Kuehne + Nagel (K+N) has unveiled its 50,000 square metre Singapore Logistics Hub, to serve high tech, industrial, pharmaceutical and healthcare customers in the region.
The hub, located in the West of Singapore, is near pharma and healthcare hubs, and major manufacturers and ports. It offers 46,000 square metres of warehousing space, and more than 40 per cent of the hub has advanced chilled storage, redressing and postponement facilities to support pharmaceutical and healthcare companies operating in Asia.
The company says the hub will include K+N’s first centre of excellence for logistics innovation in the region. It will also use KN PharmaChain, K+N’s product for the pharmaceutical and healthcare industry.
K+N Group chief executive officer, Dr Detlef Trefzger says: “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.”
Singapore Economic Development Board chairman, Dr Beh Swan Gin says: “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.”