Kintetsu Express (KWE) announced on October 21 that it has expanded its partnership with Siemens Healthcare Ltd. Magnet Technology, a UK-based subsidiary of Siemens Healthineers, in order to strengthen its European operations.
<Collaboration with Siemens Healthcare Ltd. Magnet Technology>
The initiative aims to streamline procurement operations and optimize the global supply chain. Furthermore, the collaboration will expand Siemens Healthcare Ltd. Magnet Technology's procurement activities from Asian countries and contribute to accelerating KWE's international business development.
Through this partnership, Siemens Healthcare Ltd. Magnet Technology will leverage KWE's global network and logistics expertise to facilitate procurement from suppliers in the Asian region. The project is expected to involve the shipment of 200-300 containers of high-precision medical device components to the UK market annually.
Furthermore, KWE plays a crucial role in coordinating with suppliers and ensuring quality, working closely with Siemens Healthcare Ltd. Magnet Technology's strategic procurement team to prepare for the initial shipment scheduled for December 2025.
Furthermore, KWE is strengthening its European operations, particularly its UK base, and expanding its procurement support system in Asia. To accommodate a long-term maritime transport project for Siemens Healthcare Ltd. Magnet Technology, KWE is developing a maritime transport system, including collaboration with suppliers.
Furthermore, KWE has proposed holding regular business review meetings with Siemens Healthcare Ltd. Magnet Technology, with the aim of continuously deepening the collaboration between the two companies.
