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Companies from process, automobile, healthcare and engineering industries made it to the A-list as prestigious award recipients this year.. The awards banquet was co-held, at the Shangri-la, Kuala Lumpur, with the 2009 Frost & Sullivan South East Asia Industrial Technologies Awards.
The annual Malaysia Manufacturing Excellence Awards program heralds a fresh avenue for Malaysia's manufacturing sector as companies' get their capabilities benchmarked and assessed to know their domestic and global competitiveness.
The Malaysia Manufacturing Excellence Awards (MMEA) is a part of the larger Asia Manufacturing Excellence Awards (AMEA) program. With a mission to create an annual opportunity for manufacturing establishments to put their manufacturing capabilities on a health check, this awards program helps companies keep their manufacturing capabilities lean, innovative and world class.
Frost & Sullivan has developed manufacturing competitiveness assessment model based on extensive business tools evolved over the years. It judges a manufacturing establishment's maturity level on 12 important factors with over 240 check points covered during the course of 2 to 3 days of on-site assessment.
The focus is on areas like internal competence, visual management, layout and material handling systems, orderliness, safety and environment, operational flexibility, process complexity amongst others with a maximum score of 1200 points. After assessment, a facility's score is analyzed and benchmarked against peers in the same industry and local industry standards.
Among the 12 factors measured in the assessment, few factors emerge as a common trait in all the seven recipients of MMEA 2008. The first is the Orderliness factor, which not only demonstrates the cleanliness and neatness of the factory, but also reveals the basic discipline and sense of ownership displayed by the employees. Secondly, Safety and Environment aspect ensures that these organizations take special care in ensuring safe working environment for their people to enjoy. Industrial discharges are dealt with proper care and in line with the standards set by environmental authorities. Third, Visual management (KANBAN) has been effectively used by these organizations to yield better results and internal competence has been given a lot of importance, to deal with present and future challenges. Remarkable progress in lean implementation was observed in these organizations. Jay Chandran, Principal Consultant from Frost & Sullivan, who is leading this program in the Asia Pacific region says, "Most of the companies we assessed did not expect the thorough drill-down approach that Frost & Sullivan took. It was very hard to please our assessment team, as we were looking beyond documental proof and presentations. In fact, they were surprised at the in-depth coverage and focus our team practised, instead of merely ticking points off on a check-list.
"Common factors seen across companies such as honesty, acceptance of a shortcoming, and willingness to change based on our clinical feedback are commendable. With adequate support and investments Malaysian manufacturing companies will fly high, consequently heightening Malaysia's full potential in manufacturing and leveraging it against global standards," Jay added.
Frost & Sullivan congratulates the outstanding recipients of the Frost & Sullivan Malaysia Manufacturing Awards.
The 2009 Frost & Sullivan Malaysia Manufacturing Awards program application is open until October 15, 2009.
For downloading the application form, brochure and other documents contact us or visit frost.com/mmea
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents.
Contacts:
Neethiya Sadagopal
Corporate Communications
P: +65. 6890.0966
E: neethiya.sadagolpal[.]frost.com.
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