Manufacturing Magazine May 2019 | Page 15

ASIA
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15 venture .” As one of the largest and most diversified business groups in the Philippines , Ayala Corporation is present in markets including real estate , banking , telecommunications , water , power , industrial technologies and more . This has allowed KTM Group to gain a deep understanding of the Philippine market .
Entering this new market was a challenge from a supply chain perspective as it meant developing a new network from scratch . However , this is a challenge that KTM Group has taken head on . “ Many Asian companies and suppliers are used to working in the automotive segment and they ’ re used to helping manufacture millions of cars every year . Our challenge is to help the supplier understand that by working with a well-known brand , there ’ s more opportunity to grow . In the long term , we hope to increase our more and more bikes .” In doing so , KTM Group is not only helping to meet the burgeoning demand for its motorbikes , it ’ s also helping to boost the local economy and generate employment for more Filipinos . “ Many of our suppliers are small- and medium-sized enterprises
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