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SME 100 AWARDS 2016 - SINGAPORE'S FAST MOVING COMPANIES: YANG KEE LOGISTICS

A drive to succeed

Saturday, June 25, 2016 - 05:50
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Mr Koh attributed the company's success so far to its leadership and entrepreneurial spirit.

FOUNDED in 1990 by Koh Yang Kee as a trucking company with only two trucks, Yang Kee Logistics Pte Ltd has grown to become a well-known total logistics solutions provider that is continually expanding - via both merger and acquisition exercises as well as investments into new business verticals locally and overseas.

Today, Yang Kee Logistics has a global presence in eight countries with over 400 employees. Its services include contract logistics, trucking and haulage, international freight forwarding and container depot for various sectors such as chemical, consumer & industrial, oil & gas as well as food & beverage.

Yang Kee Logistics achieved yet another milestone when it was named one of the prestige winners of SME100 Awards 2016.

Group CEO Ken Koh said: "The SME100 Awards is a mark of recognition that we are truly an enterprising company with a great vision to grow globally. It affirms the direction of the leadership, the passion and spirit of the employees, to take the company to greater heights as a team."

Mr Koh, who joined his father's company in 2001, is instrumental in not only keeping the company's legacy but also further expanding the warehousing business and including international freight forwarding along the way.

"In 2008, we were successfully awarded the 8 Jurong Pier Road land, right next to Jurong Island, to build a modern chemical logistics warehouse. This building and warehouse also houses our HQ, admin block and other core operations for our transport, warehousing and freight services.

"We are now in the midst of building a new temperature-controlled warehouse that will help us venture into the healthcare sector in the near future," he explained.

Mr Koh cited that, with two warehouses in Singapore and a container depot, the company has also established a presence in seven other countries - Malaysia, Vietnam, the Philippines, China, Hong Kong, Thailand and Cambodia.

Mr Koh attributed the company's success so far to its leadership and entrepreneurial spirit. "With a clear vision and goals, the senior management together with the founders paved the way, recruiting like-minded and passionate professionals along the way to be part of the aspiration."

In addition, Yang Kee Logistics is always on the lookout for opportunities to develop Singapore's logistics capabilities to meet the needs of the higher value added and niche industries.

Mr Koh said that like other SMEs, Yang Kee also faces challenges in the current manpower crunch, and competition from multinationals. "To overcome this, we focused our efforts on re-branding and on placing importance in succession planning. We also differentiate ourselves as an employer of choice with our enterprising spirit to attract talents," he added.

Mr Koh said that they believe in differentiating themselves from their competitors by offering a more conducive environment to work in - providing a gym, children's corner, staff mass equipped with a pool table, karaoke etc.

"We also constantly look at new technologies or lean methods to improve our productivity and overcome the manpower challenge," he added.

As for the future, Yang Kee Logistics is aiming to go for a public listing by 2020. Besides continuing its expansion in the South-east Asian region, the company also plans to expand into Europe, Australia and America.