Pioneering regional plantation company and vertically integrated rubber manufacturer, Lalan Rubbers, announced a groundbreaking partnership with Sri Lanka’s leading manufacturing solutions experts, Kingslake in order to streamline and optimize its production capabilities by using Advanced Planning and Scheduling (APS).
Through the partnership, Lalan Rubbers will gain the ability to seamlessly manage scheduling across its entire production process, while also benefiting from advanced planning capabilities. This will enable the company to respond in real-time to fluctuations in supply and demand, all within a single system implemented by Kingslake and leveraging the robust capabilities of the Siemens OpCentre APS.
“Planning is the only certain thing in an uncertain time. With digitalization manufacturers – large and small- we are now able to react quickly and intelligently to unexpected changes in the supply chain. Through this partnership we are enabling a quantum leap in our production capabilities, leveraging advanced planning and scheduling capabilities which will bolt on to our existing systems. These investments are aligned with national efforts to enhance the domestic rubber industry, while providing our enterprise with an invaluable competitive edge,” Lalan Rubbers CEO Manjula Mahadanaarachchi stated.
According to Lalan Rubbers Head of Information Technology, Rasika S. Priyantha the implementation with Kingslake is extremely timely given the surging global demand for rubber latex gloves in a variety of fields from medical, chemical, food processing, janitorial, construction, and electrical engineering.
Elaborating on the Siemens OpCentre APS Kingslake Head – Business Solutions, Mohamed Sheriffdeen said: “With this implementation, the team at Lalan receives an interactive, multi-constraint plant scheduling system which will enable them to rapidly schedule orders using intelligent built-in rules, as well as an automated planner that can interact with the schedule as needed. This will provide unprecedented visibility and control to the management team, enabling them to optimize production across all of their orders at once, in real-time.”
Opcenter APS (formerly known as “Preactor” APS) is specifically developed to meet such requirements using advanced algorithms that balance demand and capacity to generate effective, achievable production schedules.
“From the outset, our mission has been to enable local manufacturers to excel, from product concept, design and manufacture, to delivery. Leveraging expertise and capabilities built up throughout our 15 year-long partnership with Siemens, we have actively supported diverse organizations in enhancing their efficiency and expanding productivity – from value added tea to furniture, rubber-based products to complex electronics, high fashion apparel to elastics, packaging to plastics, molds to tools, and electrical devices to glass. Our clients have generated increased profits using our solutions and expertise,” said Duleep Fernando CEO Kingslake.
Since its inception in 1994, Kingslake has focused on providing software to help mid-sized manufacturing companies grow. The company delivers state-of-the-art solutions built with a mix of best-of-breed ERP systems, specialized software solutions and experienced dynamic consultants. Today Kingslake continues to build and deliver fit-for-purpose software that enables customers to increase the visibility of their operations, be it customer service, inventory management, planning, procurement, manufacturing, engineering, HR, transport or finance.
CBSL and IFC launch National Financial Inclusion Strategy
Sri Lanka’s first National Financial Inclusion Strategy (NFIS) aunched recently, aims to make financial services more accessible, efficient, and affordable for all households and businesses in the country.
The NFIS is a joint effort led by the Central Bank of Sri Lanka—with technical and financial assistance from IFC, a member of the World Bank Group—under the IFC-DFAT Women in Work program. The development of this strategy was a multi-stakeholder effort supported by the government of Sri Lanka.
“The National Financial Inclusion Strategy symbolizes our country’s commitment towards a better and inclusive Sri Lanka that will benefit all individuals and enterprises. I believe this strategy will complement the Government’s efforts to minimize the provincial income disparities, urban-rural inequalities, and to promote inclusive growth,” said Mahinda Rajapaksa, Prime Minister of Sri Lanka.
“More importantly, this strategy prioritizes future generations, having identified financial literacy as a key pillar. The proposal to strengthen the national curriculum in this area is a positive step. Investing in the education of our younger generation is the most significant investment we can make as a nation, as this will be a particularly helpful approach to the systematic correction of the financial habits of Sri Lankans,” the Prime Minister said.
HNB – Havelock City partnership offers exclusive Ezy Pay Home Loans facility
HNB PLC has partnered with Havelock City mixed-use development project to offer prospective homeowners of state-ofthe-art luxury apartments in Stratford and Melford Towers (Phase 3 – COC certified) and Peterson and Edmonton Towers (Phase 4) with the exclusive Ezy Pay Home Loans facility.
The partnership is set to offer customers the unprecedented opportunity to make a payment of only 20% and immediately occupy the limited units available in Phase 3 of the project or invest in apartments available in Phase 4, scheduled to be completed by May 2021. Further, Havelock City will take on the customer’s interest payment for one year.
“We have witnessed an increase in the demand for apartments and are aware that there is a limited stock of units available in the heart of Colombo. Therefore, we hope that this partnership with Havelock City will offer our customers looking to invest in a home of their own the facility to either move into an apartment immediately or invest in a home of their dreams,” HNB Head of Personal Financial Services, Kanchana Karunagama said.
Prospective homeowners can make use the bank’s flexible repayment options, such as the Step-up facility, which offers a repayment option in line with the customers evolving income. Customers can also obtain a maximum repayment period of 25 years for the loan facility for an attractive interest rate starting from just 7%.
DPL lends a hand to children in Monaragala Rubber Farming Communities
As part of its ongoing efforts to empower and uplift the livelihood of its farmer co-operative societies, Dipped Products PLC (DPL) distributed school bags to the children of 1,500 smallholder rubber farmers for the 10th consecutive year, under its flagship Firstlight CSR project.
This year’s distribution recorded the largest donation of school bags, which was nearly a two-fold increase from the previous year, bringing the total value of the distribution up to nearly Rs. 1 million.
Taking place at the Pinwatta Bodimalu Viharaya in Medagama, Monaragala, this latest distribution marks the Company’s continued efforts to support the smallholder rubber farming communities, by ensuring that their essential needs are looked after.
“Especially in this time of economic uncertainty, with the nation facing significant challenges and hardships, it is truly touching to see the positive impact which we continue to have on the underprivileged smallholder rubber farming communities. We believe that programmes like Firstlight hold the key to enhancing the livelihoods of our 1500-strong rubber farmers, providing them with an improved quality of life, whilst paving the way to open up new opportunities and a brighter future. This is why, with the enthusiastic response we have received over the years, we have now also expanded this school bag distribution to include the District of Kegalle,” Dipped Products Deputy Managing Director, Pushpika Janadheera said.
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