SOURCE: Menlo Worldwide Logistics

Menlo Worldwide Logistics

March 09, 2010 16:30 ET

Menlo Worldwide Logistics Singapore Adds MMD as New Consumer Electronics Customer

Company Providing Warehouse Management and Singapore Domestic Distribution Solution

SAN MATEO, CA and SINGAPORE--(Marketwire - March 9, 2010) -  Menlo Worldwide Logistics, the global logistics subsidiary of Con-way Inc. (NYSE: CNW), today announced that it has launched a warehouse management and domestic distribution solution for MMD at its Singapore multi-client facility. Menlo is managing more than 25 SKUs for MMD, a wholly owned company of TPV Technology Limited (SEHK: 00903) (SGX: TPV), the world's largest LCD monitor manufacturer.

The operation is located within Menlo's 7,800-square-meter (84,000-square-foot) multi-client 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 also 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," said Benjamin Wong, director, MMD. "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 Limited 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 world-class 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," said Peter Baumann, director of international sales and solutions, Menlo Worldwide Logistics South Asia Region. "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."

Menlo's multi-client warehouse management solution offers flexibility in contract commitment length, the ability to share existing IT platforms, an experienced management and labor infrastructure, requisite equipment and assets, and a more extensive geographic network of pre-configured warehouse operations.

In addition to six locations in Singapore, Menlo has multi-client facilities in the United States, Canada, Mexico, Europe and 11 additional locations in Asia-Pacific, including Hong Kong, Shanghai Waigaoqiao, Shanghai, Beijing, Chengdu, Shenzhen and Wuhan, China; Bangkok, Thailand; Mumbai and New Delhi, India; and Sydney, Australia. All of the company's facilities worldwide operate under the lean principles of continuous improvement and reduction of waste.

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Menlo Worldwide Logistics images are available at www.con-way.com/en/about_con_way/newsroom.

About Menlo Worldwide Logistics
Menlo Worldwide Logistics, LLC, is a US$1.4 billion global provider of logistics, transportation management and supply chain services with operations in five continents, including North America. As a third-party logistics provider, San Mateo, Calif.-based Menlo Worldwide Logistics' services range from dedicated contract logistics to warehouse and distribution management, transportation management, supply chain reengineering and other value-added services including packaging, kitting, order fulfillment and light assembly through a strategic network of multi-client and dedicated facilities. With more than 16 million square feet of dedicated warehouse space in North America, the Asia Pacific, Europe and Latin America, and industry-leading technologies, Menlo Worldwide Logistics creates effective, integrated solutions for the transportation and distribution needs of leading businesses around the world.

Menlo Worldwide Logistics, LLC, is a subsidiary of Con-way Inc. (NYSE: CNW), a $4.3 billion freight transportation and logistics company. For more information, please visit us on the Web at www.con-way.com.

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