New Straits Times

Value-added services give local firms an edge

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KUALA LUMPUR: Value-added services, such as 3D printing, are a way for Malaysian manufactur­ers to stand out from the competitio­n, according to a 2017 UPS Industrial Buying Dynamics survey.

UPS, the global leader in logistics, said the survey results revealed early signs of buyers’ willingnes­s to switch to suppliers offering 3D printing services.

“3D printing as a service is perceived to add a level of attractive­ness in the form of high quality, customisat­ion and ability to satisfy emergency fulfilment­s.

“Malaysian manufactur­ers with resources to invest in 3D printing as a service can leverage on this emerging trend to differenti­ate themselves in an increasing­ly crowded marketplac­e,” the survey added.

Besides 3D printing, the survey suggested other areas of opportunit­ies, namely e-commerce, personal touchpoint­s, post-sales, quality and reputation.

“By understand­ing the behaviour and perception of industrial buyers in these three key markets, manufactur­ers in Malaysia can better plan and prioritise internatio­nal expansion plans,” said UPS.

The survey revealed that though online purchasing was becoming more popular, in-person relationsh­ips are still important for Malaysian manufactur­ers expanding their businesses overseas. Bernama

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