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Human Capital Management

In: People

Submitted By rmc09011971
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| HUMAN CAPITAL MANAGEMENT | WAC on Real Life Approach on HCM | | Rommel M. Copon/ EMBA on Corporate Innovation | 3/27/2012 |

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Background
In the early 2000s, Joey Ibanez started a logistics and distribution business under XDE Logistics providing service contracting to telecoms, consumer and manufacturing industry. XDE is a partnership with his younger brother where they share equally the capitalization and management in running the business. Sidetracked by differences and disagreements brought about by several internal and external factors, Joey decided to take out his shares from the partnership.
Relying on his experience and network of suppliers, connections and associates, he close a contract deal to supply wooden pallets to a market industry leader in fiber cement manufacturing firm located in south of Manila. In 2005, the JTC Pallets Inc., which specialized in design, production and supply of full range of wooden pallets, was opened initially in a 1,500 sqm open lot in Sucat Paranaque. A few years later, JTC transferred to a larger 4,000 sqm plant in Laguna area which is closer to its client.
Formed in 2009, the JTC Pallets and Packaging Systems Inc. is a horizontal expansion of wooden pallet business. The scope of products and services is widened to offer a one stop shop to packaging systems, solutions and services. The core of JPPSI business is its 60+ strong skilled and experienced wood worker in its plant in Pasig City. The business is a PEZA registered enterprise and thus enjoy tax incentives and duty free importation.
JTC is one of the 7 strategic business units of SSI WGTD Holdings. SSI WGTD is engaged in providing varied products, logistics solutions, systems and services. The company has been established in 2002 starting as a single proprietorship initially in freight management. Little by little, SSI WGTD Holdings has grown

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