NST Business
KUALA LUMPUR: Dagang NeXchange Berhad (DNeX) has signed a partnership agreement with TIFFA EDI Services Co Ltd to offer 1Trade, a Web-based one-stop portal for total cargo and trade management services, in Thailand.
Under the agreement, DNeX will undertake the role of a technical partner while TIFFA EDI will implement business development of 1Trade for the logistics sector in that country.
DNeX executive director Datuk Patrick Wong said 1Trade’s capabilities in total cargo and trade management can help create cross border business opportunities for Thailand and other countries in Asean.
“1Trade captures data from multiple sources - from the initial stage of importers’ and exporters’ invoicing and packing list through the forwarding and shipping journey, regulatory and agency clearance and approval, and up to the delivery point.
“With this, customers can track and trace not only movement of goods but also electronic documents on these goods such as status of clearance from a single convenient point,” he said in a statement.
“1Trade also makes business and regulatory reporting easier, and is able to fast generate customised reports and statistics for either internal review or improved efficiency in audit,” he added.
1Trade is Malaysia’s first Web-based one-stop portal for total cargo and trade management, which was launched by DNeX in October.
Targeted at businesses in the Trade Facilitation and Logistics sector namely exporters and importers, and logistics service providers, 1Trade converges supply chain and cross border logistics processes to simplify cargo and trade management processes.