Collaboration set to further YCH connectivity between Southwest of China, South Asia and ASEAN
Singapore, 16 July 2019 – YCH Group, Asia Pacific’s leading integrated end-to-end supply chain management and logistics partner signed a Memorandum of Understanding (MoU) with Yanglin Economic and Technological Development Zone Party, to further explore the collaboration on developing a YCH Kunming Modern Logistics Park Project in Songming Yanglin Economic Development Zone.
The signing was represented by Mr Yang Xiang Lai, Party Secretary and Director of Songming County, Yanglin Economic and Technological Development Zone Party and Mr Ni Zhi Gen, Head of Corporate Development and Special Projects for YCH Greater China. The signing was also witnessed by Dr Robert Yap, Executive Chairman of YCH Group and Vice-Governor Zhang Huo Hua of Yunnan Province as well as key Yunnan government officials.
With Yanglin Economic and Technological Development Zone Party supporting the collaboration with the management of the land development and local regulations to build YCH Kunming Modern Logistics Park, YCH will look to establish Smart Warehousing capabilities and supply chain management software to provide logistics services for sectors such as fast moving consumer goods and cold chain.
Aside from using technology as an enabler in the modern logistics facility, YCH will also develop supply chain financing and logistics training and education within the Distripark. This project seeks to intensify the growth of logistics infrastructure and capabilities in Kunmin, Yunnan, China.
Poised as YCH’s China Southwest Regional Economic HQ, as well as to faciliate China Southwest international trading, YCH will also focus on the distribution of goods and be the distribution centre for trading goods from Northwest, Southwest, East China and North China. This partnership will not only enhance the supply chain connectivity within China but also extend the supply chain connection to regions such as South Asia, with India being one of our strategic location.
“The YCH Kunming Modern Logistics Park is strategic and instrumental in building a comprehensive YCH connectivity around the Asia Pacific region. Since the mid 90s, YCH has been building a comprehensive network in China and a growing presence in various key cities in China, servicing both local companies as well as MNCs. We are honoured to work with the local government to facilitate the exciting developments of Yunnan’s business and industrial sectors,” said Mr Jeffrey Tan, YCH’s Head of Corporate Development, Network and Connectivity.
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About YCH Group
YCH Group is a leading homegrown, end-to-end supply chain solutions partner to some of the world's largest companies and favourite brands across the Asia Pacific region. YCH works across five distinct industries, from electronics and chemicals to consumer goods, always customizing solutions to suit its clients’ products. Due to the versatility, YCH is able to provide sophisticated management of its clients’ assets.
From establishing regional connectivity to setting up greenfield operations in emerging markets or expanding product scope, YCH’s robust distribution networks and innovative solutions offer compelling value to companies that desire to grow and scale across Asia and beyond. With deep-rooted understanding of local terrains and in-depth presence, YCH’s regional connectivity complements its wider range of specialised services. Its DistriParks and supply chain hubs are strategically located in more than 100 key cities across countries such as Greater China, India, Malaysia, Thailand, Indonesia, Philippines, Vietnam and South Korea.
YCH is also working with partners in Vietnam and Philippines, to establish Smart Growth Centres as part of SGConnect™ (Smart Growth Connect), ASEAN Business Advisory Council’s (ASEAN-BAC) fifth Legacy Project. The Smart Growth Centres in Ho Chi Minh and Hanoi aims to be the supply chain hub for urban cities, that will distribute and manage a range of different products for the city population while reducing socio-economic burden such as pollution, congestion and noise by leveraging of technologies to maximise distribution efficiencies and quality.
YCH’s footprint is also strengthened with distribution development such as the China-ASEAN Regular Shuttle Service. This Chongqing to Singapore cross-border cargo transportation service was borne from the strategic partnership with Chongqing ASEAN International Logistics Co. Ltd (CAIL) and Chongqing Banan District Government, which started back in 2016, strengthening YCH’s expansive connectivity between the two countries.
By jointly developing a southward trade route and logistics passage connecting China and ASEAN as part of the CCI (Chongqing Connectivity Initiative), the successful completion of the China-ASEAN Regular Shuttle Service, is open to new opportunities to further promote trade between China and ASEAN region by allowing regional businesses to enjoy an avenue of fast and on-demand cargo transportation service, with Singapore and Chongqing playing the role of mutual hubs in ASEAN and Western China respectively.
Productivity Through Innovation
With its mantra of “innovate to survive”, YCH launched Supply Chain City® in 22 September 2017. Headquarters for YCH and located at heart of Jurong Innovation District in Singapore, the 2 million square-foot equivalent state-of-the-art facility serves as Asia’s supply chain nerve centre that aims to accelerate industry best practices, support Singapore growth as a leading logistics hub and set new industry standards in Asia Pacific. Through the unique LEARN™ ecosystem, YCH synergises various business activities and entities to create a dynamic and vibrant community, where ideas can be exchanged freely, and businesses, including YCH, are able to leverage one another’s strengths to innovate and grow.
Supply Chain City also features the world’s first patented FusionARIS® - a seamless fusion of an Automated Storage Retrieval System (ASRS) and ramp-up warehouse integrated solution - along with inventory-counting drones and advanced robotics such as AGVs (automated guided vehicles). The ASRS is the largest in the region, and the tallest at 50m in height.
Technology and innovation have always been embedded in the DNA of YCH’s business. From moving people to moving cargo, giving existing facilities new leases of life, introducing IT into our supply chain operations, and creating an ecosystem to enhance the supply chain industry – all these are landmarks in YCH’s vision to transform supply chain and logistic in the region.
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