Peak Storage (Thailand), the importer and distributor of complete products and services on industrial storage, racking system, safety equipment, projects a steady status of Thailand’s economy whereas the logistics industry remains robust.

Monday 12 September 2016 09:09
Peak Storage (Thailand), the importer and distributor of complete products and services on industrial storage, racking system, safety equipment, projects a steady status of Thailand's economy whereas the logistics industry remains robust. Planning to reach both local and international markets more this year, the company is striving to capture industrial and warehouse customer groups while releasing new innovation with warehouse solutions to prepare for the coming of Thailand Economy 4.0. Total revenue of 2016 is projected at 150 million baht.

Mrs.Sasiwan Vitthayachak , General Manager, Peak Storage (Thailand) Co., Ltd. (PEAK) the leader in importing and selling mechanical tools for storage, product shelves, display cabinets, office cabinets, pallettes, and pole bumpers for manufacturing plants, offering design and installation services for product shelves, warehouse system, and warehouse construction, and serving as licensed distributor of high-end brands such as Dexion, Rack Amour, Bruynzeel, and CAEM – explained that even though the overview of economy in Thailand has shown a humble growth, the logistic industry remains steady growth because there are still continuous demands within the country."

The investment overview of domestic and ASEAN logistics sector in the second half of the year shows optimistic outlook as investment opportunities emerge from the seeking in new investment areas among investors. The government policies are taking effect in encouraging investments or increasing productive capacity, making Thailand and other ASEAN nations a big leap forward.

Peak Storage (Thailand) views that the start of AEC will vigorously induce more foreign investments to the region, especially Laos with its emerging labor market that attracts foreign investment in manufacturing plants and warehouses significantly. With such potential growth in AEC countries, the company decided to expand its products and design/installation services in Laos. Today, the response rate is positive with 5% contributed revenue from AEC countries (including Malaysia, Indonesia, Singapore, and Laos).

"The growth of logistics and industrial industries in Thailand and other countries is a positive sign for us to expand our customer base and services. Sales and service strategies of all aspects have been reviewed and adjusted. Our uplifted product and service standard will, then, positively affect the overall warehouse and logistics industries in terms of process efficiency," Mrs.Sasiwan said

With Thailand currently marching towards the innovation- and technology-driven economy or Economy 4.0, Peak Storage (Thailand) has brought a new world-class innovation in warehouse solutions system to the Thai market. Being applicable to both FIFO and LIFO, this "Auto Shuttle" skid offers convenience, speed, space saving and safety when it comes to warehouse storage system. And palettes can be kept 60 meters more in depth.

Additionally, the company has recently introduced the launch of Bruynzeel storage solutions – new innovation for document organization – that help ease any information search when needed. The launch of these innovative solutions aims to support the growth of logistics industry as well as other industries that need cost- and space-saving solutions for their warehouses in both short and long terms.

"As we prepare to focus more on our services, a total of 150 million baht sales is expected this year, increasing from 72 million baht in previous year. To achieve that, the existing customer base will be continuously maintained and the new customers will also be targeted. More focus will shift to adding value to our services for the best benefit of customers," concluded" Mrs.Sasiwan said