Less than 50% of life science companies currently have access to real-time data while less than a third use this data to make real-time business decisions.
The new 93,646-square-foot facility located in Tuas, Singapore will be able to store healthcare products in temperatures ranging from -176 degrees to 77 degrees Fahrenheit.
Lower oil prices and concerns about slower economic growth globally have weighed on the market, and the MSCI GCC Countries Index has fallen almost 13% in the past year.
Schenker is likely to attract bids from rival logistics companies, including Danish transport giant DSV A/S, Germany’s Deutsche Post AG and Switzerland’s Kuehne + Nagel International AG.
The center will concentrate on end-to-end supply chain visibility, supply chain resiliency, distribution data, climate change solutions, retail fulfillment and education/employee training.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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