Singapore, 5-1-2016 — /EuropaWire/ — Kuehne + Nagel, one of the leading global logistics providers, today unveiled its Singapore Logistics Hub, a 50,000 sqm built-to-suit facility located in the west of Singapore. The facility is part of Kuehne + Nagel’s regional expansion plan to support its fast growing supply chain clientele operating within Singapore and the ASEAN countries.
Klaus-Michael Kuehne, majority shareholder and Honorary Chairman of Kuehne + Nagel International AG, said, “Singapore is located at the heart of major shipping lanes in Asia. We have identified its pivotal role to regional trade 46 years ago and it remains today an important part of our growth strategy in Asia Pacific. The Singapore Logistics Hub is Kuehne + Nagel’s largest investment outside Europe and represents our long-term commitment to the market. The new facility provides the necessary end-to-end, value-added supply chain capabilities to support our customers through Asia’s complex trade and logistics landscape.”
Centre of Excellence to support high growth industries within Asia Pacific
Located near pharma and healthcare hubs, major manufacturers and ports, the Singapore Logistics Hub provides 46,000 sqm of warehousing space. Aside from the standard freight and warehousing service offerings, the new facility will serve as a regional centre of excellence for high-tech, industrial, pharmaceutical and healthcare customers, offering supply chain optimisation and value-chain transformation solutions.
More than 40 per cent of the new logistics hub has been furnished with advanced chilled storage, redressing and postponement facilities to support the growing base of pharmaceutical and healthcare companies operating in Asia. In combination with Kuehne + Nagel’s award winning logistics solution, KN PharmaChain, the Singapore Logistics Hub completes Kuehne + Nagel’s regional offering to provide a one-stop end-to-end supply chain solution to the industry.
Driving customer centric supply chain innovation
In line with its global strategy to drive logistics efficiency through supply chain innovation, the Singapore Logistics Hub will include Kuehne + Nagel’s first centre of excellence for logistics innovation in the region.
Dr. Detlef Trefzger, Chief Executive Officer of the Kuehne + Nagel Group: “The centre of excellence for logistics innovation is an integral element of Kuehne + Nagel’s strategy to foster continual and operations-related logistics innovation through stronger collaboration with customers, partners and employees. Global companies are realising that efficient supply chain management can be the differentiator in today’s dynamic business landscape. The centre of excellence will allow us to work alongside our customers and partners in developing technologies and business strategies that are pragmatic and enhance supply chain efficiencies.”
In a real life environment a collaborative platform between customers, industry partners, independent and Kuehne + Nagel experts implements and tests applied operations innovations. In this context supply chain efficiencies and working capital improvements are in the focus of the collaborative optimisation activities.
Kuehne + Nagel has invested in building up a robust human resource set-up leveraging on local and regional talents. The new facility will include a Logistics Learning Hub which focuses on driving talent development, training, and succession planning to support business growth.
Over many years Kuehne + Nagel has enjoyed a close and successful cooperation with the Singapore Economic Development Board, especially in the fields of employee education and innovation.
Its Chairman, Dr. Beh Swan Gin, said: “Asia presents many opportunities for companies to create new businesses and further differentiate existing ones. Innovation is therefore critical for the continued transformation of Singapore’s logistics industry and the strengthening of Singapore’s position as a world-leading logistics hub. We are pleased and honoured to have a long-standing partner, Kuehne + Nagel, travel with us on this exciting journey.”
About Kuehne + Nagel
With over 66,000 employees at more than 1000 locations in over 100 countries, the Kuehne + Nagel Group is one of the world’s leading logistics companies. Its strong market position lies in the seafreight, airfreight, contract logistics and overland businesses, with a clear focus on providing IT-based integrated logistics solutions.Further information can be found at www.kuehne-nagel.com
Kuehne + Nagel Management AG
Head of Corporate Communications
Phone +41 (0)44 786 96 78
SOURCE: KUEHNE + NAGEL INC