Ikea to establish $212m ASEAN logistics hub

23 August 2017

Ikea will invest 908m ringgits ($212m) to establish a regional distribution and supply chain centre for the ASEAN region in Malaysia, according to officials.

The Malaysian Investment Development Authority (MIDA) said the new supply chain centre would be among the top 10 largest regional distribution centres of Ikea Group globally and manage an inventory of 9,500 stock keeping units (SKUs) worth RM6.6bn annually.

 Want to stay up to date with the news? Sign up to our daily bulletin.

To read the rest of this article you need to sign in:
Don't have an account? Register here

JOIN CIPS

Not a CIPS member? Why not join CIPS to access a full range of benefits, including:

  • Access all areas of the CIPS Knowledge on-line library including tools and templates and Supply Management stories.
  • Enhance your network and get connected to a global community of 120,000 in 150 countries.
  • Stay in touch and up to date through member only events and branch meetings.
  • Annual subscription to Supply Management magazine.
  • 10 per cent discount on all training courses, workshops, seminars and conferences.
  • Up to 15 per cent discount on books from the CIPS book store, including course books and a range of further reading text books.

And much more. Click here to join >

LATEST
JOBS
Hounslow, Heathrow /Richmond upon Thames
Competitive salary depending on experience plus generous share award
Tails.com
City of London
GBP30000 - GBP35000 per annum + Excellent Benefits Package
Bramwith Consulting
SEARCH JOBS
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates
GO TO CIPS KNOWLEDGE