DHL's supply chain division has received for a second year in a row the honour of being named the Aerospace Logistics Company of the Year at the 2011 Frost & Sullivan Asia Pacific Aerospace and Defence Awards.

    The win comes shortly after the company clinched a landmark three-year deal worth EUR10.6 million with KPMG for Aero Inventory, a company that up until November 2009 offered airlines maintenance, repair and overhaul.

    The logistics solution will track and consolidate almost 25 million parts and their associated trace documents scattered over 100 locations, granting KPMG (as administrators of Aero) the option of managing insolvent UK firm Aero Inventory out of administration.

    "As part of the Aero Inventory solution, we recently expanded the DHL aerospace hub in Singapore by 55 per cent to 70,000 square feet. This is a timely move as Singapore is recognised as the number one centre in Asia for Aerospace MRO and is expected to capture a significant market share from the MRO sector with estimated total cumulative revenue of S$372 billion from 2010 to 2030," said Paul Graham, chief executive officer for the Asia Pacific region.

    To service KPMG, the logistics firm said it has created three gateways in Canada, Hong Kong and Japan to consolidate parts and then ship them to Aero Inventory's single global hub, which it runs out of Singapore to supply airlines worldwide.
 

(Source:http://www.schednet.com)