Damco sets up new hubs in UAE, Malaysia and Morocco
THE Hague-headquartered global third party logistics provider Damco has expanded its Hub-in-Transit programme by establishing new hubs in United Arab Emirates, Malaysia and Morocco.
The programme allows companies to postpone decisions on final delivery date and final destination, by using container transshipment hubs as decoupling points in the supply chain.
Damco's global head of chemical & industrial, Anthony Elwine, explained: "Damco customers have used our Hub-in-Transit solution successfully to improve service to their customers while decreasing costs.
Damco's global head of chemical & industrial, Anthony Elwine, explained: "We have now developed three additional hub locations to help them serve even more markets, and reap similar benefits. Chemical sector clients have been early users of the programme, but the service is also suitable for other products, such as steels and textiles, or FMCG/CPG.?
The service is especially of interest to companies with limited on-site storage capacity where production operations are large-scale, continuous processes, according to a company statement.
"Those companies may be forced to ship their products based on assumptions about the best place and time of delivery. Hub-in-Transit enables them to make full use of carrier free-time by using strategically located trans-shipment hubs as virtual warehouses for goods. By doing so, they will be able to lower their costs-to-serve whilst increasing logistics flexibility towards their end-customers,?the statement added.