Singapore, 18 March 2021 — SourceSage, a leader in the local B2B e-commerce platform industry has signed its newest partnership with ECODI, a digital 4PL partner to establish a secured market access to Indonesia. The partnership with ECODI aims to facilitate trade from Singapore to Indonesia by giving SourceSage sellers real-time visibility throughout the entire logistics value chain.

ECODI is a technology logistics company with unique capabilities in the ASEAN Digital 4PL space. As an International affiliate of JNE Express (Indonesia's largest parcel express company by market share & with an extensive network of over 7,000 outlets), the asset light ECODI Indonesia digital supply chain platform will orchestrate end to end integrated logistics for international brands and business partners. ECODI’s unique capabilities include expedited customs clearance, parcel delivery to the doorstep of a large population (with digital payment as an option). Powered by cutting edge technologies, ECODI can track the flow of goods and money via a single API.

SourceSage, together with ECODI, will build the Singapore-Indonesia digital connector utility as a ‘Go Digital + Go International’ initiative. Connecting both Singapore & Indonesia's leading supply chains and ecommerce platforms, the SourceSage & ECODI partnership will combine their networks, infrastructure, and market opportunities on both territories.

In this partnership, SourceSage aims to expand into the Indonesian ecommerce market with their online store builder and procurement platforms while ECODI looks to tap into SourceSage’s network of customers in the region through its platform. Therefore, for SourceSage sellers, they can access potential buyers from Indonesia and utilize ECODI’s secured logistics services to facilitate the trade.

“ECODI intend to overcome the cross-border fulfilment challenges of digital commerce with the aim to promote trade between ASEAN countries. By establishing a regional digital ecosystem of cross border fulfilment stakeholders starting with JNE Express (Indonesia’s largest parcel express company), we can interoperate with SourceSage seamlessly to extend its business model to better capture new opportunities & revenue streams for SourceSage community of SME sellers” – Mr. Alex Tan, Founder & CEO, ECODI.

"Partnering with ECODI to build a combined module ‘Go Digital + Go International’ will unleash the full potential of cross-border trading. By combining our networks, infrastructure and integrating our APIs with ECODI, we open the doors to immense opportunities like drop-shipping, procurement, supply chain management and so much more. Furthermore, our own community of SME sellers can directly tap on these new networks as an advantage to acquire new business modules or revenue streams. As a digital tech company, creating value for our community stays very much in our core focus” – Mr. Sim Jian Min, CEO, SourceSage.

To stay competitive, enterprises must embrace new infrastructures and partnerships to grow with the explosion of data and simultaneously looking for new ways to leverage this data to operate their business more efficiently and effectively. This partnership with ECODI will give both our communities new opportunities to grow and explore the logistic chain.

What can our SourceSage sellers expect?

For our sellers, if you have a buyer in Indonesia, very soon you can use ECODI’s services by clicking onto their delivery option within your seller’s dashboard. As our partnership with ECODI matures, SourceSage will also integrate more functions for our sellers which potentially includes drop-shipping from Indonesian suppliers. Stay updated of the launch of these add-ons from our ECODI Partnership.

About SourceSage

SourceSage is an ecommerce platform company founded in 2015, which aims to empower enterprises and individuals with their own platforms to start, grow and scale their businesses online successfully. By providing procurement and distribution services for both MNCs and SMEs, SourceSage is the intermediary that bridges merchants’ barriers to access, with the goal of accelerating the transaction process. Our various aggregated platforms engage more than 7000 merchants from over 14 countries, equipped with more than 50,000 products. Our clients include DBS Bank, DHL, Mitsui & Co. and many more.
 

For further information, please reach out to investorrelations@sourcesage.co.