GENCO, A FedEx Company, announced an expansion of its network with the introduction of a multi-tenant warehousing solution to continue to meet the evolving needs of healthcare customers in the U.S. and Canada. With the expansion, GENCO offers small and medium-sized manufacturers top-tier supply chain solutions traditionally used by only large-scale customers in dedicated facilities.
The multi-tenant healthcare solution builds upon GENCO’s track record of innovation, thought leadership and operational excellence within the healthcare industry. Currently available in the U.S. and Canada, this solution allows multiple manufacturers to operate alongside each other in one warehouse—while utilizing a designated space equipped with a shared technology platform.
The solution benefits customers by increasing access to flexible cost structures, rapid scalability and the GENCO and FedEx service portfolios. Particularly valuable for healthcare manufacturers, the multi-tenant approach helps manage regulatory compliance and alleviates fixed operating costs.
“Due to increasing margin pressures within the healthcare industry, manufacturers of medical devices, diagnostic testing and pharmaceuticals are hyper-focused on streamlining their supply chain and enhancing overall efficiency in order to stay competitive,” says Kevin J. McPherson, Vice President of Healthcare at GENCO. “We can better help healthcare customers, of all sizes, with their logistics challenges by offering this more flexible solution. It allows our customers to focus less on their supply chain and more on developing innovative products and services that improve the cost, quality and availability of patient care.”
