SingPost inks logistics and warehousing master contract with Specialized Bicycle
SINGAPORE Post (SingPost) has snagged a three-year logistics and warehousing contract with premium global bicycle brand, Specialized Bicycle Components.
With this, Specialized will shift its regional warehousing operations from Hong Kong to Tampines Logistics Park, making SingPost its South-east Asian logistics and warehouse partner. SingPost will handle warehousing and sea freight for bicycles and equipment, as well as last mile deliveries and returns from Singapore and Malaysia.
SingPost's head of group sales, Sara Gerdner Kalle, said: "Our warehousing and delivery solutions will ensure that cyclists in the region have faster and easier access to Specialized bicycles and products, so they can pursue their passions with peace of mind."
Specialized said SingPost's inventory management system and good warehousing practices at its Regional eCommerce Logistics Hub allow accurate and efficient management of thousands of its products.
Said Hideki Mochizuki, managing director of Specialized Asia Pacific: "We want to make our products available to riders at the right time, at the right place, and we apply the same concepts to logistics management."
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance