New hub: Ong (third from right), Nestle (Malaysia) Bhd CEO Alois Hofbauer (second from right) and Dr Batato (right) checking out the hub after its launch in Kuala Lumpur.
KUALA LUMPUR: Nestle SA has launched its global procurement hub in Kuala Lumpur, one of three worldwide, as the world’s largest packaged foods company seeks to strengthen its supply chain in the region.
The foodmaker is targeting to grow its globally-procured raw materials composition from 40% to 60%.
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