- Company also awarded Best IT/Electronics Logistics Service Provider in the region for the second time at the 2008 Frost & Sullivan ASEAN Transportation & Logistics Awards
Singapore, 03 June 2008 � Leading Singapore-based logistics and supply chain management company YCH Group today clinched two awards at the 2008 Frost & Sullivan ASEAN Transportation & Logistics Awards for the second consecutive year. The company was awarded the �Best Domestic Logistics Service Provider (Singapore)� and �Best IT/Electronics Logistics Service Provider (Singapore)� accolades. The awards recognise and honour the best logistics service providers within various segments in countries such as Indonesia, Malaysia, Singapore and Thailand, as well as the best local logistics service provider in each country.
�The awards are strong acknowledgments of YCH�s continued commitment to providing our customers with innovative end-to-end supply chain management solutions in enabling powerful competitive advantages. Winning these awards for the second consecutive time is a positive endorsement which will spur us to raise the bar and set standards as we become the leading integrated end-to-end supply chain management solutions provider in Asia Pacific,� said Dr. Robert Yap, Chairman and CEO, YCH Group.
The Frost & Sullivan ASEAN Transportation & Logistics Awards is held annually to recognise outstanding performance by companies in the transportation and logistics industry in South East Asia. Benchmarked against the highest standards of measurement criteria, the recipients of these awards represent the best-in-class in South East Asia. Winners were selected based on customer ratings in a rigorous judging process conducted by a Frost & Sullivan analyst team.
�As the largest Singapore-based, privately owned supply chain management firm, YCH will continue to push the frontiers to help the local industry rise to the next level. We have raised the bar through initiatives such as our recent achievement of becoming the first SCM provider in the world to be accredited with the ISO28000 international SCM security standard,� said Ms Tan Bee Keow, Director, Singapore Operations, YCH Group.
�YCH will seek to achieve the same success in the 15 countries in the region where we currently operate. We are committed to helping our customers seamlessly connect the various stages of their supply chains, as we strive to become the preferred integrated supply chain management solutions provider to world-class companies across Asia Pacific.�
YCH currently has presence in 15 countries in the region. The company recently announced the launch of its five hectare RFID-enabled Shanghai Lingang Logistics Park, which will be fully operational in 2009. This is the company�s third major investment in Shanghai, in addition to its comprehensive logistics network in Shanghai to support the growing requirements of its world-class customers as they scale and expand their manufacturing capabilities in the region. Upcoming investments include development plans in the Cao He Jing Export Processing Zone (EPZ), which will serve as YCH�s Headquarters for North 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, Flextronics, Canon, Ciba Specialty Chemicals, Dystar, Solutia, Moet-Hennessy and Frisian Foods. YCH Group�s suite of innovative award-winning end-to-end supply chain management solutions 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, Korea, Japan and Vietnam.
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. Besides being the past winner for the National IT Award and National Training Award, it is also a winner at the Second Annual Intelligent20 Awards by Intelligent Enterprise Asia, the IT Leaders Award by SCS, as well as the Asia Logistics Hall of Fame Award by Lloyd�s FTB. Other than receiving the National Training Award and Corporate HR Award, YCH is also ISO 9002, EMS 14001, OHSAS 18001 certified and a member of the Singapore Quality Class. YCH won the prestigious Singapore National Infocomm Awards in October 2004 and attained the highly-regarded Singapore Innovation Class in October 2005. More recently, YCH was also awarded the highly-regarded Frost & Sullivan ASEAN 4 Logistics Awards for being Singapore�s Best Domestic LSP and Best IT/Electronics LSP, and conferred the Asian 3PL of the Year award by Supply Chain Asia in 2007. As a forerunner in worldwide supply chain security, YCH is also the first recipient of the ISO 28000: 2007 certification for excellent security management in the global SCM industry. More information on YCH is available on http://www.ych.com
YCH Corporate Communications