Financial and Logistic operator (FLO)

What is FLO?

FLO stands for Financial and Logistic Operator. This service is based on the 3 main pillars of any business:

  • Financial: We finance all the foreign purchases our clients incur.
  • Logistics: We help our costumer to source any product they need and import such product to our warehouses from, wherever it is around the globe.
  • Supply: Once we have the product, we make sure that our clients have constant supply of such products so that they never miss a sale opportunity.

The whole cycle begins on purchase of goods and ends on us delivering such goods to the client.

Our operation is ran from Rionegro, Antioquia inside the Free Zone. We have 17 warehouses for this operation which adds up to around 17,000 square meters of floor capacity and around 400 employees. Abiding by the law, the processes that we offer are and are not limited to:

  • Import operations
  • Warehousing of product
  • Process and dispatch of product
  • Duty consulting
  • Licenses
  • Duty processing

Our foreign trade department is highly qualified to import any type goods on the least amount of time possible from anywhere around the globe and to deliver it to the client with all legal and clients requirements met.

Under this service we have two types of options: Full and Simple.

Full import option:
Purchase-Foreign Trade-Logistics

  1. Purchase:
  2. a.Our Comercial team travels with clients in search of products around the World and aids the client with the purchase process. Once items are choses, the supplier invoices Iblu under the terms negotiated with our client and we are responsible to meet those requirements. In simple, clients choose, we pay.

  3. Foreign Trade:
  4. a.Once negotiation is finished, our foreign trade team begins the process of getting the goods purchased from origin to our warehouses in the Rionegro Free Zone.

  5. Logistics:
  6. a.Once product reaches our warehouses, our in-house team processes the goods. The goods are properly stored, inventoried and reported to the client. Due to our operation being on a Free Zone we have the option to pay duty at once or partially depending on the needs of the client. Once the goods have been legalized with the duty agency, we begin to process the goods depending on the needs of the client.

Some of the operations we do are but are not limited to:

  • Packing
  • Manufacturing needs
  • Labeling of products
  • Pre distribution

b. We have state of the art logistics system that enables us to monitor the process at any given moment such as: location, completion state and any other information needed for the proper process of goods that are being imported, on route from or to port and already stored goods.

Benefits are but are not limited to:

  • You can keep buffer stock with us to really understand the behavior of your products
  • On time delivery to your needs or your client needs.
  • Inventory does not show on your balance sheets
  • Open space on your cash flow
  • Source products

Simple Option:
Foreign Trade-Logistics EXTIBLU

  1. Foreign Trade:
  2. a.Our foreign trade team is responsible for getting the goods reported by the client from origin to our warehouses in Rionegro’s Free Zone.

  3. Logística:
  4. a.Once product reaches our warehouses, our in-house team processes the goods. The goods are properly stored, inventoried and reported to the client.

Once the client requires dispatch of goods we begin to process the goods under the client’s requirements. Some of the processes are but are not limited to:

  • Manufacturing needs
  • Packing
  • Labeling
  • Pre distribution

b.We have state of the art logistics system that enables us to monitor the process at any given moment such as: location, completion state and any other information needed for the proper process of goods that are being imported, on route from or to port and already stored goods.