ID :
165821
Fri, 03/04/2011 - 11:55
Auther :
Shortlink :
https://oananews.org//node/165821
The shortlink copeid
DHL WINS 10.6 MIL EURO DEAL WITH KPMG, EXPANDS SINGAPORE AEROSPACE HUB
SINGAPORE, March 4 (Bernama) -- HL Supply Chain, the supply chain arm of DHL, the world’s leading logistics company, has developed an innovative solution to track and consolidate almost 25 million parts and their associated trace documents scattered over 100 locations worth 300 million euros.
This (the solution) will enable KPMG (as administrators of Aero) the option of managing insolvent UK firm, Aero Inventory, out of administration.
The solution also means a three-year contract worth 10.6 million euros for DHL and the expansion of its Aerospace Hub in Singapore by 55 per cent to 70,000 sq ft, DHL said in a statement today.
Andrew Mitchell, Vice-President, Business Development, Asia Pacific, DHL Supply Chain, said: “We are absolutely delighted to be partnering with KPMG and Aero Inventory in this exciting and unique venture.
"As the administrator, KPMG has engaged us to establish a robust supply chain for the future incarnation of the Aero Inventory.
"We look forward to bringing our worldwide logistics and warehousing solutions experience to this project and are confident we can help to make the Aero Inventory business a growing one once again.”
DHL Supply Chain’s solution to uncover, recover and consolidate inventory from places as diverse as El Salvador and China, plus the development of a proper ongoing sales channel, will enable KPMG to maximise the sales value of the inventory as well as give them the option of rebuilding the Aero Inventory into a viable business.
To achieve this, DHL will create three gateways in Canada, Hong Kong and Japan to consolidate parts released from Aero Inventory worldwide and then ship them to Aero Inventory’s single global hub which DHL will run out of its Aerospace Hub – set up in 2007 – in Singapore to supply airline clients all over the world.
The solution, which will require the services of DHL’s Global Forwarding and Express divisions as well, leverages the company’s vast global network and experience, to withdraw all parts from customer locations worldwide, including Australia, Canada, China, Indonesia, Japan and the US -– and have them distributed out of a global hub in Singapore.
Singapore was chosen as the location for the hub for better inventory management with key drivers for that decision being warehousing and freight costs, operational and sales strategies and access to major air routes.
DHL Supply Chain will maintain Aero Inventory’s global hub; DHL Global Forwarding will ship the parts in through its various gateways and DHL Express will send many of the components via Express service to airline customers.
The hub had started receiving inventory from January and sales would become operational in April. Under the deal, DHL aims to consolidate the entire inventory in Singapore by January 2012.
This specialist aerospace facility will host one of the world’s largest inventories of aircraft parts, capable of supporting the major aircraft fleets of many of the world’s airlines and maintenance, repair and overhaul (MROs).
This (the solution) will enable KPMG (as administrators of Aero) the option of managing insolvent UK firm, Aero Inventory, out of administration.
The solution also means a three-year contract worth 10.6 million euros for DHL and the expansion of its Aerospace Hub in Singapore by 55 per cent to 70,000 sq ft, DHL said in a statement today.
Andrew Mitchell, Vice-President, Business Development, Asia Pacific, DHL Supply Chain, said: “We are absolutely delighted to be partnering with KPMG and Aero Inventory in this exciting and unique venture.
"As the administrator, KPMG has engaged us to establish a robust supply chain for the future incarnation of the Aero Inventory.
"We look forward to bringing our worldwide logistics and warehousing solutions experience to this project and are confident we can help to make the Aero Inventory business a growing one once again.”
DHL Supply Chain’s solution to uncover, recover and consolidate inventory from places as diverse as El Salvador and China, plus the development of a proper ongoing sales channel, will enable KPMG to maximise the sales value of the inventory as well as give them the option of rebuilding the Aero Inventory into a viable business.
To achieve this, DHL will create three gateways in Canada, Hong Kong and Japan to consolidate parts released from Aero Inventory worldwide and then ship them to Aero Inventory’s single global hub which DHL will run out of its Aerospace Hub – set up in 2007 – in Singapore to supply airline clients all over the world.
The solution, which will require the services of DHL’s Global Forwarding and Express divisions as well, leverages the company’s vast global network and experience, to withdraw all parts from customer locations worldwide, including Australia, Canada, China, Indonesia, Japan and the US -– and have them distributed out of a global hub in Singapore.
Singapore was chosen as the location for the hub for better inventory management with key drivers for that decision being warehousing and freight costs, operational and sales strategies and access to major air routes.
DHL Supply Chain will maintain Aero Inventory’s global hub; DHL Global Forwarding will ship the parts in through its various gateways and DHL Express will send many of the components via Express service to airline customers.
The hub had started receiving inventory from January and sales would become operational in April. Under the deal, DHL aims to consolidate the entire inventory in Singapore by January 2012.
This specialist aerospace facility will host one of the world’s largest inventories of aircraft parts, capable of supporting the major aircraft fleets of many of the world’s airlines and maintenance, repair and overhaul (MROs).
