Company overview -sole proprietorship



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COMPANY OVERVIEW
-Sole proprietorship company whose target audience is geographically localized in United States
-Headquarter is in Reisterstown, Maryland.
-Business process has started with volvo 2018 truck in 2021
-Due to the company’s recent establishment, there is no parking lot or head office in the United States. However, the company retains a dispatching, updating, and accounting office in Tashkent.
MANAGING CAPABILITIES
Now it’s time to refer to priorities management of capabilities:

  • Online Order Management (meaning management of large volumes of online orders necessitates the use of appropriate logistics software solutions)

  • Management of inventory and logistics

  • Managing the Supply Chain (Warehouse administration)

  • On-time completion (with Forecasting)_

  • Straightforward integration

Strengths

  • HMI Transport company is building strong management system.

  • Highly developed networking service, the company will be serving many large population centres in the USA.

  • The service coverage of company. HMI is located in Reisterstown, Maryland, but the company serves all over the USA, except Alaska and Hawaii in the United States.

  • The company took the benefits of outsourcing, and dispatching, updating and accounting tasks are operated in an office located in Tashkent.

  • The company took the benefit of utilizing less expensive labour force. Accounting, dispatching and updating services are affordable in Tashkent.

  • Customer loyalty, the company provides a satisfactory customer service

  • Weaknesses

Weaknesses

  • Transport damage is one of the problems of HMI Transport company and it adversely affects delivery process.

  • Low brand recognition: HMI Transport has recently started its function and it is not a powerful player in the sector, and thus it is not very popular like other logistics companies like Phoenix cargo.

  • The other weakness of HMI Transport company is the lack of finance and the size of company, since it is small company and does not have strong financial muscles. But it is necessary to invest in the right king of transport equipment and technology which requires huge expenses.

Opportunities

  • Online markets

  • New services

  • Up-to-date technology

  • Establishments of new markets

  • Online retail boom


Threats

  • External business environment - The current fuel cost in the country is a crucial factor in the external business environment. This directly affects the bottom-line.

  • HMI Transport company is not a Green Business, in fact it might come across with several government policies and interference.

  • Volatile operational costs.

  • Cost wars and market competition : As the industry has large powerful logistic companies which reached economics of scale. And they might try to cut costs in order to exclude small players.

Summary


  • HMI Transport's goal is to enhance logistics for clients throughout the United States by cooperating with partners all the way up and down the supply chain.

  • The firm benefits from increased supply chain visibility.

  • In order to acquire the trust of brokerage firms, the organization concentrated on on-time and secure delivery.

  • Despite a vehicle shortage in the business or market’s recent position, the company can execute routes and cargoes using old trucks

  • Providing full-time help to drivers and brokers provides the finest possibility for the organization in terms of accountability and trust.

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