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Third Party Logistics News - 3PLwire



Singapore logistics companies claim growth is limited.

By SwizStick • Apr 10th, 2006 • Category: Uncategorized


3PLs in Singapore say that growth in their industry is limited by price competition (what? 3PLs competing on price? No way!) and a lack of IT infrastructure:

Said Kevin Cheong, COO, RichLand Group, “Price is very important. The market is very competitive. A lot of these companies, especially larger companies, what they do is they very often do not look at 3PLs as partners. They look at them as a supplier, someone who can be switched very easily based on numbers.”

For outsourcing to work, industry players say it is necessary to have a solid technology infrastructure connecting the various partners or vendors.

But they say Asian manufacturers generally lack the know-how or the interest for such a link-up.

Said Mr Cheong, “One thing is that 3PL may be ready to build on this IT infrastructure to support the supply-chain initiatives but it is also equally important that Asian manufacturers are ready to do this. Unfortunately, they themselves are also struggling in trying to manage the information well internally.”

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