Asia Pacific Procurement Team Award
WINNER: Port of Tanjung Pelepas
Entry Overview
PTP’s procurement team has embarked on a series of high-impact initiatives to drive impressive performance on a variety of levels. From generating savings of 45% from a local fabrication project to implementing a vending machine for MRO materials and establishing a supplier framework agreement to reduce cycle time and supply risk, the busy team has succeeded on several fronts.
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Judges’ feedback
“Wide-ranging structural change across several departments to create a streamlined, effective, supply chain function with clear direction.”
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Category partner
DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank’s “AA-” and “Aa1” credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 14 consecutive years from 2009 to 2022.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.