3M renews contract with CEVA in South East Asia
Singapore – CEVA Logistics, one of the world’s leading supply chain management companies, today announced its extended collaboration with 3M, a world leader in innovative products and solutions, to be their preferred logistics service provider in warehouse management and distribution in Singapore, Malaysia and Indonesia.
Under the terms of the renewed contract, CEVA will operate both 3M’s Regional Distribution Center (RDC) and national DC in Singapore, with an increased warehouse footprint to nearly 28,000 sq m in total. CEVA also manages 3M’s national distribution centers in Malaysia and Indonesia. The scope of services to support 3M includes warehouse management activities, inbound and outbound operations, inventory management, bonded warehouse storage, raw materials, inbound logistics of the plants and other value added services.
In addition, CEVA will use its customized IT solution, Matrix® Warehouse Management System (WMS) at the RDC to provide 3M with real time visibility and better control of their supply chain. 3M’s RDC in Singapore plays an important role in the region as part of 3M’s supply chain optimization strategy to meet demands of their customers.
3M’s Mr David W. Werner, Asia Manufacturing and Supply Chain Director said: “3M puts the customer at the center of what we do. An optimized supply chain delivers tangible benefits in increased operational efficiency, time to market and cost management. We are pleased to work with CEVA and leverage their supply chain expertise to maintain a strong, robust supply chain for 3M in this region to better serve our customers.”
Elaine Low, CEVA’s Executive Vice President for South East Asia, said: “We recognize the increasing complexities of supply chains that global companies, such as our customer, 3M, faces. To support their strategy for a responsive and efficient supply chain, CEVA is constantly designing solutions and ways to increase our level of service to 3M so that they can, in turn, fulfill their customer promise.”