JAPAN: Panasonic has moved its refrigeration compressor business headquarters to Singapore.
The Japanese manufacturer’s Refrigeration Compressor Business Unit (RCBU) was established in 1972, manufacturing inverter compressors for fridges, water coolers and vending machines.
The company says the decision to relocate from Kusatsu City, Shiga, Japan, to the heart of Asia, will allow it to more effectively meet growing customer demands in the Asian markets as well as to build a locally-based management structure for real-time decision making.
The relocated RCBU headquarters will be situated within Panasonic Appliances Refrigeration Devices Singapore (PAPRDSG). This newly established RCBU headquarters will bring together other business functions in R&D, sales and marketing, human resource, accounting, corporate planning, business management, manufacturing innovation, quality innovation, and procurement. Development functions for mass production, which are mostly handled in Japan, will also be shifted to Singapore.
The new headquarters will cater to all the manufacturing sites in Asia, namely Singapore, Malaysia, China and Japan. The current factory is expected to be fully revamped with smart manufacturing processes over the next five years. This will include the introduction of automated guided vehicles, optimised supply routes, the establishment of centralised storage, implementation of big data and automation.