Amid restructuring trends in the economy, Pan Asia Logistics has officially opened its new warehouse at Tuas, with an automated storage and retrieval system.
The new system is expected to boost productivity by some 70 per cent. It can store up to 700,000 different spare part types and will result in space savings of about 30 per cent.
Pan Asia Logistics said the new facility – its second facility in Singapore – will add more than 40,000 square metres to its warehouse and office space, bringing its total gross floor average in the region to more than 150,000 square metres.
The fully automated system can run continuously with occasional supervision, replacing labour-intensive manual handling that in the past led to cases of human error. With the new system, as much as 40 per cent of lower-skilled jobs will be transformed into higher-skilled roles, with a corresponding increase in wages for staff.
The adoption of the technology was supported by the Capability Development Grant from SPRING Singapore.
Speaking at the launch, Senior Minister of State for Transport and Finance Josephine Teo said it is important that businesses embrace change, in the drive towards higher productivity.
“Ultimately, all the schemes that we put in place, all the initiatives that the Government can introduce to help bring about change, bring about enhancements in the economy … cannot happen until businesses and enterprises have the passion, the commitment and determination to make things happen,” said Mrs Teo.
Source : Channel NewsAsia – 1 Sep 2014