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News
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CCD
Monday, March 27, 2006 |
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CTSI Logistics Philippines signed a contract with COSWAY Philippines last February 1, 2006 for three years. Operations began last February 4.
COSWAY is a multi-level marketing (MLM) company engaged in the selling and distribution of various products. Their products are divided into two categories: 1) consumer and personal care (women’s underwear, soaps, health supplements etc.) and 2) cosmetics. Having begun operations in 1979, COSWAY has grown to become one of Asia's largest Network Marketing companies.
Presently, CTSI Philippines is managing 500 to 600 pallets per month for COSWAY and is handling the delivery for its Visayas-Mindanao market. “Soon we will handle the distribution for Luzon and the greater Metro Manila area market,” said Gerry Inandan, CTSI Philippines Business Development manager.
One of the value-added services that CTSI Logistics is offering to COSWAY is the utilization of its ICSLite System for the management of its inventory.
“Part of the agreement with COSWAY is to absorb five of their trusted employees to shorten the learning curve and to kick off the project immediately,” informed Inandan. “They foresee their business to grow by as much as 40% starting June in line with new products they will be launching this summer.”
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