UPS Expands Healthcare Network

UPS said it is opening healthcare facilities in Singapore, the Netherlands, Canada and the United States in an expansion designed to meet the evolving needs of pharmaceutical, biotech and medical device companies.

The company said increased globalization and a growing reliance on outsourcing of the supply chain spurred the move to expand its network to a total of 30 healthcare-dedicated facilities around the world.

“We are seeing increased demand from healthcare manufacturers wanting more agile supply chains. This clear industry trend is driving companies to look for more global solutions and deeper supply chain partnerships,” said Bill Hook, vice president, global strategy, UPS Healthcare Logistics. “We have a robust pipeline of healthcare business and are continuing to invest in this industry to meet the fast-evolving needs of our global healthcare customers.”

 
The new facilities in Singapore; Venlo, the Netherlands; Burlington, Canada, and Louisville, Ky., bring the total amount of UPS dedicated healthcare distribution space to more than 4 million square feet.

The facilities are configured to help manufacturers meet stringent and often-complex regulatory requirements for healthcare products, provide flexibility for a changing business environment and serve an increasingly global customer base. They include temperature sensitive capabilities to handle specialized storage and distribution needs.
(Source:www.joc.com)