SEAGATE GLOBAL, MALAYSIA
END-TO-END GLOVE SERVICES:
- AUTHORIZED FACTORY RESELLER
- FACTORY ALLOCATION HOLDER
- TRUSTED LOCAL BUYER'S AGENT
- LOCAL LOGISTICS TEAM
- GLOBAL SALES NETWORK
- INVESTOR SMART PARTNERSHIP PROGRAM
THE RIGHT FIT FOR A
With Seagate as your local Malaysia partner, you put yourself ahead of the pack with our competitive edges
Factory Authorized Reseller
Factory Allocation Holder
Becoming a factory authorized reseller is no easy task and requires boots on the ground, which Seagate has. Glove buyers are provided with comfort with Seagate as a factory authorized reseller.
Obtaining factory allocations for nitrile and latex gloves in this market is almost impossible as most factories are sold out for 2 years or more. Further, most factories require a 30%-100% deposit to obtain a factory allocation. Seagate Global has factory allocations for 720 million boxes of gloves over the next 12 months.
3-10x Faster Delivery
Without Seagate, the average Contract Order wait times range between 200 and 600 days. With Seagate, you can access the limited supply of gloves for immediate delivery, or on contract to cut your wait time from 600 days to 60 days.
Seagate has been operating in Malaysia for over 10 years. We are the only agent that has been endorsed by the Government of Malaysia for our continued efforts, honesty and success. Further, we are the only Bumiputera company that is part of an international consortium which demands global standards of good governance. Our word is our bond.
Integrity and Honesty
Current Market Conditions in Malaysia
Wall Street Journal Touches Glove Market Issues
The Wall Street Journal published an article recently describing the dire nitrile and latex glove supply situation. They highlighted the danger of the many unethical brokers in the market that cannot be trusted. With Seagate's unimpeachable reputation, use of escrow accounts, and third party surveyors such as SGS, you can rest assured that Seagate will source high quality certified gloves.
Click the button below to read the WSJ article.
Handling the Shortage of Nitrile and Latex Gloves
Seagate's team on the ground has surveyed all the major players in the latex and nitrile glove industry in Malaysia. The conclusion of most industry experts in Malaysia is that the supply and demand situation is getting worse as large buyers scoop up available supply. They implore buyers to act now while there is still supply left to attain.
Click the button below to read an article explaining the above.
Why will the shortage of gloves continue through a full global distribution of a prospective, approved Covid vaccine?
Fixed Amount of Rubber
Nitrile and latex gloves are the most effective glove types to help slow the spread of the deadly COVID-19 virus which took the world by surprise, including the glove industry in Malaysia. Malaysia also followed other countries and closed its borders when numbers ballooned.
Rubber is the primary ingredient for latex gloves. The amount of rubber is fixed by the number of rubber trees. Supply of rubber takes over five years to increase as it takes five years for new rubber trees to start producing.
Demand has increased due to the global pandemic which has caused large state and corporate buyers to greatly increase demand as they attempt to lock up all available supply for the next two years while supply is fixed.
High-tech and Expensive
Manufacturing nitrile and latex gloves is a very high-tech process few countries can master. The factories are large and expensive and take time to build and source precision machines. Finally, it is labor intensive and requires a skilled workforce which must be trained.