GEODIS Supports Rising Medical Company LabMed To Supply Health Protection Goods to Europe And North America

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SINGAPORE
– Media OutReach – 28 May 2020
 The Singapore based enterprise LabMed has entrusted
global logistics company GEODIS to support the company’s growing activity in
new markets by delivering urgently needed PPEs from Asia to the COVID-19
‘hot-spots’ of Europe and North America.

 

GEODIS Supports Rising Medical Company LabMed To Supply Health Protection Goods to Europe And North America


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GEODIS is providing LabMed with customs brokerage, short-term
storage solutions and transport management services from LabMed’s
factory in China via a distribution hub in Singapore to a wide array of
international destinations including India, Malaysia, Germany and the United
States.

 

“In terms of fulfilling our multi-faceted needs, GEODIS has been
well up to the task,” says Wilson Ang, LabMed’s Regional Managing Director in
Singapore. “The close attention and efficiency of the GEODIS staff has been impressive,
from the local service in China to the performance at our many destinations.”

 

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The partnership between LabMed, a
family owned subsidiary of Kin Seng Hong Pte, and GEODIS began in early May
2020, with the immediate need to swiftly react to fast-changing market demands
and devising flexible end-to-end supply chain solutions. LabMed has been called
upon to significantly increase its production of surgical masks, sanitising gel
and other PPE at its own plant in Dong Guan, Southern China. From initial small
shipments of 10 tons of sanitizer to India to bulk supplies of millions of
masks to Germany, LabMed’s pipeline of PPE has grown rapidly to include other
parts of South-East Asia, Europe, Latin America and the United States.

 

“In Asia-Pacific, GEODIS has a
strong focus on enabling Asian based SME businesses to grow their markets”, comments
Rene Bach-Larsen, GEODIS’ Sub-Regional Managing Director, ASEAN. “While GEODIS is
a trusted partner to global multinationals, we also function as the lifeblood
of regional economies through the services we provide.”

 

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“During the current pandemic, we
are even more intimately involved in the business of local customers who
partner with us. As an essential service, we continue to fast-track their
growth, using for instance, specially arranged weekly scheduled flights to many
destinations and locating the necessary carrier capacity, whatever the mode.
Our GEODIS colleagues at delivery locations around the world enable a truly
door-to-door service for vital supplies to reach frontline workers and protect
many more.”

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The current crisis has required innovative
responses from logistics professionals to achieve their customer’s delivery
goals. Unprecedented demand peaks on certain trade routes, widely variable
carrier capacity across transport modes, critical time constraints, staffing
issues and communications challenges have blighted almost all international
supply chains.  In providing such
response, the application of ingenuity and tailored solutions benefit greatly
from the ability of supply chain management to be controlled by one
entity. 

About GEODIS

GEODIS is a worldwide leader in
transport and logistics, recognized for its commitment to helping its customers
overcome their logistical constraints. With five lines of business (Supply
Chain Optimization, Freight Forwarding, Contract Logistics, Distribution &
Express and Road Transport), a direct presence in 67 countries and a global
network spanning 120 countries, GEODIS is ranked first in France, sixth in
Europe and seventh worldwide in its field. In 2019, GEODIS had more than 41,000
employees and generated €8.2 billion in sales.

Website: https://geodis.com/

About LabMed

Label Med Pte Ltd, a subsidiary of Kin Seng Hong that was
established since 1977. As set up by Wilson Ang and Jason Tan, LabMed is a
company specialized in manufacturing disposable civil mask, medical mask,
surgical mask, KN95-FFP2 mask and other medical instruments. Strategically
located in Singapore with an access to a wide distribution network both locally
and globally. We are a strong connection in exporting our products to all over
the world focusing on United states, France, Germany and United Kingdom.

The company has cooperated with many local well-known
medical device companies, MNCs as well as government entities to provide new
and old customers with procurement services for medical supplies such as
medical masks, protective suit, rubber gloves, goggles, thermometer,
disinfectant, hand lotion, mask production equipment as well as nasal swab test
kit for Covid-19.

Website: https://thelabmed.com/

GEODIS Supports Rising Medical Company LabMed To Supply Health Protection Goods to Europe And North America

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GEODIS Supports Rising Medical Company LabMed To Supply Health Protection Goods to Europe And North America - Brand SpurGEODIS Supports Rising Medical Company LabMed To Supply Health Protection Goods to Europe And North America - Brand Spur

Latest News

New entrant AECO Energy launches business innovation to deliver ‘last mile of value chain’ to Singapore’s maturing open electricity market

  • AECO Energy announces the launch of its operations in Singapore to provide innovation to the open electricity market for businesses with generation 2.0 of its technology and service offerings.
  • The company will introduce three solutions as part of its initial portfolio, customisable to specific business needs.
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SINGAPORE - Media OutReach - 13 April 2021 - AECO Energy, a new entrant to Singapore's electricity sector, has today announced the launch of its operations. AECO Energy will be the first-of-its kind energy technology and services company aimed at innovating customer-centric offerings in electricity and renewable energy markets.

