WEBVTT

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My name is Michiel Muller. I'm one of the founders of Picnic,

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and we bring all your groceries for the lowest price free to your door.

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Apart from the fact that we have a 100% electrical fleet and we have no food waste,

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it's also the local farmers, the local produce that people are really interested in.

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And we, through our whole system, allow them to sell their products to our customers.

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And people just love it.

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The last mile is the most important part that we have in terms of efficiencies,

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and we've introduced a milkman model and for that we need

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these little city hub type locations close to where people live.

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The search always starts, of course, with

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Where would you like to have the location?

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The features that are very important in our type of buildings,

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are being close to neighborhoods and at a good price,

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but also having existing buildings, which makes the business more sustainable.

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Not building new ones, but using existing ones is also an important factor.

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That's the place where all our electrical vans depart from.

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So it needs to be nice,

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but it also needs to be very efficient in terms of operations.

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For our local communities it means labor, we need quite a lot of people to drive our little vans.

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Finding the right buildings, finding the right owners is really important for us.

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I think what you see in the asset class of last mile logistics that you have a lot of private owners.

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So having a company as Mileway, being more professional really helps us in our business.