KUALA LUMPUR – Dagang NeXchange Bhd (DNeX) expects revenue from its newly launched product SealNet to grow by 300%.
SealNet is a digital trade and logistics platform that provides cloud-based logistics and cross-border services to ease trade processes.
Group managing director Tan Sri Syed Zainal Abidin Syed Mohamed Tahir said the product is expected to grow from strength to strength and contribute to DNeX’s profits.
“We are always competitive in the way we provide our services,” he told reporters after the virtual official launch of SealNet today.
Targeted at importers, exporters, manufacturers and trade-related businesses, SealNet empowers customers with its easy-to-use, real-time platform that can be accessed at any time and from anywhere.
Syed Zainal said companies are in need of the right solutions to the challenges arising from the complexity of supply chains in this day and age, and must address the impact of the Covid-19 pandemic.
“As such, we are excited to offer a digital trade and logistics platform that can address these challenges.
“With SealNet, we are also looking to address the pain points that have hindered efficiency and contributed to unnecessary costs in the industry. We are positioning SealNet as a global digital trade connector to ease regional and global trade processes.”
He said SealNet is intelligently set up to connect and digitalise components across global supply chains so as to enhance the efficacy of transport and trade facilitation mechanisms, improve the productivity of traders and the logistics industry, and provide a better electronic system for logistics and cross-border trade.
“With data transparency and integrity in place, as well as effective cost management and informed decision-making, you can then look to increased efficiency, and of course, higher returns.” – Bernama, July 27, 2021
