Y3 Technologies Signs MoU with Aerospace Digitnexus Information Technology (Shenzhen) and veriTAG to Boost Cross-Border e-commerce

December 19, 2017
Newsroom

Singapore, 18 December, 2017 –Y3 Technologies, Singapore’s supply chain and omni-channel solutions leader, has signed a Memorandum of Understanding (MoU) with Aerospace Digitnexus Information Technology (Shenzhen) Limited, a subsidiary of China Aerospace International Holdings, and veriTAG, a Singapore cloud-tagging solutions provider to advance the developments in the Belt and Road cross border e-commerce by establishing an ASEAN-China supply chain system to fulfill cross-border e-commerce deliveries.[vc_empty_space height=”24″ image_repeat=”no-repeat”][vc_column_text]The tripartite agreement, which was witnessed by the Info-communications Media Development Authority (IMDA) and International Enterprise (IE) Singapore will see the three entities consolidate their expertise and resources to work towards establishing the following:[/vc_column_text][vc_empty_space height=”24″ image_repeat=”no-repeat”][vc_column_text]- A Belt and Road cross-border e-commerce logistics platform with cargo tracking and big data analytics capabilities.[/vc_column_text][vc_empty_space height=”8″ image_repeat=”no-repeat”][vc_column_text]- Develop Southern China ports into the best clearance points for ASEAN companies to export into Southern China.[/vc_column_text][vc_empty_space height=”8″ image_repeat=”no-repeat”][vc_column_text]- Provide Singapore Authorised Economic Operator (AEO) partners with an exclusive ‘green lane’ channel for fast and secure trade lanes.[/vc_column_text][vc_empty_space height=”8″ image_repeat=”no-repeat”][vc_column_text]- Collaborate in the area big data analytics, product traceability, tracking, forgery prevention and authenticity.[/vc_column_text][vc_empty_space height=”8″ image_repeat=”no-repeat”][vc_column_text]- Explore the potential of using blockchain and related technologies to provide trade finance and supply chain finance related services.[/vc_column_text][vc_empty_space height=”24″ image_repeat=”no-repeat”][vc_column_text]“We are looking forward to this new strategic partnership with Aerospace Digitnexus Information Technology (Shenzhen) and veriTAG to establish an exclusive channel for Singapore and possibly even ASEAN products to be exported to China through a single platform. The success of this tripartite agreement will result in manufacturers no longer having to deal with the complexities when exporting their products to China. We remain committed to providing our technological expertise to smoothen cross-border transactions and increase trade financing possibilities associated with the Belt and Road Initiative (BRI)” said, Marc Dragon, CEO of Y3 Technologies.[/vc_column_text][vc_empty_space height=”24″ image_repeat=”no-repeat”][vc_column_text]Liu Weixiong, CEO of Digitnexus said, “As a company based in Shenzhen, we are excited to be part of this MoU agreement that will further strengthen our city’s position as one of the leading global logistics hubs in Asia. We are confident that our expertise in the Internet of Things (IoT) as well as our specialisation in intelligent warehouse automation technologies and port/customs operations will play an integral role in creating seamless end-to-end cross-border e-commerce flows between Southern China and Singapore”.[/vc_column_text][vc_empty_space height=”24″ image_repeat=”no-repeat”][vc_column_text]Jason Lim, CEO of veriTAG said, “The BRI offers a golden opportunity for companies in China and ASEAN to cultivate international cooperation and shared economic advancement. We look forward to working with Y3 Technologies and Aerospace Digitnexus Information Technology (Shenzhen) as part of the BRI’s build-out by offering our cloud-tagging solutions that provides the highest levels of security and safety in exports and imports”.[/vc_column_text][vc_empty_space height=”24″ image_repeat=”no-repeat”][vc_column_text]The partnership agreement combines the respective capabilities of all three parties to create an exclusive channel and single platform that will address regulatory, customs and compliance requirements in relation to cross-border supply chain and logistics. This will result in an increase of ease in customs clearance and logistics arrangement, which will promote the rapid development of the BRI in China and ASEAN.[/vc_column_text][vc_empty_space height=”34″ image_repeat=”no-repeat”][vc_column_text]

About Y3 Technologies

[/vc_column_text][vc_empty_space height=”34″ image_repeat=”no-repeat”][vc_column_text]Founded in 1981, Y3 Technologies is a Singapore-based software solutions provider that has since established a strong track record and is steadily expanding its global market presence. Y3 offers a full suite of end-to-end supply chain products and services to clients.[/vc_column_text][vc_empty_space height=”34″ image_repeat=”no-repeat”][vc_column_text]Its base of satisfied enterprise clients attest to the commitment of Y3 Technologies to deliver effective collaborative solutions for businesses by embedding leading edge technologies and capitalizing on cross-industry best practices in business solutions. Y3’s strength lies in developing advance collaborative integrated management solutions in the supply chain industry by applying best practices with the aim of eliminating inefficiencies with good visibility on a common platform for all working partners. With a forward looking vision and continual push in technologies and process, Y3 is now looking into extending its growth road map to enable intelligence-based software.[/vc_column_text][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” box_shadow_on_row=”no”][vc_column][/vc_column][/vc_row]

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Santosh Kumar

Santosh Kumar is our Head of IT Operations at Y3 Technologies Pte Ltd, who has been an invaluable part of our Y3 family for over two decades. Santosh's journey with us began in 2003 when he joined as a software consultant. Since then, he has donned multiple roles, each contributing significantly to the successful delivery of projects and the effective management of our IT operations.

Santosh brings with him a wealth of experience and expertise, having previously worked in the logistics industry. His unique blend of industry knowledge and technical prowess has been instrumental in our ongoing success. With a Master's Degree in Computer Science, Santosh possesses the qualifications and insight that have made him a true trailblazer in our field.