With over 12 years of experience in delivering open market electricity services and solutions to businesses in Australia under the Power Choice brand, AECO Energy is bringing its second generation of services and technology to Singapore for the first time. AECO's second generation delivers on two major offerings.

Firstly, AECO delivers the 'last mile' of value in Singapore Open Electricity Market (OEM) value chain by providing innovative services to assist businesses to manage, plan and make better buying decisions.

AECO is all about enabling increased profits for businesses. AECO has a customer-centric mission to use its low-cost proven technology and expert-led services to enable better business decisions within a complex electricity market with multiple providers and opaque medium- to long-term pricing information. This comes against the backdrop of Singapore's maturing OEM, which gives businesses and consumers the autonomy to buy and choose their electricity providers - the freedom to choose.

AECO Energy's technology platform, MarketPro™ with its unique, electricity futures market simulator Rate Watch™, delivers business and electricity efficiency and empowers businesses through relevant and timely pricing information, while also helping Singapore businesses make better buying decisions via automated tenders and reverse auctions. Moreover, for businesses who do not have the capability and capacity to manage and purchase its own electricity, AECO Energy Portfolio™ delivers scalable buying power with a fully-managed contract management and purchasing aggregation service for small, medium and large businesses.

Alan Jones, CEO, Chairman & Founder, AECO Energy, said: "We are incredibly excited and humbled to be joining Singapore's dynamic energy scene with our low-cost, high-value products and services. Our mission is clear: just like Amazon is revolutionising the 'last mile' of product supply chains with its same day delivery, we are also delivering the 'last mile' of the value chain in Singapore's OEM that enables more businesses better purchasing decisions, more business profitability and growing all of Singapore's economy."

Secondly, with SGX-listed entities, enterprises and multinational corporations (MNCs)' increasing emphasis on sustainability, AECO (through its SustainPro™ offering) will bring for the first-time in Singapore the benefit of AECO's direct relationship with generators of International Renewable Certificates (I-REC). This enables Southeast Asian markets the benefit of medium- to long-term low-cost and structured REC solutions to meet renewable energy targets and sustainability goals. This translates to more profits by providing more predictable costs for businesses in meeting their sustainability and renewable energy goals.

"As a specialised company, unburdened with corporate overheads and distractions from Singapore's local market participants, we can offer companies who are based anywhere in Southeast Asia, sustainability and renewable energy solutions that span markets and countries at a lower and more predictable price. We are honoured to play our part to bring sustainability and increased renewable energy throughout the world and to do so while benefiting our customers' cost structures," continued Mr. Jones.

AECO Energy is introducing three offerings as part of its electricity management solutions:

  • MarketPro™: Businesses can optimise costs and seize market opportunities with exclusive access to customised market price information through AECO Energy's integrated online procurement and management platform equipped with Rate Watch™, a market simulation and automated procurement technology from as low as SGD $149 per month.
  • Portfolio™: Businesses get exclusive access to economies of scale with better buying power through professional and expert-managed energy procurement portfolios overseen by AECO Energy experts. This allows enterprises to focus on their core business while AECO Energy experts will fully-manage their electricity contracts and make better buying decisions on their behalf from as low as an additional SGD $74 per month.
  • SustainPro™: SustainPro focuses on helping businesses meet their sustainability goals at the lowest cost. AECO Energy offers lower costs on the procurement of Renewable Energy Certificates (RECs) and tailored REC supply solutions designed to meet transition needs towards a more sustainable business.

"With the understanding that business needs are unique for every organisation, our energy experts will work closely with customers here in Singapore to help them reduce costs, drive efficiency and make better buying decisions. By providing technology-enabled, insights-driven energy technology solutions, we want to create a profound impact on our customers' businesses to better position them for sustainable growth in the long-term," concluded Alan.


About AECO Energy:

Based in Singapore, the AECO Pacific Group owns and operates the Power Choice and AECO Energy brands. A leading pioneer for more than 12 years in electricity brokerage and consulting services in Asia Pacific focusing on deregulated electricity markets, AECO Pacific helps businesses with electricity procurement and management backed by market intelligence. Transforming and saving businesses more, AECO's combined experience in energy leadership and innovative technology solutions remain unmatched in dynamic and changing energy markets. For more information, visit https://powerchoice.com.au/ and https://aecoenergy.sg/.

GEODIS Supports Rising Medical Company LabMed To Supply Health Protection Goods to Europe And North America - Brand Spur
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