GERMANY's DHL Supply Chain has won a warehousing and distribution contract from leading global medical technology company Becton Dickinson (BD) in India.
'According to the India Brand Equity Foundation, the life sciences and healthcare industry in India is growing rapidly, with an expected compound annual growth rate of over 16 per cent from now until 2022.
'This makes the healthcare sector a focus area for DHL Supply Chain, especially in India, which has a 2.8 per cent share of the global biopharmaceutical market,' said DHL Supply Chain Asia Pacific CEO Terry Ryan.
'Being entrusted to consolidate and manage BD's supply chain in a country of this size and complexity demonstrates the strength of DHL Supply Chain's core expertise in optimising warehouse operations, enhancing transport solutions and standardising work processes,' he said.
The journey with BD started in late 2016, following the Indian government's introduction of the Goods and Services Tax (GST), BD made the strategic decision to review their domestic network in India with a focus on improving their customers' experience.
The project is in implementation, with major sites already having gone live, and the rest scheduled for completion by the middle of 2019. Among them is a new temperature-controlled site that has been inaugurated in the northern Indian city of Luhari, Haryana.
Aside from consolidating BD's logistics network, the logistics giant has obtained ISO 13485 certification for each site.
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'According to the India Brand Equity Foundation, the life sciences and healthcare industry in India is growing rapidly, with an expected compound annual growth rate of over 16 per cent from now until 2022.
'This makes the healthcare sector a focus area for DHL Supply Chain, especially in India, which has a 2.8 per cent share of the global biopharmaceutical market,' said DHL Supply Chain Asia Pacific CEO Terry Ryan.
'Being entrusted to consolidate and manage BD's supply chain in a country of this size and complexity demonstrates the strength of DHL Supply Chain's core expertise in optimising warehouse operations, enhancing transport solutions and standardising work processes,' he said.
The journey with BD started in late 2016, following the Indian government's introduction of the Goods and Services Tax (GST), BD made the strategic decision to review their domestic network in India with a focus on improving their customers' experience.
The project is in implementation, with major sites already having gone live, and the rest scheduled for completion by the middle of 2019. Among them is a new temperature-controlled site that has been inaugurated in the northern Indian city of Luhari, Haryana.
Aside from consolidating BD's logistics network, the logistics giant has obtained ISO 13485 certification for each site.
WORLD SHIPPING