Yellow Brick Road frontman Mark Bouris has teamed up with James Packer, one of the nation’s wealthiest men, in an effort to take on Australia Post.
The Sydney Morning Herald reports that TZ Ltd, chaired by Bouris, is set to launch a smart-locker parcel delivery network dubbed “Adam,” soon to be installed at 50 sites Australia-wide.
TZ has reportedly struck a deal with e-commerce delivery company Temando, which involve the company delivering parcels to Adam lockers which can be accessed 24/7.
Earlier in the year, Packer’s private investment company, Ellerston Capital, paid $5 million for a stake in Temando, which currently ranks second only to Australia Post for annual parcel deliveries.
The first lockers are set to be installed in Sydney’s CBD and be working by January.
Temando chief executive Carl Hartmann told the SMH that the Adam lockers provide a necessary service for online buyers tired of having to visit the post office in order to pick up parcels.
“A lot of thought has gone into Adam, in terms of the locations of the lockers, parking and the ease of use. We can see there being 100 or so locations by the end of next year.”