Business
ICEES partners Toyota Engineering Corporation to bring Lean capability to Sri Lanka
Innovation Centre for Enterprise Excellence Solutions (ICEES Global) recently partnered with Toyota Engineering Corporation (TEC) in Japan to bring lean management knowledge and capabilities to Sri Lanka, enabling individuals and organizations to learn from the pioneers in the industry.
ICEES Global will be initiating the first- ever Toyota Production System (TPS) Training Program on Lean Management in Sri Lanka on August 21 conducted by Sensei Tetsuo Arikawa, former head of production support at Toyota Motomichi plant in Nagoya.
Toyota Motor Corporation was the birthplace of lean management, initially known as Toyota Production System (TPS) and Toyota Management System (TMS). Founded in 2002, TEC consist of professionals who have years of hands-on exposure in implementing, improving, and sustaining these methodologies at Toyota.
Today, TEC is dedicated to spreading their expertise across the globe, and ICEES Global is the Partner and Corporate Member of TEC for Sri Lanka and the South Asian region.
ICEES Global facilitates numerous manufacturing and service-based organizations and professionals to continuously improve productivity and profitability through Lean Management, Six Sigma, and Total Productive Maintenance (TPM) methodologies.
Headed by its directors Lapitha Gunasinghe and Asanka Henegedara, both of whom authored Sri Lanka’s first lean business novel titled ‘Lean Peraliya’, which garnered significant interest from the Sinhala-speaking business community. ICEES Global consists of a dynamic, well experienced team of lean transformation coaches, with over 10 decades of collective expertise locally and regionally.
ICEES actively engages in various industry sectors such as airlines, food & beverage, agriculture, porcelain, textile, and apparel among others with the objective of maximizing profitability, productivity, and minimizing operating costs whist activating internal teams for transforming organizational culture, all achieved by customized Lean concepts.
Due to the lack of understanding of these concepts, many fail to realize that lean management is a complete practical solution for their existing problems. Over the years, ICEES Global has trained over 500 business leaders on this.
ICEES Global has three strategic arms. ICEES Lean Academy provides globally recognized knowledge and skills on enterprise excellence and process innovation while ICEES Business Support assists businesses in their enterprise excellence journey, and ICEES R&D is dedicated to create new knowledge by actively keeping up with the fast-changing industry requirements such as Industry 4.0. Please visit www.iceesglobal.com for further information.
Oil-producing countries have agreed to continued cuts in production in a bid to shore up flagging prices.
Saudi Arabia said it would make cuts of a million barrels per day (bpd) in July and Opec+ said targets would drop by a further 1.4 million bpd from 2024.
Opec+ accounts for around 40% of the world’s crude oil and its decisions can have a major impact on oil prices.
In Asia trade on Monday, Brent crude oil rose by as much as 2.4% before settling at around $77 a barrel.
The seven hour-long meeting on Sunday of the oil-rich nations, led by Russia, came against a backdrop of falling energy prices.
Total production cuts, which Opec+ has undertaken since October 2022, reached 3.66 million bpd, according to Russian Deputy Prime Minister Alexander Novak.
Opec+, a formulation which refers to the Organization of Petroleum Exporting Countries and its allies, had already agreed to cut production by two million bpd, about 2% of global demand.
(BBC)
Its MD says. ‘go abroad only if you can work hard’
Siraj Manpower Services, one of Sri Lanka’s leading foreign employment agencies, was honoured with the Three-Star Award at the ‘Golden Awards’ 2023, organised by the Sri Lanka Bureau of Foreign Employment (SLBFE). This award ceremony was organised to honour foreign employment agencies that have made a significant contribution to the development of the foreign employment sector, which is a major source of foreign exchange for Sri Lanka. Siraj Cafoor, Managing Director of Siraj Manpower Services, was presented with the award at the award ceremony which was held at the BMICH in Colombo under the patronage of Minister of Foreign Employment and Labour Manusha Nanayakkara.
Having been established in 2002, Siraj Manpower Services (www.sirajmanpower.lk) has earned a reputation in the field of foreign employment by winning the trust of customers for more than 20 years. It has been offering job opportunities in the Middle East countries such as Kuwait, Qatar, Dubai and Saudi Arabia, and Malaysia as housekeepers, drivers, sanitation workers, labourers and also jobs related to the apparel industry. All these workers are entitled to approved salary scales certified by the SLBFE.
“We always stand for the safety of workers who go abroad through our organisation. We work to solve the problems that arise in relation to the contracts that the workers have entered into. I must mention something special to those who go abroad for employment. That is, you should keep in mind that you go abroad only to work. Go abroad only if you can work hard. You have to remember that you are going abroad to earn some more money and achieve the advancement of your family.” said Siraj Cafoor.
The Minister of Ports, Navigation and Aviation Nimal Siripala de Silva was on an observation tour on 3rd of June to witness the operations and development of Singapore’s main port. During the tour, he had a special discussion with the head of PSA International Private Company which carries out the operations and development of the Singapore port.
Won Chee Fung, CEO of the company’s Middle East and South Asia arm said if there are investment opportunities for development and operations in the ports of Sri Lanka, they would like to apply for them.
The Minister told him that since the government has planned to start the development of the North Colombo Port, a suitable investment plan and proposal could be made for it. He also requested the heads of PSA International Private Company to provide a suitable proposal for the development of Trincomalee Port.
PSA International is one of the few largest companies operating in ports in the world, and 37,000 million containers are handled per year in Singapore’s main port alone.Officials including Assistant Vice President of PSA Company Lim Wei Chang, Chairman of JCT Oil Bank Company, Lakmal Ratnayake and representatives of the Sri Lankan Embassy in Singapore also participated in this discussion.
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