DHL to invest 50M to grow service logistics stake
Aiming to capture a growing slice of the Ã¢â€šÂ¬3 billion outsourced Service Logistics market in Asia Pacific, DHL Supply Chain has announced plans to invest Ã¢â€šÂ¬50 million over the next five years to grow its Technical Services offering, part of its overall Service Logistics solution. DHL has also appointed an IT industry veteran to head […]
June 1, 2010
Ã¢â‚¬Å“By our estimates, the market is growing at about 25 per cent per annum,Ã¢â‚¬Â said DHL Supply Chain, Asia Pacific CEO Paul Graham. Ã¢â‚¬Å“Of that, Service Logistics services, especially Technical Services and repairs accounts for up to 60 per cent of the overall spend. Our focus on this sector will be an industry game-changer. Harnessing the size and scale of our extensive footprint spanning 42 countries and territories in Asia Pacific, we have a unique opportunity to bridge the market gap between companies offering technical repairs and logistics providers.Ã¢â‚¬Â
For geographically expansive markets like China and India, the focus is on growing DHLÃ¢â‚¬™s service logistics footprint. DHL operates from 400 sites in China and 470 locations in India. Of these, 15 per cent of DHLÃ¢â‚¬™s sites in China and 40 per cent of its facilities in India support service logistics.