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Frost & Sullivan awards day in December

August 2013

FROST & Sullivan has announced it will hold a knowledge-sharing forum and present its Value Chain Leadership Awards (VCLA) on December 18 in the UAE. The precise venue has not been finalised, said a company spokesman.

The last date for nominations to participate in the award programme is August 31.

The company described VCLA as a global programme to transform supply chain and manufacturing capability. “Frost & Sullivan aims to identify and applaud sustainable organisations with strong business acumen and robust operational performance aligned to customer satisfaction and delight. Further, VCLA will bring forth industry best practice for organisations and individuals to learn and grow.

ASSESSMENT PROCESS
“The rigorous on-site assessment process will evaluate manufacturing and operational excellence of companies on four critical aspects of manufacturing: customer focus, logistics excellence, operational effectiveness and sustainability.”

VCLA will cover a diverse and extensive range of industries such as chemicals, food and beverage, consumer products,  paper,  metals,  fertiliser,  petrochemicals,  light  and  heavy  engineering,  paints,  pharmaceuticals, electricals and electronics and cements.

“These awards can be a boon for the organisation because of their global recognition, global benchmarking and advisory.  Organisations  can  benefit  from  Frost  &  Sullivan’s  International  reach/network,  its  presence  and expertise across different industry verticals. Leaders/award recipients also stand a high chance of venturing into international markets,” a statement said.

SCORECARD BOOST
It said a scorecard will be given at the end of the assessment process to all participating/short-listed companies that will  provide  them  a  quantitative  assessment  of  their  strengths  and  weaknesses  that  need  to  be  taken  up internally for carrying out improvements.

“Frost & Sullivan’s scorecard is more than just a report handed out after an assessment. Since it is derived from a disciplined  and  structured  process, the  scorecard  could  be  considered  a  strategic  business  tool  used  by organisations  to  enhance  productivity/efficiency and  customer  performance  and  inculcate  a  culture  of systematisation and internationalisation.

The thorough assessment process will culminate in a knowledge-sharing forum and a grand awards ceremony on December 18 in the UAE.




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