China recently was voted the market with the most expansion opportunities by healthcare industry executives who were surveyed for UPS's fifth annual "Pain in the (Supply) Chain" study. The global survey of senior executives provides insights into issues and opportunities in the industry.
"China represents one of the most important markets for UPS and our customers," said Jim Barber, UPS International President. "To capture this growth of consumer demand in healthcare, as well as increase presence in China, we are investing in bringing the best-in-class solutions to our customers."
UPS partnered closely with local governments to develop information technologies crucial to product integrity, safety and security. Additionally, all UPS healthcare customers have access to its global IT platform, which provides product visibility during the entire supply chain journey.
"With many healthcare companies demanding rigorous supply chain solutions in China, we are seeing increasing opportunities," said Richard Loi, President of UPS China. "The UPS Hangzhou facility, along with our existing Shanghai medical device facility, will speed products to key markets within China, and underscores UPS's commitment to strengthening our China network."
