About Us - HISTORY
The making of GRET
The founding year of GRET
The company traces its history at a time when Glenn T. Illustrisimo at the age of 24, decided to
quit from his two year employment and started to put up his own diagnostics distribution
company in July 10, 2006. GRET came from the names Glenn Ritchell Emma Teodoro a modest Filipino family which started the company in Mandaluyong City, Philippines. GRET was one of the first to recognize that need for a trustworthy and reliable distribution partner is the key to achieve success on healthcare business in the Philippines.
The story of a successful Filipino business.
The founding year of GRET
The company traces its history at a time when Glenn T. Illustrisimo at the age of 24, decided to quit from his two year employment and started to put up his own diagnostics distribution company in July 10, 2006. GRET came from the names Glenn Ritchell Emma Teodoro a modest Filipino family which started the company in Mandaluyong City, Philippines. GRET was one of the first to recognize that need for a trustworthy and reliable distribution partner is the key to achieve success on healthcare business in the Philippines.
The first product
Started a partnership with Roche Philippines, Inc. as one of its distributor for Accu-checkglucose meters. Converted a small apartment as a home office to secure completely its licensesand accreditation from government agencies.
The first private client
After some series of struggle to find its first customer for glucose meters, Bernardino GeneralHospital in Novaliches QC trusted GRET to supply them with a fully automated chemistryanalyzer. This was one of the very first installation of Roche as well for Cobas c111 when it waslaunched in the Philippines.
The first local government client
Thru winning a public tender in Pasig City Health, GRET successfully installed the first Cobasc111 for a government customer.
The first expansion
From the initial success of GRET, the company employed its first sales and marketing team. Ithas also established its first customer in the Visayas Region, Negros Oriental ProvincialHospital.
The official business address of GRET
Because of the timely need for a more presentable office, the company moved to its three story office also in Mandaluyong City, Philippines. It conforms to the demand of an increasing number of clients and employees.
The crisis in family
With the indifferences among its family members on the leadership style and decision making inside GRET, the family decided to give way and entrust the full business operation to its founderGlenn T. Illustrisimo.
The change in the supplier preference
2013 - 2014
There was a huge drop in the sales after the 2013 transition, it was brought about by the changein the government administrations and political issues in the private sector. There were issuestoo from supplier side that greatly affected our distribution lines. The challenges opened themindset of Glenn T. Illustrisimo to look for a direct sustainable business partner abroad.
The incorporation of GRET
On every step it was Glenn T. Illustrisimo who is determined to take new directions, guiding thewhole team to a bigger and better vision, enthusiasm, contagious spontaneity and invincible optimism.
The new multinational business partners
On its 10 th year in the business, GRET became the exclusive distributor of TOSOH for its Glycosylated Hemoglobin business and RANDOX RX Series for its clinical chemistrybusiness.
The reform, transparency and purification
2017 - 2018
GRET begins to strengthen its corporate structure and moved to more specific and effective business leadership style. An unpopular realignment and audit was done to eliminate incompetent and inefficient personnel and business processes. Established a more trust worthy lean and experienced management to run the day- to- day operations as
Glenn T. Illustrisimo preserved his majority of ownership of GRET.
ISO 9001:2015 Certification
A plan-do-check-act methodology and process oriented approach to document and review structure, responsibilities and procedures to achieve effective quality management is applied to GRET. It is intended to ensure that the organization adapts to the changing environment in which it operates. GRET now assures customers consistently high quality products and services, which will in turn bring many benefits including satisfied customers, professional management and happy employees.