INVEST IN LOGISTICS EDUCATION, MIL TELLS INDUSTRY PLAYERS

KUALA LUMPUR, Oct 6 (Bernama) -- The Malaysian Institute of Logistics (MIL)
Wednesday urged industry players to improve their talent and acquire new
competencies to meet current economic challenges.

"It is crucial that at this point of time, companies need to consider
logistics education as a critical investment," Secretary-General Mior Muhammad
Mior Sulaiman told Bernama at the 2nd National Logistics Conference 2010 here
Wednesday.

He said the economic crisis that had initially affected the financial sector
and spread to manufacturing and insurance, had also affected logistics
organisations and service providers.

As the world economic downturn continues, the normal supply chain would
change and companies that were unable to meet the challenges would collapse, he
said.

Thus, he said, it was important for the industry to consider logistics
education as a critical investment, develop structured techniques to create
awareness and develop new methods for the benefit of the industry.

Meanwhile, Telmar Network Technology Project Manager Visuvanathan
Parameswaran said the globalisation challenges were driving the need for
professional services providers which demand more talent-centered supply chain
management.

Global service providers should aggressively improve their ability in
managing and deploying talent on a worldwide basis to enhance revenue, he said
in during a paper presentation on "Bilateral Trade Through Logistics".

"Professional service providers must reorient thinking about internal
processes and begin to treat the talent supply chain as a competitive
advantage," he added.