DHL awarded €10 million contract
DHL Supply Chain has been awarded a three-year, €10.6 million contract to help consolidate the equipment of Aero Inventory, a consumables and expendables dealer that worked with Qantas, Air Canada and All Nippon Airways. The equipment — 25 million airplane parts scattered over 100 locations — is worth €300 million.
The job also will require DHL to expand its Aerospace Hub in Singapore to 70,000 square feet.
In order to locate and recover inventory from all over the world, the company will create regional hubs in Canada, Hong Kong and Japan; after collecting materials in these places, the company will then ship the goods to Singapore. The Aerospace Hub in Singapore, which was opened in 2007, was picked for the job because of warehousing and freight costs, access to major air routes, and sales and operational strategies that were already in place, DHL said in a release.
"We look forward to bringing our worldwide logistics and warehousing solutions experience to this project and are confident we can help to make the Aero Inventory business a growing one once again," Andrew Mitchell, vice president of business development, Asia Pacific, for DHL Supply Chain said in a statement.