Left to right: Dr Sascha Hower, group COO of SingPost and CEO of Quantium Solutions; Susan Goh, director of JTC; Goh Yeow Tin, deputy chairman of SingPost; Yam Ah Mee, CEO of Sembcorp Design & Construction; Lim Ho Kee, chairman of SingPost; Lee Eng Keat, director of EDB; Melvyn Lim, deputy group CEO and group CFO of SingPost; Vincent Koo, managing director of DCA Architects; and Woo Keng Leong, CEO of Postal Services, SingPost
Singapore Post (SingPost) held a topping-out ceremony on March 1 to celebrate an important milestone in the construction of its 553,000ft² regional e-commerce logistics hub.
The three-story facility has two warehousing floors, 150 simultaneous loading bays and an office block. It also boasts a fully automated parcel sorting facility with end-to-end sorting and picking and packing capabilities, which will occupy the entire ground floor of the building to enable faster order fulfillments.
Lee Eng Keat, director, logistics, Singapore Economic Development Board, said, “Practice leadership and operations excellence are necessary for companies to thrive in the e-commerce sector. When completed, SingPost’s e-commerce logistics hub will harness state-of-the-art automation systems to ensure high accuracy, high throughput and low cost per transaction.
“In addition, the facility will serve as a living laboratory where newer technologies can be tested jointly with technology providers and SingPost’s clients. We are heartened that SingPost recognizes productivity as a long-term commitment toward sustainable growth. We are confident that SingPost will continue to raise the bar in operations excellence.”
The next stage of the project will involve the installation of the sorting technology and warehousing equipment, which will be delivered at a cost of approximately S$30m (US$21m). The facility is scheduled for completion in late 2016 and it is hoped that it will provide SingPost with a 30-40% improvement in cost efficiency over the next 10 to 15 years.
Dr Sascha Hower, group chief operating officer, SingPost and CEO, Quantium Solutions, said, “The topping out ceremony brings us another step closer to fulfilling SingPost’s vision to be the regional leader in e-commerce logistics. At S$182m (US$130m), the new hub is our largest investment in Singapore to date.
“It is the first of its kind in Southeast Asia for e-commerce logistics, equipped with cutting-edge technology such as integrated, automated warehousing equipment linked to fully automated parcel sorting systems.”
March 2, 2016