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WPG Electronics (HK) wins the Hong Kong Logistics (Medium) Award

2009-12-08
WPG Electronics (HK), a member of WPG Holdings, has received the “Hong Kong Logistics Award for Medium-sized Enterprise,” representing the recognition of WPG’s efforts and contribution to the logistics service industry. As the industry faces ever fiercer competition and with the highly specialized division of labor becoming standard practice, the quality of logistics services has become crucial to the success of semiconductor distributors within the supply chain. The granting of the top award to WPG Electronics (HK), a first-time contender, has unequivocally affirmed WPG Holdings’ value as a distributor in the semiconductor industry value chain.

Supply chain management has become ever more important in the growing trend of globalization in the semiconductor industry chain. WPG Holdings, as the preferred distributor in the Asia-Pacific region, has established a warehousing and logistics services presence in Taiwan, Shanghai, Hong Kong and Singapore, dedicated to providing overseas customers with cross-border services such as rapid delivery and international transactions. The Logistics Awards Hong Kong, organized by the Hong Kong Trade Development Council (HKTDC), is currently a highly representative logistics award for Hong Kong’s logistics industry. With its recognition and the honor, WPG reaffirms its commitment to providing a better, more comprehensive logistics services model to meet the immediate, highly dynamic needs of component suppliers and manufacturers. WPG Electronics (HK) applies information technology extensively and has introduced the automation equipment Warehouse Management System (WMS) to enhance productivity and to apply stringent control over the processes so that the likelihood of errors can be minimized, thus adhering to the highest principle of “zero defect.”

The supply chain management for the electronics manufacturers has become increasingly complex. It covers market demand, product planning, raw material procurement, inventory management, assembly, manufacturing, transportation and financial planning. What needs to be taken into consideration includes the support for unobstructed flow of goods, information and cash. WPG Holdings chief operating officer Mr. Hsieh Chia-Chuan said, “In addition to being recognized in the area of logistics services, WPG is also committed to building the global supply chain and becoming the industry’s preferred service provider. We are also committed to the shortening of lead time and cost reduction for the supply chain. Through the seamless integration of “information flow” and “logistics,” the group endeavors to optimize market demand and fulfill the needs of supplier planning so that information transparency between market demand, customer demand and production planning can be achieved, thus creating added value for the semiconductor distribution industry.”

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