hursday, April 02, 2009
F&N OPENS RM25 MILLION WAREHOUSE IN KUCHING
The soft drinks division of Fraser & Neave Holdings Bhd, Malaysia opened
on 2 April 2009 a RM25 million state-of-the art warehouse in Kuching
Sarawak to manage the increased demand for storage capacity of raw
and finished goods to meet the projected volume growth in Sabah and
Sarawak.
The new facility more than triples F&N’s warehousing capacity to
600,000 cases from 180,000 cases currently.
The new warehouse would improve operational facilities especially in
enhancing F&N’s service to its customers in the region.
The new facility and its integrated, computerised Warehouse
Management System enables F&N to better manage inventory in terms of
security, movement, handling, stock rotation and traceability of the
products to minimise inventory losses and optimise dispatch
operations.
The RM25 million investment in setting up the new warehouse facility
includes the cost of acquiring the required land. The 4,850m2
warehouse complements the existing warehousing facilities in Kuching.
In essence, F&N is able to house all its products under one roof
amounting to over two weeks of stock to cater to market needs.
F&N has a significant presence in Sarawak. Besides the soft drinks
operation, the company also owns and operates Borneo Springs, a
mineral water company. The Group directly and indirectly employs 650
Sarawakians, and over the last 43 years, has successfully trained
and developed local talents, who have contributed positively to the
continuing growth of the Company. F&N’s total investments in Sarawak
amount to over RM100 million, while F&N’s soft drinks and dairies
division contribute over RM400 million per annum to the Sarawak
economy.
F&N commenced operations in Kuching in 1966 with one production line
producing a capacity of 567,000 cases per year. The company has
since grown its operations and sales manifold. Based on the soft
drinks division’s performance in the last financial year, total
sales volume in Sarawak exceeded five million cases while production
was in excess of seven million cases.
Fraser & Neave Holdings Bhd is a Malaysian company listed on Bursa
Malaysia with F&B businesses in soft drinks, dairies and glass
packaging. The Group employs nearly 5,000 employees in operations
straddling Malaysia, Thailand, China and Vietnam.
F&N is Malaysia’s largest soft drinks manufacturer and distributor
and has a total workforce of about 1,380 employees in 21 offices
throughout the country. The company operates four manufacturing
plants nationwide, among which includes a state-of-the-art facility
at its headquarters in Shah Alam, Selangor and distributes F&N
products comprising 100PLUS, F&N Fun flavours, F&N Sarsi, SEASONS,
Fruit Tree, and Coca-Cola products in Malaysia.
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