The international parcel shipping company has begun offering a specialized suite of supply chain services that covers inbound through final distribution for semiconductor shippers with capital shipments.
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DHL has launched a suite of semiconductor supply chain solutions with expanded teams in Europe, Asia and the United States, the international express carrier and third-party logistics provider said in a statement.
According to DHL, the suite covers the entire value chain from inbound to manufacturing facilities through to final distribution to end users and provides visibility, compliance and maximum security of goods.
“With more than 3,000 dedicated employees and 50 facilities worldwide, we have built extensive infrastructure and expertise for the semiconductor industry. With our new offer, we connect DHL’s broad capabilities, enabling us to individually service our customers along their complete supply chain in a cost-efficient way,” said Rob Siegers, president of DHL’s Technology Sector. “This becomes crucial for an industry that requires special logistics to be a competitive differentiator.”
The semiconductor industry experienced moderate growth in 2016 but it is expected to grow in revenues by 16.8 percent surpassing first time a market value of $400 billion, mainly driven by shortages in the supply in the memory segment, said DHL. This growth has been spurred by mergers and acquisitions in the sector, as well as new applications in the automotive, industrial and technology industries, the company said.
“In light of the challenges the industry is facing when it comes to supply chain management, the new center allows us to provide our customers with a truly holistic view of their supply chain and effectively manage their logistic needs,” said Doug Whaley of Semiconductor Business Development at DHL. “Together with the data on our customers’ logistics movements, we can identify potential issues early and consistently optimize logistics costs.”