ED 49: May-June 2013
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30<br />
CO v E r st O r y<br />
We Move<br />
together<br />
Mr Koh Yang Kee has successfully handed over the reins<br />
of his company's leadership to his son | By James Tan<br />
the divide between the older generation and the young<br />
can sometimes be wide: both groups bear different<br />
opinions on the same subject and often have varying<br />
opinions and attitudes toward issues that matter.<br />
Transpose this to a business setting where each<br />
decision made can dictate the future path of a company, and<br />
a touchy – sometimes incendiary – situation may erupt. If left<br />
unattended to, this seemingly small spark may develop into a fullfledged<br />
wildfire, with devastating consequences.<br />
Mr Koh Yang Kee, founder of Yang Kee Logistics Pte Ltd, and<br />
his son Mr Ken Koh, Deputy Managing Director of Yang Kee<br />
Logistics Pte Ltd, have managed to successfully bridge this divide,<br />
transforming the 23-year-old company of modest beginnings to<br />
one of Singapore’s foremost end-to-end logistics and warehousing<br />
enterprises with a robust staff strength of 200 and backed by<br />
state-of-the-art facilities and business infrastructure.<br />
However, the metamorphosis was not an easy one. Beginning as<br />
a small transportation enterprise in 1990, Yang Kee was a small<br />
company with limited business functions. However, it had the<br />
potential to grow, to achieve more, to accomplish even more. Even<br />
if the elder Mr Koh was content with Yang Kee being just a trucking<br />
company, Ken, however, had far loftier dreams for his father’s<br />
enterprise.<br />
The transportation business was doing well enough to keep the<br />
company afloat and running, but the fast-moving business climate<br />
necessitated diversification of the company’s core business.<br />
Joining Yang Kee alongside his father in 2001, Ken brought with<br />
him experience from his stint at Hewlett-Packard as well as fresh<br />
perspective and renewed motivation to Mr Koh’s business.<br />
“I realised that in order to stay relevant and competitive, changes<br />
to the business model would be required,” Ken recounted, “The<br />
expansion into the provision of complementary logistics services<br />
was started, and subsequent events vindicated my decision.”<br />
Indeed, Yang Kee started to offer accompanying logistics services<br />
such as freight forwarding and warehousing in addition to the<br />
transportation function to complete the supply chain, giving<br />
customers an integrated and seamless logistics solution. Alas,<br />
in every endeavour, problems will inevitably abound, but Mr Koh<br />
and Ken worked side-by-side to familiarize themselves with the<br />
<strong>May</strong> | Ju n <strong>2013</strong><br />
En t r E p r E n E u r s’ Di g E s t