Ltd operation. The next chapter will discuss my responsibilities as a senior officer in this organization, as well as my learnings. Finally, I offer a conclusion and a recommendation to wrap up my report.