Passionate about implementing best practices and delivering services of the highest quality, Santosh Kumar is more than a professional; he is a driving force behind our commitment to excellence. His dedication to our company's mission and values has not only shaped our approach to IT operations but has also set the standard for innovation and customer satisfaction. In his role as Deputy Head of IT Operations, Santosh continues to lead by example, inspiring our team to reach new heights. His unwavering commitment to quality service delivery is a source of inspiration for all who have the privilege of working alongside him.

Navin Bhatnagar

As Y3 CEO, Navin is responsible for the company’s overall strategy, driving revenue growth through Y3’s cutting edge omni-channel supply chain solutions and services and ensure that the company is delivering value to its customers. He will work closely with the executive team to implement the company’s vision and mission and ensures that the company achieves its goal of becoming Asia Pacific’s leading supply chain, logistics and omni-channel e-commerce technology provider.

Navin brings with him over 25 years of experience in information technology, with extensive knowledge of the logistics and supply chain industry and government sector. Prior to joining Y3, Navin was the Senior Director and APAC Regional Head of DSV Global Transport & Logistics. He had spearheaded digitisation initiatives, explored new technologies, and innovatively automated business services to drive operational excellence.

In an earlier role, he was the Senior Director, APAC Regional Head – IT Service Management and Information Security Management in DHL Global Forwarding & Freight, spending substantial time overseeing successful implementations of business applications and all related IT solutions across countries in DHL. He has spent few years in DHL Supply Chain, supporting Regional IT Programs previously. Navin holds an MBA from the University of Queensland, Australia, and a Master’s Degree in Computer Applications. He is SAFe 6.0 agilist and holds several memberships in well-acclaimed institutes, which include the Singapore Computer Society, Scaled Agile Inc., Scrum Alliance, and DevOps Institute.

Anandhan Subramanian

Anandhan is Y3’s Deputy Head and has been part of Y3 for over 20 years.

As one of Y3’s prized loyal employee, he joined the company in April 1996 as a graduate officer. Prior to his current role, he led the Product Development and Quality Assurance Department.

Anandhan is passionate about enabling best practices and enhancing customer experience in service delivery while maintaining a strong continuous improvement in his team’s culture and mindset.

Jeffrey Tan

Jeffrey is a seasoned business professional with an impressive track record of driving revenue growth and leading high-performing sales teams. With over 20 years’ in business and sales, he has established himself as a dynamic and results-oriented leader known for his strategic vision and commitment to excellence.

As the Head of Sales at Y3, Jeffrey is responsible for overseeing a diverse team of presales consultants and sales professionals, shaping the company's sales strategy, and ensuring consistent revenue generation. He has the ability to identify emerging market trends and develop innovative strategies to capitalize on opportunities. His passion for staying at the forefront of supply chain and logistics technology industry changes has allowed him to guide the company through periods of growth and adaptation.

Throughout his career journey including his tenure with SAP and NCS, Jeffrey has been dedicated to mentorship and coaching. He firmly believes in the power of a customer-centric and motivated team to co-creating solutions that value-adds to organisations. His commitment to professional delivery has led to over-achievements in sales performance.

Jeffrey holds an MBA from the University of Adelaide, Australia, and an Honours Degree in Electrical and Electronic Engineering from National Technological University, Singapore. He is an avid volunteer who volunteers in social causes such as prison consulting and organisations that focus on inclusivity for the disabled such as Running Hour (2022 co-vice-chairman) and Singapore Association of Visually Handicap (2021 sub-committee).

Koh Lee Kiow

As Y3’s Head of Product Management, Lee Kiow leads a team of Project Managers and Technical Leaders in SCM’s Application Systems implementation across ASEAN, China, India and Australia for the following solution suites – WMS, TMS, FMS & Financial Service Engine, Route and Load Planning, Replenishment Module and Mobility Solution.

She boasts over 20 years of experience in SCM Software Design & Development and Project Implementation, 8 years of which were dedicated to application design of end-to-end SCM solution suite and 12 years to projects implementation for MNC customers across a range of industries.

During her stay at Y3, Lee Kiow was involved in a range of notable projects. She has implemented WMS and TMS systems for large scale FMCG client and an ASRS project with full integration to WMS. She has also implemented a Regional Part Merging project for Dell in Malaysia, Singapore and Thailand and was involved in multiple generation of IT Application System design.

Lee Kiow is also the IT Solutions designer for the Supply Chain City for YCH, which has integrated SCM with RFID & OCR technology and integration with Automated MHE (ASRS).

Dr. Yap Chih Nam

As Y3’s Head of Product Technology, Chih Nam is responsible for the planning and execution of Y3’s product strategy where he champions the adoption of Y3’s supply chain solutions and products by incorporating best-in-class technologies to meet the evolving needs of customers. Chih Nam boasts over 20 years of experience across 3 different countries namely the UK, China and Singapore where he has designed and implemented IT systems across Asset Management, Nuclear Plant Safety Analysis, Warehouse Management, Transport Management as well as RFID related systems across retail, nuclear and logistics sectors.

Since joining Y3 in 2007, he has held various Senior Executive Management roles in Research & Development and Service Support. Within Research & Development, Chih Nam led a team of over 30 software developers to drive requirements mapping and feature improvements across Y3’s WMS and TMS solutions. His involvement in Service Support enabled him to lead a team of over 50 managers, business analysts and senior staff across 10 APAC countries in support of over 150 customer accounts in the electronics, FMCG and healthcare sectors. Chih Nam also led Y3’s expansion into Greater China where he spearheaded the development of a range of flagship RFID and middleware products and has set up an “Internet of Things” Innovation Centre in Tianjin.

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