SMES SAVE RM3.5 MLN THROUGH MPC PROGRAMME
KUALA LUMPUR, Jan 31 (Bernama) -- The Malaysia Productivity Corporation (MPC) has managed to record operational cost savings of RM3.5 million for local enterprises through its productivity enhancement programme.
MPC said in a statement that the programme was its latest initiative to narrow the gap in productivity among companies, especially in bringing SMEs to a higher value chain.
MPC director-general Datuk Abdul Latif Abu Seman said the programme will help SMEs produce goods and services of international standards through guidance by market-leading companies and achieve the target of 25 per cent of exports from SMEs.
“The programme is based on the sharing and transfer of best practices, information, skill and technology from a market leader, commonly from major and multinational companies to the SMEs.
“The market leader also benefits when SMEs in their supply chain learn to be competitive,” he said.
According to the statement, the programme had been done on an experimental basis where international market-leading companies provided guidance to 18 SMEs from various sectors, including electrical and electronics and chemicals, resulting in total operating cost savings of RM3.5 million.
-- BERNAMA
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