Above the Standard Procurement Group®, Inc., Jerahmeel Chen, and Makati, Philippines ASEAN Office and Growth
As Above the Standard Procurement Group® (Above the Standard) has been growing around the globe, we had the distinct pleasure of being introduced to a very bright, charismatic, experienced, yet highly energized individual by the name of Jerahmeel Chen in September, 2011. As we were looking to expand our relationships in the Philippine and ASEAN market, we found Jerahmeel to be talented with both left and right abilities – finance, audit, compliance, accounting, marketing, entrepreneurial, management, sales, and many other skillsets.
After communicating to hundreds of people, Above the Standard decided to ask Jerahmeel Chen if he would like to represent us in Makati, Philippines and grow out ASEAN marketplace.
Both Jerahmeel and Above the Standard agreed that he would start building a team that would build the foundation of a hub team led by his abilities and direction, and supported by Above the Standard’s unique global model. Above the Standard not only improves the bottom line for small to some of the largest organizations in the world, at no cost until they perform in most cases, but also helps to continue sustainable measures as a full procurement and financial services firm with just about every service you need in this global business and economy.
The foundation is being built and the official training and implementation of this team will take place in the last quarter of 2012. As we have developed several strategic partners in the Philippines, the ASEAN market, and other areas around what will be this new hub, Jerahmeel Chen will begin the next phase of this core hub and office by gaining traction with new team members, new clients, new industry experts, new strategic partners, and his staff.
Why Does Above the Standard Feel Confident in this Exciting Initiative and Market Place?
We are not new to the area, but we have decided to bring this unique model to this are of the globe as it will help organizations compete as never before, with improve bottom lines, greater cash flow, and enhanced market abilities because of what Above the Standard can do and has done for many years for their clients.
Jerahmeel Chen – General Business Overview
Jerahmeel Fandrall Chen was born and raised in Cebu, Philippines. He studied and obtained a BS Management Accountancy at the University of San Carlos. After his studies in the University, he attended the Asian Institute of Management for his Master’s Degree in Entrepreneurship. He started creating companies at the age of 19 in production of music videos and outdoor advertising and then, created a coffee shop in Cebu. Later, he moved to Metro Manila. There, he was hired by the family to manage the Manila operations of their family business (they have several locations). He structured the company with an objective to make it lean and cost efficient and was successful in a short period of time. He implemented operations management, organizational structure, and financial systems that helped make the family business more professional.
At the same time, Jerahmeel Chen was approached by a friend from Hong Kong (HK) to help manage their businesses throughout the country and locations beyond. This company’s focus is in Micro Finance for OFWs, manufacturing of motorcycles, telecommunications, and mining. He was tasked to create business plans, structural reforms, and quasi debt restructuring of their fledging business in micro finance. After successfully helping complete these areas and take this multi-diverse and faceted company to the global level they needed, he left the company to continue in the family business especially in the project in expanding the business to HK. He set up their corporate office in HK to manage the financial transactions of the family especially its dollar denominated transactions.
Recently, the application for export and import permits to create a food distribution company that aims to ship agricultural based products to other countries like UAE, US, Japan, China, Australia and South Korea is being initiated as the global demands for food products from certain global areas are increasing.
Jerahmeel Chen – Charity & Non-Profit Work
Since 2002, Jerahmeel Chen has pursued charity work mainly focusing on the months of June and December where the need is immense in his country. There, he spearheaded the crafting of social events where out of school youth, orphans can interact with his classmates in the spirit of Christmas. After transferring to Manila, he reconnected with AIESEC Foundation and was asked to be part of their board of advisers where he helped reshape their financial model. There he was asked to speak about topics such as, organizational development, change management, entrepreneurship, and the essence of AIESEC in his life.
He also applied for membership of the Junior Chamber International in Manila as he was recommended by a colleague in the Asian Institute of Management. He was co-chairman for a project in raising funds to buy a vehicle for a school whose objective is to provide free education to the children in Tondo, Manila.
Jerahmeel Chen – High School
During his high school days, he joined the Boy Scouts of the Philippines and Student Council. Though losing his bid for secretary general in the student council elections, he held positions in the student body as the chairman for student council constitutional amendment, Junior Assistant Scout Master, committee member for the educational tour for the batch, and a member of the Core Group for the student council. In college, he was an officer in the Junior Philippine Institute of Accountancy as the chairman of the electoral committee. There, he instituted reforms in the electoral process and the modernization of the elections. He was also the Chairman of the Audit committee in the Supreme Student Council of the University of San Carlos, as well as the President of the Luntiang Kabataan ng Pilipinas (an environmentalist organization whose aim is to build a greener Philippines), and President of the Filipino – Chinese Organization. Lastly, he was the chairman of the graduation committee whose task was to plan for the graduation ball and create a job fair for the graduating class.
Why the Philippines?
The Philippines is strategically and geographically situated in the Asia Pacific Region. Its distinct location makes it ideal for business ranging from logistics hub, regional office, and a bridge between the West and the East. Though, over its history, the Philippines has been plagued by bad government practices and corruption. For 30 years, the Philippines has been dubbed as the sick man in Asia due to its laggard GDP and GNP growth rates. It has also had one of the highest poverty levels and lowest rate of development in the region. Recently, the Philippines has been one off the few countries has shown robust growth rates and improvement in its economy. There is improvement in its business climate and growth in the foreign direct investments. Its stock market is one of the few who has achieved double digit growth and an improvement in the industrialization of its industries. As such, the country is now poised to be one of the breakaway nations and emerge as a tiger economy.
As such, Above the Standard shall be strategically placed with its location in the Philippines. The Philippines has flights to Taiwan, China, HK, South Korea, ASEAN nations, Japan, and Australia which are useful for all clients, partners, affiliates, and staff as a hub to all of these areas.
Because about 80% of the businesses are family owned, just like the businesses in the ASEAN region, Above the Standard, the Philippine team, and the clients will all have great opportunity. Logistically, it is near to the international shipping routes.
Above the Standard has succeeded in every project they have engaged in as it relates to cost reduction and bottom line improvement over the years. It is with great honor that Jerahmeel Chen will be an instrumental part in developing his team, representing Above the Standard as it grows in the Philippines, the ASEAN Region, and beyond with Jerahmeel Chen and his team seizing the incredible opportunities available as the Above the Standard model provides solutions like no other organization there.
As Jerahmeel Chen builds the systems, policies, and infrastructure for his team in the Philippines, he will be able to scale, expand, and grow with Above the Standard to provide solutions to any organization, even though the focus of the Philippine office will start with growth industries, such as data, smart manufacturing, and soft commodities.
The Future is Now!
It is with great pleasure that we would like to introduce Jerahmeel Chen as the Strategic Partner as the regional hub for Above the Standard located in the Philippines. Jerahmeel Chen shares the same joy, mission, and vision that he and his team will work with Above the Standard to help improve the health of each client one cost reduction / project at a time.