YCH emerges as Top Winner of IDC-Enterprise Innovation Awards

Jul 30, 2010 12:00:00 AM

YCH emerges as Top Winner of IDC-Enterprise Innovation Awards

Singapore, 30 July 2010 - Leading Singapore-based logistics and supply chain management (SCM) company YCH Group garnered another innovation award yesterday. Receiving the highest accolade at the IDC-Enterprise Innovation awards, YCH was recognized for its �SCM II � Project Cloud Hub� project, for resourcefully utilizing virtualisation and cloud computing to build flexible, cost-effective SCM applications that would transform the supply chain industry.

Held at the Shangri-La Hotel, Singapore, the IDC-Enterprise Innovation Awards recognizes Asia's top organizations in IT innovation, application and business excellence. In its fourth-year running, over 500 nominations were received for the award this year.

YCH and Resorts World Sentosa (RWS) emerged as the two top winners from a list of worthy award contenders including Neptune Orient Lines, Singapore Jurong Port, Singapore General Hospital, CPF Board Singapore and Energy Market Company, given its innovative approaches in leveraging emerging technologies and IT processes to rejuvenate, sustain and empower business growth.

At the ceremony, IDC Asia-Pacific managing director Eva Au lauded the group�s win, saying, �YCH has enabled its customers to work with hundreds of suppliers, facilitated direct shipments to help customers optimize the supply chain model, and more.�

IDC is the leading provider of data-driven research and analysis in the region, providing regional and local presence, knowledge, expertise and support in 14 countries throughout Asia/Pacific. The IDC Enterprise Innovation Awards seek to discover and extol innovative companies that show competency in using IT/technology in innovative ways to build a sustainable, competitive advantage for their business.

YCH�s Cloud Hub, which will ultimately be deployed across its entire Asia Pacific network, offers a comprehensive environment to enable seamless, end-to-end delivery of 3 key InfoComm Technology services � Infrastructure, Software and Systems to the business. More importantly, it allows for quicker and easier deployment models where software applications could be quickly provisioned when required, scaled up when demand increased, or torn down when no longer required. The winning project also forms the basis for developing YCH�s suite of new breed Smart Supply Chain Solutions, such as the Cold Chain C7 Engine and City Supply Chain project, which focus on real-time integration and business intelligence through automated and precision techniques such as RFID, temperature sensory devices and sophisticated data analysers.

A strong proponent of innovation, YCH is recognized for its 7PL� approach in seamlessly integrating supply chain strategy with execution to attain success in the SCM industry. YCH attained the highly-regarded Singapore Innovation Class in October 2005 and clinched the prestigious National Infocomm Award 2008 for its innovative RFID-enabled �High Performance Supply Chain Nerve Centre�. In March 2010, YCH made it to the apex of the CIO 100 Honoree List and was subsequently conferred Winner of the CIO Asia 2010 award by MIS Asia.

About YCH Group

Founded in 1955, YCH Group is the leading integrated end-to-end supply chain management and logistics partner to some of the world�s largest companies, including Dell, Motorola, Canon, ExxonMobil, B Braun, LVMH and Royal FrieslandCampina. YCH Group�s suite of innovative award-winning end-to-end supply chain management solutions - Intribution�, Intrabution�, Retrogistics�, Y-Merge� and V-Hub� - employ cutting edge web-technologies that are best-in-class across industry clusters from consumer and electronics to chemical and healthcare, to deliver powerful competitive advantages for customers. The Singapore-based company currently operates throughout Asia-Pacific, including Singapore, Malaysia, Thailand, Indonesia, Philippines, Hong Kong, Australia, China, India, Vietnam and Korea.

A strong proponent of innovation, YCH is recognized for its 7PL� approach in seamlessly integrating supply chain strategy with execution to attain success in the SCM industry. YCH attained the highly-regarded Singapore Innovation Class in October 2005 and was a consecutive winner of the highly-regarded Frost & Sullivan ASEAN 4 Logistics Awards for being Singapore�s Best Domestic LSP and Best IT/Electronics LSP two years in a row. As a forerunner in worldwide supply chain security, YCH is the first recipient of the ISO 28000: 2007 certification for excellent security management in the global SCM industry. Recently, YCH also clinched the prestigious National Infocomm Award 2008 for its RFID-enabled �High Performance Supply Chain Nerve Centre� and was conferred the �Asian 3PL of the Year� award by Supply Chain Asia in 2007, 2008 and 2009.


For media enquiries, please contact:
Ms Elizabeth Teo / Ms Gladys Wong at (65) 6417 2774 / 2 or Email corporate@ych.com



   
YCH CIO Mr. James Loo (left), receiving the award from IDC Asia-Pacific Chief Technology Advisor Dr. Patrick Chan (right).
 
YCH CIO Mr. James Loo presenting on the award-winning �SCM II � Project Cloud Hub� project, which resourcefully utilizes virtualisation and cloud computing to build flexible, cost-effective SCM applications.
 
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