PRA 2nd Quarter Newsletter 2013 April-June 2013 | Page 11
• Crono / Crono Fashion / Watch Corner
• Bambu (Elo Retail Corporation)
• Bohol Quality Superstore (Bohol Quality Corporation)
• Cha-Rose Supermarket
• Fisher Fashion Store
(Fisher Mall – Mallers Management Corporation)
• IFoods, Inc.
• K2 Drug Group, Inc.
• Onesimus/Onesimus (Onesimus Corporation)
• Slice (Maxucusine Inc.)
• Uratex (MUltiflex RNC, Philippines, Inc.)
• AA Worldwide Logistics
• Aifrieght 2100 Inc.
• Directories Philippines Corporation
• Eastern Communications Philippines, Inc.
• Emerge Philippines (Sharksurf Philippines, Inc.)
• Ex-link Mgmt. & Mktg. Services Corp. (Ex-Link orp.)
• GSI-Gruppo Sachin Inc.
• Hybris Hongkong Limited
• International Franchise Corporation (Francorp)
• IP Converge Data Services Inc.
• Ruckus Wireless
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Formoso holds a degree in Industrial Management
Engineering from the De La Salle University Manila. A
pioneer of Duty Free Philippines (DFP), he was involved
in the setting up of the organizational and operational
structure during the start-up operations in 1987. He
is likewise active in exploring new innovative ways to
help facilitate the growth and progress of the duty free
industry in the international scene. Just recently, he was
reelected to the Board of Directors of the prestigious
Asia Pacific Travel Retail Association (APTRA), an
association composed of travel retailers, suppliers and
airport operators in the Asia Pacific region with around
80 member companies. He is the first Filipino to be
elected in the APTRA Board since its inception.
With his recent election as President of the PRA, Mr.
Formoso vows to live up to the association’s vision
of empowering its members --- from retailers, mall
and shopping center operators to traders/suppliers,
manufacturers, distributors, and wholesalers --- to
attain global competitiveness and make the retail
industry a significant contributor to, and driving force
of Philippine economic development.
d. There should be a link between the consignor systems
and the POS data captured at stores to use for the purpose
of planning product quantity required to have stock
available in the display to meet the full sales potential.
Retailers should require consignors to meet the
requirements listed in points a, b, c and d above as a
condition of consignment partnership. By providing
proper training to their sales staff prior to deployment
to the stores , both the objectives of the retailer and
the consignors can be achieved. The PRA can support
retailers in delivering these programs for participation
by the Consignor’s staff and at th H???Y???&\???? ??T?T???H?URST????[? ??[?H ?Y[??\?H??][??Y?Y[Y[? ?]?H H???Y?Y[??\??\??\ ???? H?[[??H?? H?]Z[\?\? ? Z?HH ? ??? ?[??[?X[?Y?[?? Z\? \??\??\ ?] H???Y????B??\?[?[?Y?] ? ? H?]Z[\?\?N??K?[\ ??Y?\??Y\? ?\??X?H ?[?\? ???\ Y\?[?[??X\?[?? H?X[?\??Y\???[??X\?Y ?[\? ??][?X\??] \?\?B? ?[\ ??Y ?? X? ?\?[?][??K?[??X\?Y \???X[??H[??T?????H?\?Y\??^ ? ? L?
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