Headline MITI`S VENDOR PROGRAMME A BOON FOR SMEs MediaTitle The Star Date 26 Apr 2018 Language English Circulation 338,368 Readership 1,032,000 Section Nation Page No 22 ArticleSize 1037 cm² Journalist N/A PR Value RM 157,167 MITI'S VENDOR PROGRAMME A BOON FOR SMEs Winners in a row: International Trade and Industry Ministers Datuk Seri Mustapa Mohamed Power meeting: Datuk Seri Mustapa Mohamed (centre) and his deputy Datuk Ahmad Maslan and Datuk Seri ting Ka Chuan with winners of AKI 2016. (second from right) with some of the vendors at MPPPV. THE Vendor Development Programme (VDP) the growth, anchor companies would be under the Ministry of International Trade and given a double tax deduction which had been Industry (MITI) has now come of age with a extended to 2020, to help develop capabilities host of success stories under its fcelt. of bumiputra vendor companies. The programme was one of the flagship Of the 21 anchors, 14 are high-performing initiatives mooted back in 2014 under companies or PCG20 GLCs, six local large Minister Datuk Seri Mustapa Mohamed, to companies and a multinational company. groom bumiputra vendors. Among the main aim was to propel Malaysian small and medium enterprises INDUSTRY EXCELLENCE AWARD (SMEs) as manufacturers and suppliers of Meanwhile, MITI is also actively promoting products and services required by large local the Anugerah Kecemerlangan Industri (AKI) companies, multinational companies and or Industry Excellence Award. government-linked companies which Khaza- Introduced in 1991, the AKI has gained a nah Nasional Berhad (Khazanah) act as the reputation for being the nation's premier cor- secretariat in the domestic and global mar- porate recognition award. ket. Held biennially, among the objectives of the The success behind the VDP was also large- AKI are to recognise the most outstanding ly attributed to a "strategic collaboration" companies in the manufacturing and services with anchors, vendors and training providers industries, companies with business plans to such as MPC, Technology Park Malaysia, increase value-added products or services CEDAR, MITRANS, SIRIM, SME Corp, MIDF and also companies with best practices that and MAI. render them as inspiring role models to other Within a short span after its launch, the companies. number of anchors and vendors saw a steady Since its inception, 3,237 companies have increase. participated in the AKI with 408 winners. In 2016, there were 19 anchors and 1,440 International Standard of Business Excel- vendors, setting a record in the percentage of lence Framework (BEF) is used to evaluate VDP procurement value to total anchor pro- award winners since the rebranding of AKI in curement value at 11.5%. 2014. Up to September last year, the number of The BEF is a globally recognised compre- anchors had increased to 21 with 1,418 ven- hensive plan to ensure productivity, quality dors, pushing up the percentage value to and sustainability of any organisation. 12.7%. Exploring opportunities: Business matching during GLC ExplorACE 2017. As of end 2017,5,326 companies in Malaysia The past two years also saw the Capacity have already adopted the BEF. Development Programme for Vendors (PPKV) their respective anchors namely Boustead well as 16 companies joining a start-up inno- For the AKI 2018, a total of 11 awards are to registering a value of RM3.14mil with 318 Naval Shipyard Sdn Bhd, CIMB, Pharmaniaga vation pitch. be contested namely Prime Minister's Award, recipients. and Tenaga Nasional Berhad (TNB). There were also 331 business matching four awards under manufacturing sectors, A sum of RM9mil was set aside for the The regional champion was won by Ideal sessions. five awards under services sectors and one Research and Commercialisation Grant Healthcare Sdn Bhd. The key objectives were to showcase from open category (multinational compa- (GPPV), which will benefit 15 vendors. A vendor of Pharmaniaga, Ideal Healthcare anchor and vendor achievements in the VDP, ny). In a nutshell, the GPPV and PPKV under participated in the VDP in 2014, dealing in the provide a platform for new vendors to explore The Prime Minister's Award will be select- VDP are all part of the measures listed under manufacturing of medical disposable of business opportunities with GLCs and MNCs, ed from among the top winners in their the Fourth Strategy of the Bumiputera which its products are exported to Asean attract potential anchors to join the VDP and respective categories. Empowerment Agenda (BEA) to provide sup- countries. provide networking opportunities among During a glittering ceremony for the AKI port to Malaysian SMEs. A TNB vendor - Hyrax Oil Sdn Bhd - was VDP vendors, 21 anchors, GLCs, MNCs, MITI 2016, KPJ Klang Specialist Hospital was It is the Government's aspiration for more declared the global champion. and its agencies and other ministries. declared the grand winner of the Prime larger local companies, GLCs and MNCs to Hyrax joined the TNB VDP in 1997, produ- For this year, the Key Performance Minister's Award, winning a cash prize of participate in development programmes to cing products such as transformer oil, cable Indicator target for the VDP is to rope in 40 RM500,000, a trophy and a certificate. spur the country's SMEs, so that a higher oil, polybutene oil and lubricants to be export- new vendors and churn out three new na- The company beat others such as Finisar number of bumiputra vendors could be ed to New Zealand, Asean and Middle East tional champions and one regional cham- Malaysia Sdn Bhd, which emerged top in the developed. countries. pion. open category. But the VDP still stands out among the rest MITI will enhance the policy and imple- Other winners include Johor Port Berhad, and continues to attract much interest and GLC EXPLORACE mentation of the VDP. This includes the Upstream Downstream Process and Services commitment from industry players. rebranding of GLC ExplorAce 2018. Sdn Bhd and Medical Apparatus Supplies Sdn Under the VDP, one of the key highlights is In April last year, MITI set a target to Bhd (services sector) and Salutica Allied the GLC ExplorAce. increase by 10% in the procurement value Solutions Sdn Bhd, Exis Tech Sdn Bhd and VDP SUCCESS STORIES The event, held in August 2017 with the under the VDP from RM4.88bil in December Paradigm Precisions Components Sdn Bhd In 2016, there were seven national cham- theme "Excelling in the Digital World", saw a 2016. (manufacturing sector). pions and their success stories served as an total of 2,152 visitors, participants and exhi- During the Vendor Development Pro- The AKI remains a coveted award among inspiration to others. bitors. gramme Consultation Council (MPPPV) meet- industry players to vie for as it serves as rec- The companies are Swis Resources Sdn It was co-organised and jointly sponsored ing, Mustapa said: 'To date, we have 21 ognition for continuous development, excep- Bhd, Daya OCI Sdn Bhd, FM Media Sdn Bhd, by MITI, UEM Group Berhad, SIME Darby anchor companies and we hope it can be tional leadership and significant growth Muzamal Industries Sdn Bhd, Foresight Berhad and MIDF. increased to at least another five quality com- through vision and mission. Industries Sdn Bhd, Artisan Hartamas Sdn Among the activities included 58 booths, 14 panies, whether it is government-linked or More information on the AKI can be Bhd and Indkom Engineering Sdn Bhd. anchors conducting business matching, private-owned companies." obtained on the MITI's website at http://www. All seven firms are parked and guided by financial consultation and pocket talks, as The minister also said in order to facilitate miti.gov.my/index.php/pagesMew/3894. .