Christine U. Yap

" What we have created is a venue for Buyers and Suppliers-both local and foreign-to meet and transact with each other - in cyberspace," Ms. Christine Yap-Tan, SourcePilipinas.com, Inc.'s CEO explained.Thus, extending the services of SourcePilipinas.com to the entire Monsanto Southeast Region can be easily achieved.

Christine U. Yap, chief executive officer of Yapster e-Trade Inc. and chief operating officer of SourcePilipinas.com Inc., admits that it can be a problem being related to the owner.She, however, stresses that she got the job to head these new companies of the next generation of Yaps mainly on merit and qualifications.

"It works two ways--people either follow you blindly or give you a harder time because of who you are," Yap says.

Yap is in charge of building the business of SourcePilipinas.com, an e-marketplace where companies can purchase office equipment such as computers or even bond papers.
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Yap says it is a challenging job to convince companies to shift to online purchasing but she manages to rally her people to go after these companies by putting in even more than what she demands from her people.

"I've always believed that the key lies in motivating your people.I only ask from my people what I myself can give--dedication, hard work, focus and the drive to succeed," she says.

"When you are a good manager you are judged on your merits and capabilities, and being related to the owner actually becomes secondary," Yap adds.

An economics graduate from the Simon Fraser University in Vancouver, Canada, Yap was put to work since she was 10 years old.At one time, she was a cashier and bagger of the groceries in the Yap store in Davao, progressing to bookkeeper in the evenings after the store closed.

When she was in Canada, she worked as a research assistant for her professor and when she finished work, she trained as an investment analyst for a stock brokerage firm.

Christine Yap-Tan is the COO of SourcePilipinas.com Inc., the e-marketplace under Yapster e-Conglomerate Inc.You may e-mail her at christine.yap@sourcepilipinas.com.

"Source's Exchange has improved significantly," says Christine Yap, SourcePilipinas.com, Inc.'s Chief Executive Officer (CEO). "Our services now covers local and foreign firms that are into telecommunications, networks, industrial gases, education, pharmaceutical, power & energy, real estate and infrastructure that have coursed their capex requirements online," she added. In fact, SourcePilipinas' value pass through improved 50% year-on-year, with 150,000 transactions processed online as of September.

The significant improvement stemmed from Source's move to provide value-added services to Trading Partners. After the soft launch of its e-Payment and e-Directory systems, the company showcased its Feedback Board that aids and widens Trading Partners' accreditation process.

"The board is a useful tool that allows our Trading Partners to know community members' rating for a specific supplier or buyer," says Yap. "Dual feedback provides clearer view to rectify concerns that may have been raised in the regular flow of transaction, and encourage others that have been performing above par," she added. The Feedback board complements SourcePilipinas' Market Intelligence data, which shall be complemented by up-to-date financial statistics on procurement-related undertakings.

Yap said "These are part of Source's vision to introduce positive changes in the way procurement is done through an Active Exchange utilized by all industries, and one that reinforces Teamwork and promotes transparency."
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SourcePilipinas chief executive Christine Yap said the company is hoping to capitalize on its niche as a provider of value-added sourcing this year.
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SourcePilipinas had growing pins when it was set up in 2000 by Yap, founder of IT services firm e-Yapster Inc. and daughter of stockbroker and mining magnate Felipe Yap.

Christine Yap, chief executive officer of Yapster e-Trade Inc., echoed the sentiment."This partnership will put philstar.com's online readers on a higher platform of awareness where business opportunities are within reach."yap also said that people could also learn the ropes to smart trading, online.

Yap added that content sharing would complement both parties, saying further, "The rich content and features of philstar.com and its large readership base will prove to be beneficial in expanding the market reach of 2TradeAsia.

At the contract signing last September 18, Ms. Christine Yap-Tan, Chief Executive Officer of Yapster e-Trade, Inc. said the partnership with WS Computer Publishing will help the company expand its' reach within the Philippine's web arena.