Port of Tanjung Pelepas (PTP), a joint venture between Malaysian based MMC Group and Hague based APM Terminals has been named Procurement Team of The Year for Small Organization with a turnover of under £500 million at Chartered Institute of Procurement & Supply (CIPS) Asia Excellence in Procurement Award 2023.
Port of Tanjung Pelepas (PTP), a member of MMC Group Wins “Procurement
Team of The Year – Small Organization” at Chartered Institute of Procurement & Supply (CIPS)
Asia Excellence in Procurement Award 2023
The recognition was given to PTP after its procurement team made significant improvements to their performance and culture resulting in increased effectiveness, influence, efficiencies, savings, or competitive advantage.
In a statement released to media, PTP Chief Executive Officer, Marco Neelsen remarked that this latest achievement and various other accomplishments set by PTP over the years underlined the value the company provides towards its whole business and operation eco-system including its customers, business partners and all other stakeholders.
“PTP continuously reviews and refines its strategic direction and initiatives to ensure sustainable growth with implementation of various improvement strategy through Inventory Optimization, Digitization/Automation, Supply Diversification, Localization, Collaboration/Partnership, ESG program and others in our commitment to provide and improve service level for internal and external stakeholders. As such, this momentous achievement is a testament to their hard work and agility amidst the current challenging business environment of today.”
“As Malaysia’s leading transhipment terminal and amongst the world’s busiest ports, we take pride in trailblazing the steps of sustainability,” added him.
Jonathan Cheung FCIPS (Chartered), CIPS Development Advisor, ASEAN/Chair of the 2023 CIPS Excellence in Procurement Asia Awards congratulated PTP on winning the award after the panel judges of procurement leaders determined that PTP has exemplified best practice and demonstrated the highest standards of the profession.
The CIPS Asia Excellence in Procurement Awards were first established in 2014
and have now become one of the most prestigious awards in the procurement profession in Asia.
With over 140,000 members in over 100 countries, CIPS is the only Royal Charter Professional
Body worldwide that offers a global professional certification and qualification in procurement.
“The CIPS Asia Excellence in Procurement Awards were first established in 2014 and have now become one of the most prestigious awards in the procurement profession in Asia. With over 140,000 members in over 100 countries, CIPS is the only Royal Charter Professional Body worldwide that offers a global professional certification and qualification in procurement.”
“PTP has consistently showcased continuous commitment towards procurement best practices when not only it became the first company in Malaysia to win the award but has also successively won the category for two years in a row since 2022. The achievement is therefore a reflection of PTP as a leader in the procurement profession.”
Organised by Chartered Institute of Procurement and Supply (CIPS) and ProcureCon, the CIPS Asia Excellence in Procurement Award 2023 was held at Equarius Hotel, Resorts World Sentosa, Singapore.
Source: PTP