IDB SIGNED MOU WITH ISMM

Achieving targeted objectives via the emphasis of importance on supply chain management, the Industrial Development Board entered into a Memorandum of Understanding on Supply and Materials Management on the 10th of April 2023. It was conducted as proposed by the Institute of Supply and Materials Management (ISMM) in order to promote the Sri Lankan industries under the patronage of the Minister of Industries Dr. Ramesh Pathirana.
The implementation of this MOU will ensure an establishment of basic policy framework so as to manage the supply chain in the field whilst also making the process at the factories more efficient and productive.
Minister Ramesh Pathirana expressed his heartfelt gratitude to the Institute of Supply and Materials Management. With a history of half a century in the profession,, it is one of the leading Institute that produce professionals in the field of supply chain management.
He further added that it is essential to develop substitution for imports and export manufacturing industries in the future. This will facilitate micro, small and medium scale industries to carry out the supply chain management processes more accurately & efficiently.
The ISMM President, Mr. Jayantha Gallehewa thanked the Minister for leading the initiative to obtain Cabinet approval for declaring October 24th as the "National Supply Chain Day" in each year from the year 2022 onwards. Thereafter, an “Advisory Notes on Curative Measures to Streamline Supply Chain Processes to Achieve Enhanced Productivity” to the Government of Sri Lanka (GoSL) which was formulated subsequent to the International Seminar conducted by the ISMM was also presented to the Minister by the President.
The officials of Ceylon Industrial Development Board such as, Chairman Dr. Saranga Alahapperuma, General Manager Mr P.  L.  U.  Ratnamalala, Director of Engineering Mr W.  A.  P.  K.  Nishantha, Project Coordinator, Senior Engineering Assistant Mr Nandalal Lekamge and the President of the Institute of Supply and Materials Management Mr Jayantha Gallehewa, former President Mr Sarath Gamage, Vice President Major General Renaka Udawatta (Rtd), General Secretary Dr. Sanath Diwakara were present during this important occasion.