MEDIA RELEASE PR37169
MFG.com Offers Malaysia Manufacturers New Capabilities to Quote Selected Business Opportunities
Worldwide -- Average daily online sourcing projects from North America, Europe valued at US$390
million
BANGKOK, Nov. 19 /PRNewswire-Asia-AsiaNet/ --
Representatives from MFG.com, the largest global sourcing marketplace for manufacturers, today are meeting
face to face here with many Malaysia manufacturers at the Metalex 09 trade show. MFG.com will take this
opportunity to demonstrate how suppliers and buyers around the world are using the Internet to efficiently
connect, collaborate and conduct business.
MFG.com's new global platform currently has business opportunities (request for quotes) valued at about
US$390 million in Oct. Malaysia manufacturers of custom parts that require machining, casting, stamping,
fabrication, forging and more than 300 other manufacturing process categories can use MFG.com to quote for
opportunities and collaborate with prospects that match their expertise. MFG.com's platform also enables
business between suppliers and buyers of custom apparel and textiles worldwide.
"We've already enabled new business in Southeast Asia, especially in Malaysia, as evidenced by our
successful suppliers in the country. We're seeing even more sourcing opportunities in this area," said James
Jin, general manager of MFG.com's Asia Pacific operations.
Coraza Systems Malaysia, established in 2001, is a manufacturer of high precision sheet metal fabrication
and assembly works. Their specialty ranges from initial product concept and design, through manufacturing
prototypes to complete production, assembly and integration. Coraza Systems, a member of MFG.com, said:
"MFG.com is a great tool for finding new customers. They have opened up opportunities for us to meet
customers all over the world online. On top of that, we have met potential customers face to face to further
discuss mutually beneficial business partnerships. With proper usage of these tools, we trust that it can
promote the business and promote the member company to our designated customers."
Biochem Industries, which specializes in CNC turning and milling, has been able to grow its business
significantly using MFG.com. Mr. Khoo, the owner of Biochem Industries, describes that most of the orders he
received are repeat offline orders from U.S. buyers. Mr. Khoo explains: "We have manufactured and shipped
nearly all the awarded jobs from MFG.com. Most buyers are from the U.S. They are trustworthy and pay on
time. MFG.com has proved to be an invaluable tool for us to expand our presence on a worldwide basis."
Online sourcing is a growing trend for buyers targeting an efficient sourcing process and worldwide supply
chain. For suppliers, it's a proven way to cultivate overseas business. Earlier this week, MFG.com
announced significant improvements to its online marketplace that are designed to create additional
competitive advantages for MFG.com's more than 200,000 members. The MFG.com marketplace intelligently
connects buyers with suppliers that have the right expertise, capacity and credentials at the right time,
resulting in products that can be brought to market faster and at higher levels of quality and profitability.
MFG.com's online approach to sourcing was pioneered 10 years ago. Unlike traditional sourcing options --
such as directories and calling on past suppliers -- MFG.com's platform combines real-time, one-to-many
communications with sound sourcing and collaboration business logic. MFG.com can improve decision
making and quality management, as well as save time and money for both sides of the manufacturing
equation. And MFG.com's customer service team is available to answer questions and provide technical
support at anytime.
About MFG.com
MFG.com is the largest global sourcing marketplace for the manufacturing industry. MFG.com's platform
enables companies to intelligently connect, source, collaborate and perform due diligence with transparency
and intellectual property protection. It supports virtually all manufacturing process and industrial components,
is in seven major languages, more than 50 currencies and has more than 200,000 members on five
continents. MFG.com is based in Atlanta and has offices in Shanghai, Geneva, Paris and Munich. For more
Media Contacts:
Asia Pacific
Shirley Shen
Tel: +86-21-3203-9588 x6210
Mobile: +86-138-1807-0703
Email: shirleyshen@mfg.com
North America
John Q. Pope
Tel: +1-678-384-6371
Email: jpope@mfg.com
SOURCE: MFG.com
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