Genco adds two scalable warehouses for healthcare manufacturers

PITTSBURGH — Genco, a FedEx company, introduced Tuesday its multi-tenant warehouse solution in the U.S. and Canada aimed at meeting healthcare manufacturers’s evolving needs. The multi-tenant solution allows multiple manufacturers to operate alongside one another in a single warehouse, using a designated space with a shared technology platform. 

 

“Due to increasing margin pressures within the healthcare industry, manufacturers … are hyper-focused on streamlining their supply chain and enhancing overall efficiency in order to stay competitive,” Genco VP healthcare Kevin J. McPherson said. “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.”

 

The two new multi-tenant facilities are located in Memphis, Tenn. and Milton, Ontario, Canada. The Tennessee location has 1.1 million square feet of space and is located near the global FedEx Super Hub, and the Ontario location has 400,000 square feet with allocation close to the FedEx Express Canada Hub in Toronto’s Pearson International Airport. Genco said the facilities would be properly licensed to support kitting and relabeling activities. 

 

“In today’s healthcare environment of rapid change, manufacturers need a solution that allows their supply chain costs to adapt to changing business needs,” McPherson said. “At GENCO, we understand that our customers are faced with challenges to reduce costs, maintain flexibility and improve efficiency. We’re committed to advancing our solutions and keeping an open dialogue to help our customers deliver the best patient outcomes.”