As one of the engines running behind economic progress, the Machinery and Equipment (M&E) subsector is among the driving force across sectors, especially in manufacturing and services. It is such a key player in the Industry Revolution 4.0 that should it ‘break down’, it would not be long before we spin and crash on the highway to global economic collapse.
Perhaps it is this cautiousness that makes the M&E subsector so reluctant to risk. Most of those within the M&E subsector tend to stick to traditional methods of business that ‘has worked before’. But in today’s fast-paced business environment, the approach of “if it’s not broke, why fix it” does not do much for productivity. As more developed nations become more competitive and adapting to new technologies, this perspective needs to be challenged so the nation does not get left in the dust.
Gearing up Malaysia’s M&E subsector
Addressing this challenge, the M&E Productivity Nexus (MEPN) was created – a solution consisting of four M&E sectoral initiatives identified by the Malaysia Productivity Blueprint (MPB) to boost productivity across companies of all sizes. Led by Mr. Mac Ngan Boon,President of Machinery and Engineering Industries Federation (MEIF), the four initiatives are:
1. Set up partnership between government and industry associations to up-skill existing employees;
2. Set up Centres of Excellence for skilled professionals to share industry expertise and develop new technologies;
3. Update domestic product standards to be at par with international standards and enforce compliance; and
4. Set up more product testing facilities to ensure standards are met.
High performance: Focusing on the nuts and bolts
Collaborating with institutions, MEPN has since launched targeted initiatives that tackle problems at its core – from the grassroots.
These impactful initiatives aim to bridge technical skills gaps, establish manufacturing standards, enhance operations, streamline regulatory processes, groom potential companies for the global market and create dialogues on issues faced by the M&E subsector. Working to improve the fundamentals to ensure efficient clockwork, MEPN is hoped to boost productivity levels that are otherwise hindered.
Like to know more or got ideas to share? Contact the MEPN secretariat at: