May 17, 2020

Asia Pacific's leading YCH Group opens Indonesia facility

ych
ych group
Indonesia
asia pacific news
Freddie Pierce
3 min
YCH and guests at opening of new centre
Asia Pacifics leading supply chain company YCH Group has launched its latest state-of-the-art warehouse facility today in Surabaya, Indonesia. The YCH...

Asia Pacific’s leading supply chain company YCH Group has launched its latest state-of-the-art warehouse facility today in Surabaya, Indonesia. The YCH Indonesia Surabaya DistriCentre will serve to further expand the group’s extensive supply chain network in Indonesia.

YCH Group Chairman and CEO, Dr Robert Yap, was joined by officials from the Surabaya Department of Industry & Trade, local media, customers and stakeholders at the opening ceremony today. Already established in Indonesia since 2003 with presence across five islands (Java, Sumatra, Sulawesi, Kalimantan and Bali) and in over 60 Indonesian cities, the facility in Indonesia’s second largest city is part of YCH’s plan to enhance efficiency.

It is located at the crossroads of the city’s transport superhighways, being only 1km from toll access, 10km away from Tanjong Perak Seaport and 31km away from Juanda International Airport, thereby offering easy access to main land transport routes connecting Surabaya with Jakarta. Being well-connected with the city’s domestic and international logistic routes allows YCH and its MNC customers to effectively meet growing demand for end-to-end supply chain services within Indonesia and from overseas.

Country General Manager, Mr Iman Gandi said: “YCH’s latest Surabaya DistriCentre signifies another milestone in our growth in Indonesia. This 120,000 square feet facility leverages on our award-winning WMS (Warehouse Management Solution) that seamlessly integrates with customers’ back-end systems to power their end-to-end supply chain flows, from manufacturing to finished goods distribution.”

The new DistriCentre will service YCH’s clientele of global leading companies such as LG Electronics and Royal FrieslandCampina, who have been partnering YCH for its innovative solutions that help them maximise their potential to compete effectively in Indonesia.

With strong transportation connections in a prime location, the Surabaya facility signifies the group’s commitment in transferring the industry’s best practices, to service its growing MNC clients and develop symbiotically with valued partners across its network in Indonesia.

“The Indonesian consumer class is set to expand exponentially and is expected that some 90 million will enter this group by 2030. This means an additional annual spending of $ 1 trillion. This also presents an increasingly logistical challenge for enterprises in Indonesia: meeting the demands of sophisticated consumers and delivering goods to them on time,” commented Dr Yap. “I believe this is where YCH Indonesia can play a strategic partnership role to our customers. Continual innovations in technology and domestic facilities, coupled with our extensive supply chain reach in the archipelago mean that YCH will be able to serve both international and domestic enterprises to meet client expectations and ensure that their products are delivered safely and on time.”  

About YCH

Founded in 1955, the Singapore-based company currently operates throughout Asia-Pacific, including Malaysia, Thailand, Indonesia, Philippines, Hong Kong, Australia, China, India, Vietnam and Korea. A proponent of innovation, YCH is recognised for its 7PL™ approach in seamlessly integrating supply chain strategy with execution to attain success in the SCM industry. 

Share article

Jun 9, 2021

Biden establishes Supply Chain Disruptions Task Force

supplychain
Supplychainriskmanagement
Procurement
Biden
3 min
US government lays out plans for supply chain transformation following results of the supply chain review ordered by President Biden in February

The US government is to establish a new body with the express purpose of addressing imbalances and other supply chain concerns highlighted in a review of the sector, ordered by President Joe Biden shortly after his inauguration. 

The Supply Chain Disruptions Task Force will “focus on areas where a mismatch between supply and demand has been evident,” the White House said. The division will be headed up by the Secretaries of Commerce, Transportation, and Agriculture, and will focus on housing construction, transportation, agriculture and food, and semiconductors - a drastic shortage of which has hit some of the US economy’s biggest industries in consumer technology and vehicle manufacturing. 

“The Task Force will bring the full capacity of the federal government to address near-term supply/demand mismatches. It will convene stakeholders to diagnose problems and surface solutions - large and small, public or private - that could help alleviate bottlenecks and supply constraints,” the White House said. 

In late February, President Biden ordered a 100 day review of the supply chain across the key areas of medicine, raw materials and agriculture, the findings of which were released this week. While the COVID-19 health crisis had a deleterious effect on the nation’s supply chain, the published assessment of findings says the root cause runs much deeper. The review concludes that “decades of underinvestment”, alongside public policy choices that favour quarterly results and short-term solutions, have left the system “fragile”. 

In response, the administration aims to address four key issues head on, strengthening its position in health and medicine, sustainable and alternative energy, critical mineral mining and processing, and computer chips. 

Support domestic production of critical medicines

 

  • A syndicate of public and private entities will jointly work towards manufacturing and onshoring of essential medical suppliers, beginning with a list of 50-100 “critical drugs” defined by the Food and Drug Administration. 
  • The consortium will be led by the Department of Health and Human Services, which will commit an initial $60m towards the development of a “novel platform technologies to increase domestic manufacturing capacity for API”. 
  • The aim is to increase domestic production and reduce the reliance upon global supply chains, particularly with regards to medications in short supply.


Secure an end-to-end domestic supply chain for advanced batteries

 

  • The Department of Energy will publish a ‘National Blueprint for Lithium Batteries’, beginning a 10 year plan to "develop a domestic lithium battery supply chain that combats the climate crisis by creating good-paying clean energy jobs across America”. 
  • The effort will leverage billions in funding “to finance key strategic areas of development and fill deficits in the domestic supply chain capacity”. 


Invest in sustainable domestic and international production and processing of critical minerals

 

  • An interdepartmental group will be established by the Department of Interior to identify sites where critical minerals can be produced and processed within US borders. It will collaborate with businesses, states, tribal nations and stockholders to “expand sustainable, responsible critical minerals production and processing in the United States”. 
  • The group will also identify where regulations may need to be updated to ensure new mining and processing “meets strong standards”.


Partner with industry, allies, and partners to address semiconductor shortages

 

  • The Department of Commerce will increase its partnership with industry to support further investment in R&D and production of semiconductor chips. The White House says its aim will be to “facilitate information flow between semiconductor producers and suppliers and end-users”, improving transparency and data sharing. 
  • Enhanced relationships with foreign allies, including Japan and South Korea will also be strengthened with the express proposed of increasing chip output, promoting further investment in the sector and “to promote fair semiconductor chip allocations”. 
     

Share article