FAST ENTERPRISE CATEGORY
Vyramid Electrical & Engineering Sdn Bhd
Engineering Industry
www.vyramid.com
Information about the Company
Established in 2014, and headquartered in Penang, Malaysia, Vyramid Electrical & Engineering’s core business involves mechanical & electrical work concern; installation, supply lightings, repairing, infrastructure work, electrical building maintenance service, network cable & telephone cable installation, electrical foreman (local & international) supervisor service, electrical control panel, air condition supply, installation & others.The company is an official Mechanical and Electrical (M&E) contractor, certified by the Malaysia Surahanjaya Tenaga (Energy Commission Class A) and is licence grade G7, issued by the Construction Industry Development Board (CIDB) to provide mechanical and electrical installations for commercial,industries, high rise property and residential unit.
Vyramid’s Mission is to provide excellent level of electrical service to customers whilst managing and exceeding customer expectation with strict quality & safety control to ensure the highest safety level preserved. Vyramid also aims to be the leader in electrical installation with the highest safety features. Vyramid is backed by a dedicated and committed team.
The company believes that dedicated team work commitment, measured balance decisions and to be agile in terms of flexibility and working smart is essential to future success.
Corporate Culture and Initiatives
Vyramid also believes in innovation to drive it forward in the industry. It adopts an agile and smart work environment to increase employees’ productivity and efficiency. The company encourages a high performance team culture which is receptive to and embraces changes. Safety is extremely important to Vyramid, all jobsites are overseen by supervisors, project managers and on-site foreman. Job site inspections and tool box meetings are conducted on a weekly basis along with continued safety training for all employees. Internal workshops are conducted to reduce accidents and to minimise costly breakdowns and unscheduled shut down of operations.Another Definition of Reliability.
Growth Initiatives
Vyramid aims to improve its market penetration by giving competitive rates to clients and total solution packages for projects. It plans to work with reliable subcontractors to deliver projects on time, using the latest technology in the market.Vyramid faces a lot of challenges during the company’s rapid growth. To overtake the competitors, Vyramid lowers the prices to reasonable profit margin as well reengineering values overall projects. When the material price increased, Vyramid overcome by detailed projection purchase planning ahead to enjoy the lowest rate. To overcome private sector favorable contractors and the residential limited projects, Vyramid starts to move to government tenders via E-biddings and overcome by diversifying into other services such as infrastructure contractors.
Achievements and Impact
Vyramid has come a long way since its establishment in 2014 to be a major player in the Mechanical and Electrical industry. Today, under the span of 7 years, Vyramid Electrical & Engineering Sdn Bhd has a significantly turnover of approximately RM70 million. The company’s workforce has grown from just five to 20 and has moved into a newly completed three- storey office building. To sustain sales growth, Vyramid hopes to strengthen cooperation with suppliers and work closely with developers, consultants, main contractors, project managers and architects.Vyramid believes that the road success is not altogether a smooth ahead, however every challenges faced has highlighted its success and drove where the company is now today in the industry.
Future Direction
Vyramid has drawn up a roadmap outlining strategic plans that define the company’s goals. These include initiatives to keep pace with innovation in the industry to provide relevant and adopting energy saving technology (Eco Green), Smart Home Living projects and Smart Cities Infrastructure. In the coming year, Vyramid also hopes to be listed on Bursa Malaysia and to enter the international market, including the Middle East.COMPANY MILESTONES
