30 Jun '14, 5am

rejuvenation to free up valuable land space?

rejuvenation to free up valuable land space?

Mr Png: JTC Corporation no longer builds 'plain vanilla factories' [SINGAPORE] The new breed of industrial buildings rolled out by JTC Corporation may well give small and medium-sized enterprises (SMEs) - used to doing everything themselves - cause to think about how to run their businesses. "If you look at MNCs, they tend to specialise and outsource things that are non-core. But this may not be the case for our SMEs," says JTC CEO Png Cheong Boon. "For example, a food manufacturer tends to have its own delivery trucks and warehouse . Therefore, it ends up having to provide services such as delivery and warehousing on top of its core manufacturing and it doesn't enjoy the economies of scale that come along with outsourcing such services to a specialised operator. "We encourage companies operating in our space to redesign their processes and consider outsourcing. In that se...

Full article: http://www.stproperty.sg/articles-property/singapore-prop...

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