Sarinah Signs MoU with Village-Owned Enterprises
On 12th February 2018, Sarinah signed a Memorandum of Understanding (MoU) with the village-owned enterprises (Badan Usaha Milik Desa, or BUMDes) from the Garut Regency, at an event held at Sindanggalih Sub-district in Garut, West Java. The MoU will see Sarinah assist Garut’s BUMDes develop a Desa Mart store concept. This grocery retail initiative is aimed at advancing local village economies by building a network of minimarkets through which villagers can sell or buy products. One key purpose of Desa Mart is to supply villages with staple foods at affordable prices in addition to developing local human resources. The signing ceremony was attended by the Regent of Garut Mr Rudy Gunawan, Assaistant Deputy of Domestic Market Strengthening and Business Regulations at the Coordinating Ministry of Economics Mr Mochammad Edy Yusuf, President Director of Sarinah Mr GNP Sugiarta Yasa, and Ms Indyruwani Asikin Natanegara as Sarinah’s Director of Trade and property.
Mr GNP Sugiarta Yasa stated that through Sarinah’s longstanding experience, the company can help facilitate the growth of retail and trade of products from the regency’s more than 400 villages — Sarinah has previously featured the tenun cabut (woven) fabrics by Garut’s Issam brand in their new counter at the Ngurah Rai International Airport in Bali. By keeping close ties with local manufacturers, Sarinah has gained its reputation for identifying new business opportunities to help the development of Indonesian brands on the global stage. . As such, this latest cooperation will further expand the company’s distribution network and positively impact its highly-efficient supply chain system.