Menlo Worldwide Logistics, the global logistics subsidiary of Con-way Inc., announced that it has launched a warehouse management and domestic distribution solution for MMD at its Singapore multiclient facility. Menlo is managing more than 25 SKUs for MMD, a wholly owned company of TPV Technology, the world’s largest LCD monitor manufacturer.
The operation is located within Menlo’s 84,000-square-foot multiclient warehouse and serves as MMD’s Singapore domestic distribution center. In addition to warehouse management, Menlo will oversee customs clearance at Singapore Seaport and transportation to the warehouse where the inventory will be received. Menlo will provide value-added services such as serial number scanning, power cord replacement and product returns.
“As a new company in the competitive consumer electronics marketplace, our goal is to remain focused on our core competency – distribution, marketing and sales of LCD monitors,” says Benjamin Wong, MMD director. “We have ambitious growth goals for Asia-Pacific, and Menlo has the global expertise, simplified processes and local market presence to help us achieve them. With Menlo, we gain peace of mind.”
MMD is a wholly owned company of TPV Technology established in 2009 through a brand license agreement with Philips to exclusively market and sell Philips-branded LCD displays worldwide. It is a company of 300 people focused on product creation, marketing, distribution and sales. MMD has offices in Taiwan, China, Singapore, Netherlands, Czech Republic and Brazil.
“With MMD’s growth goals, it was important to have a logistics provider that could deliver superior execution, while serving as an extension of their Singapore-based team,” says Peter Baumann, Menlo Worldwide Logistics South Asia Region director of international sales and solutions. “MMD will benefit from Menlo’s IT capabilities and consumer retail experience that enable rapid deployment to support MMD’s goals to improve turnaround time to market. In addition, we’ll be working with them to apply lean principles throughout their supply chain in an effort to drive efficiencies, growth and profitability.”