Bonded Warehouse Program (Public) Working Committee Meeting

Phee Central (PCL), a member of the Phee Group of Companies, hosted another round of bonded warehouse working committee discussion on 25th July 2020 at its Logistics Centre in Yangon. The meeting was led by U Nay Lin Aung, Director & his team of senior officers from the Custom Department. PCL was represented by Group General Manager, Mr Collin LIM, Logistics Group Head of Business Development, Mr Jonathan Chih and Bonded Warehouse Program project members from the Phee Group. The meeting was another follow-up discussion on the Bonded Warehouse Program SOP and PCL WMS system. As the potential pilot site for the first Bonded Warehouse Program (Public) in Myanmar, both parties are committed to design a SOP and Management System that is able to control and track the movement of bonded goods in/out of PCL facility. Bonded Warehouse operations will enhance greatly the productivity and cash flows management for the inventory storage of spare parts logistics, raw materials for exported oriented manufacturing and vendors managed inventory (VMI) for high value, high tech sectors.