PWC Logistics (Saudi Arabia) wins Al-Nahdi Medical contract

The contract will be for a minimum of five (5) years at a value of in excess of SR30,000,000.

Under the terms of the agreement, PWC Logistics will take responsibility for NMC's warehousing operations in Jeddah, Riyadh and Dammam, and other areas designing warehouse racking layouts, material flows, and processes in addition to managing the warehousing facilities. PWC Logistics will also provide and manage the distribution transport to its retail outlets and customers.

NMC operates over 300 pharmacies and sells to more than 1000 other pharmacies throughout Saudi Arabia, and is planning further significant expansion. Current product volumes, including medicines, cosmetics, medical equipment and other personal care items, exceed 30,000 tons per year.

Mr. Rod Lancaster, Country Manager PWC Logistics (Saudi Arabia), said:

"By outsourcing their logistics, NMC will lower their supply chain costs and be able to focus more on their merchandising and servicing their customers which are their core competencies."

Mr. Talal Bin Ali, NMC Vice President added, ''This partnership with a leading logistics firm is part of our long-term strategy, and will help us maintain our status as the pioneers in community health in the Kingdom.''

Eng. Hani Ashqar, Western Region Area Manager, PWC Logistics added, "This type of outsourced logistics operation is unusual in Saudi Arabia but we believe it shows recognition by far-sighted Saudi Arabian companies of the inventory and efficiency savings that can be delivered by adopting world class supply chain management systems and expertise."

"We have in place a national and regional transportation conduit that links every single node. This enables our clients to effectively stage and move products nationally and regionally," he further commented.

Shihab Al-Amoudi, Country Marketing Manager, PWC Logistics said:

"We are planning many more initiatives related to our supply chain solutions that seek to bring value to both our local and international customers. This has been our philosophy from the start."