Tuesday, 6 June 2006

Motorola to Invest USD 60 Mln in Singapore to Expand Market

Motorola Inc. has announced that it plans to invest USD 60 million to expand its global supply chain operations in Singapore over the next two years.

The company also said as a part of the plan it would add another 200 employees above its 2,500 strong workforce in Singapore by the end of 2007.
Motorola sees improving the efficiency of its supply chain -- which handles about USD 10 billion of business a year -- as a key driver of profitability.

The business division in Singapore will handle global purchasing, procurement, sourcing and logistics across all of Motorola's businesses, ranging from mobile devices to networks and connected home solutions, the company said.

Motorola is centralising its global supply chain efforts for the first time with its new control centre, a move which should lead to improved profitability, time-to-market, and cost structure, Chief Executive Officer Edward Zander told a news briefing.

Zander said USD 60 million would be utilised in recruiting staff, research and development, information technology systems as well as manufacturing process technologies.