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MANUFACTURING EXCELLENCE AWARD
MAXA represents the highest global standards
in manufacturing innovation and excellence. It is a celebration of
manufacturing in Singapore and the outstanding operations that are
located here. Through a judicious framework and assessment by a panel
of illustrious judges, MAXA aims to recognize exceptional examples of
successful Singapore-based manufacturing operations with long-term
sustainability.
The Award partners are the Economic Development Board (EDB), McKinsey & Company and the Singapore-MIT Alliance (SMA).
Singapore: A World-Class Manufacturing Hub
Singapore is a globally competitive
manufacturing hub for MNCs and local enterprises who leverage on our
highly-skilled workforce, sterling reputation and conducive business
environment. Manufacturing contributes to a quarter of
Singapore’s economy.
The Singapore government is committed to the
long term growth of the manufacturing sector and to sustaining its
contribution to Singapore’s Gross Domestic Product. EDB has also
committed to increase Singapore’s manufacturing output to S$300
billion by 2018.
MAXA FRAMEWORK AND PROCESS
A MAXA winner would be a manufacturing company or an operating unit within a
company that is . . .
| . . continuously innovating to
be successful in Singapore and
to compete globally, . . |
. . excellent and successful in its
operating system, . . |
. . and having sustainable
elements in place |
| 1. INNOVATION |
2. OPERATING SYSTEMS |
3. SUSTAINABILITY |
| Innovations in
manufacturing,
for example in: |
Manufacturing
excellence: |
Internal factors: |
- Process R&D/
Automation
- Product
Development
- Supply Chain
Management
- Intellectual Property (IP) creation, ownership, protection & exploitation
- Capability
Development
- Resource Utilisation
- Strategic
Partnerships
- Environmental
Conservation
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- Operational
Effectiveness
- Quality
- Safety
- Costs
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- Management
Infrastructure
- Mindsets and
Behaviours (Culture)
Business factors:
- Robust Financials
- Strong Customer
Integration
- Capacity for
Continuous Innovation
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Using the criteria shown above, the process for selecting the winner
consists of 3 phases:
- Phase 1:
Pre-screening. Applicants are expected to complete the enclosed
questionnaire. Short-listed companies will be
further assessed in Phase 2.
- Phase 2:
In-depth diagnostics. There will be a two-day visit planned by the
assessors to each short-listed applicant. The purpose is to assess
and validate the written submission of Phase 1, and to assess the
sustainability of the business unit and its processes. At the end of
Phase 2, the finalists will be identified.
- Phase 3:
Judges' Review. Each finalist will present their case to a distinguished
panel of judges who will then select the winner(s).
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