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YCH Indonesia Signs MoU with Pangan Lestari for Integrated Cold Chain Supply Management

On 26 May 2016 at the “Business Mission to Surabaya” seminar organised by Singapore Business Federation, YCH Indonesia signed a MoU with PT Pangan Lestari, one of the largest Indonesian importers and distributors of food products under temperature-controlled management at Singapore. Both parties will jointly develop integrated cold chain supply management to facilitate retail catering.

Under the MoU, both companies will jointly develop integrated cold chain supply management to facilitate retail, catering and distribution fulfillment. This will be done through the development, expansion and use of existing facilities of both companies, as well as the development of identified sites in appointed markets in Indonesia.

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This MOU highlights YCH’s commitment to helping local SMEs explore business and manufacturing opportunities in Indonesia. YCH will collaborate with Pangan Lestari in three key areas:

a) Conduct a feasibility study to help Singapore SMEs explore new markets in Indonesia in locations such as Jakarta, Surabaya, Bali, Semarang, Yogyakarta and Bandung

b) Offer SMEs supply chain management services including cold chain, warehouse management, freight forwarding, retail,  catering, and transportation for products such chilled and frozen food (poultry, meat, seafood and fast moving edible consumer goods) 

c) Identify, discuss and possibly undertake joint marketing activities offered to potential Indonesian customers, with a focus on Quick Service Restaurants (QSR) and services for import of raw materials

Senior Minister of State, Ministry of Culture, Community and Youth & Ministry of Finance, Ms Sim Ann leading the mission comprising over 20 business representatives across business services, environment services, financial and manufacturing sectors was present to witness the signing and presented a token of appreciation to Mr. Roland Yap, President Director of YCH Indonesia.

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Said Mr Yap, “This collaboration will pave a way for Singapore SMEs to expand beyond the home market. Indonesia is South-East Asia’s largest economy, boasting strong opportunities in trade and investment, particularly with the cold chain, logistics and supply chain sectors. YCH’s expertise in innovative supply chain management will complement Pangan Lestari’s capabilities in cold chain management.”

Said Iwi Sumbada, Director of PT Pangan Lestari, “As the cold chain industry expands in Indonesia, having a reliable partner who is a leader in Asia’s supply chain market will greatly enhance our competitive advantage. We look forward to jointly develop an even greater cold chain supply management in Indonesia.”

 
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  image1 The YCH60 logo is formed by the number ‘6’ and shi ‘十’, ten in Chinese, making up sixty, signifying six decades of supply chain excellence. The shadow of the combination represents the Chinese character sheng ‘升’ or RISE, YCH’s corporate philosophy.  The combination also resembles ye ‘叶’, the first character of our Chinese company name ‘叶水福’.  
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