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Accreditations cement
AS an institution that has provided
top-notch business education with
professional accreditation for over
four decades, Tunku Abdul
Signed,
sealed,
delivered
THE word “business” supply chain management, it is
encompasses a wide range of certainly a good time to be
concepts and activities. Logistics looking into this field.
and supply chain management is At Infrastructure University
one aspect of business that has Kuala Lumpur (IUKL), the
not received much public Faculty of Business, Information
attention. These management & Human Sciences offers the
skills are crucial, especially for Bachelor of Science (Hons) in
major businesses that require Logistics and Supply Chain
the delivery of goods. Management. This programme
The items seen on the shelves will give you insight and
of our favourite stores are understanding on the flow of
almost always available. Ever goods from the starting point to
wondered how the items get the end.
there? It is a process where the You will learn about the
goods move from the raw transport of goods and
materials supplier to the services through all types of
manufacturer, distributor, transportation, including air and
wholesaler, retailer and finally land transport. Working in this
to consumers. With the increase field, you may be involved in
of businesses that are becoming
more reliant on logistics and > TURN TO PAGE 4
4 Business, Accounting & Finance THE STAR, TUESDAY 19 MARCH 2019
city economies
which demands fast, efficient, accurate and distribution, freight forwarding, customs,
strategic business decisions. In making sure warehousing, inventories, consultancy, stock
goods are handled well and reach their analyst and other related routes.
locations at scheduled times, you may be If you are a person who hungers for a
required to visit warehouses, manufacturing challenge and believes this area suits your
plants or distribution centres to oversee the personality, then this programme is worth
process to its completion. pursuing. You will be involved in the
In addition, this programme provides you decision-making process of the organisation
with the opportunity to learn the various that you work for. “HOW many Earths does it take to support barren by tin mining. Now, it is a thriving
aspects of logistics operation management, To figure out which field of study is best for humanity?” was the question Prof and vibrant ecosystem, transformed from
including implementation and management you, book a free counselling session with Mahendhiran Nair, chief executive officer of wasteland to wonderland. Sunway has won
of systems, deployment of personnel, physical IUKL. Alternatively, you are invited to attend Monash Malaysia R&D and vice-president several awards, including the Green Building
facilities, raw materials, in-process the Info Day this Saturday and Sunday from (research and development) at Monash Index Award and Malaysian Institute of
inventories, finished goods, and related 10am to 4pm. Registration on the spot will University Malaysia, raised at the Malaysia Planners’ Low Carbon City Award.
information or services. entitle you to a RM3,000 tuition rebate. Urban Forum 2019. In terms of resource management, the city
You will also have the opportunity to learn Prof Mahendhiran was one of several practises trash separation and has run zero
directly from renowned logistics companies n For more information, call 1800 88 STUDY panelists at the forum’s roundtable on the food wastage initiatives. Its water treatment
through frequent academic visits, seminars (78839) or visit www.iukl.edu.my topic W2W: From Waste to Wealth, which plant conserves water and caters to all
discussed urban issues and solutions. In his commercial buildings. Natural gas and solar
presentation titled “Circular City Economy energy are used to generate electricity. The
and Realising Sustainable Development city promotes efficient transportation
Goals”, he held up Sunway City as an through bus, light rail transit and train via
emerging model city. public-private partnership arrangements.
Meanwhile, canopied walkways increase its
Sustainable consumption and citizens’ fitness and reduce the city’s carbon
footprint.
circular economies In view of future development, the Jeffrey
Cheah Foundation, established by Tan Sri Dr
The current human consumption of Jeffrey Cheah, founder and chairman of
natural resources is outstripping what the Sunway Group, has gifted US$10mil
Earth can supply. Water shortages, for (RM40.89mil) to the United Nations to
example, may affect two-thirds of the world develop the Jeffrey Sachs Center on
by 2025 because of inefficient agriculture, Sustainable Development in Sunway
pollution and climate change. Our use of University.
natural resources and manufactured Monash University Malaysia, a joint-
materials continues to increase and, venture partnership between the Sunway
subsequently, creates adverse impact on all Education Group and Monash University,
biological species. also actively contributes to the Sunway City
The looming risks from unsustainable sustainable city agenda. Nearly 300
consumption has led some governments and academics and 450 doctoral students are
cities to consider implementing a circular undertaking cutting-edge research in a wide
economy. range of areas such as smart transportation
A circular economy strives to preserve systems, river pollution, and the economic
natural resources while reducing and development of marginalised communities.
reusing waste materials. To ensure
sustainable development, economic
decisions must account for social,
Public-private partnerships are
environmental and health consequences in essential
all economic activities. In contrast, a
traditional linear economy devours finite Cities can play a pivotal role in enabling a
resources to create products with a shorter circular economy. To achieve this, however,
lifespan, which often end up discarded in the help of the private sector and multiple
landfills, rivers and oceans. stakeholders is needed. The successful
The European Union and some of its implementation of smart and sustainable
member countries have been at the forefront cities across the globe show that leadership
of implementing circular economy of the various stakeholders is critical.
initiatives. For example, the Netherlands In the case of Sunway City, the force
aims to realise a circular economy by 2050 behind the transformation of a mining crater
by maximising the smart reuse of raw into a vibrant township is the result of the
materials. Instead of simply producing or visionary and transformative leadership of
owning many goods, the focus is on services Dr Jeffrey Cheah. The Sunway City case
for sharing, renting, recycling and repairing. study provides valuable insight for other
Other cities in Europe have created a Malaysian cities and developing countries to
market for waste products, where they create a circular economy that has high
repair, reuse and remanufacture waste returns on investment for all stakeholders in
materials into those that create value for the economy.
society.
n For more information on Monash
Sunway, a smart city University Malaysia, visit www.monash.edu.
my or its Open Day this Saturday from 11am
In the 1980s, Sunway was a land made to 4pm.