NPO in collaboration with APO, Japan, hosted a Conference on Material Flow Cost Accounting(MFCA) at Serena Hotel Islamabad on 5th September, 2019.
National Productivity Organization (NPO), Pakistan is striving to cater with current resource gap and environmental issues in Pakistan. For many years, NPO Pakistan has been leading Green Productivity campaign (Resource Efficiency) in collaboration with national and international organizations especially with Asian Productivity Organization (APO), Japan. NPO Pakistan has served different clients to enhance resource efficiency, reduce per unit production cost and decrease CO2 emissions by minimizing input resources per unit of output production. Accordingly, as a result, up to 10% saving potential has been identified and developed relevant technical skills in up to 800 factory staff via classroom/ shop floor trainings.
Adviser to Prime Minister on Climate Change, Mr. Malik Amin Aslam was chief guest in the conference. In his address he said that the government has launched several initiatives to cope with climate change issue e.g. ten billion tree tsunami project and ban on plastic bags to ensure clean and green Pakistan. He also shared that the government is working on Electric Vehicle Policy under which thirty percent vehicles will be shifted on electricity up to 2030. Malik Amin Aslam said green productivity is imperative to make environment public-friendly and to reduce greenhouse gas emission to save the environment.
Chief Executive Officer, NPO, Mr. Abdul Ghaffar Khattak in his welcome speech greeted the participants in the conference and highlighted reasons to gather and its benefits thereafter. While sharing his views, he said that Technological advancement & artificial intelligence are reshaping the landscape of industrialization worldwide. Innovative industrial revolution for transforming economies is the only solution to catchup with the agile industrial development in this digital age. Wealth creating section of the economic pie in Pakistan requires fundamental realignment for value addition.
He appreciated APO for playing a pivotal role in transforming member economies and introducing programs on smart transformation for industry, agriculture and service sectors. The CEO added, beside these, APO programs on strategic foresight and development of productivity master plans are major breakthrough for APO member countries in the recent years.
He also admired efforts of all team members and stakeholders involved in the project. and valued the participating companies’ interest & understanding regarding the resource conservation and its need for their business profit, positive image and clean environment. Replication in the field will be carried forward by NPO team on Green Productivity for maximizing the outcome of activity.
Additional Secretary, Ministry of Industries & Production, Mr. Abdul Jabbar Shaheen in his key note speech congratulated NPO, Pakistan and APO, Japan for successful completion of the project and Developing the Demonstration Companies. He said that NPO, Pakistan is doing a good job under the Ministry of Industries & Production (MoI&P) for promoting optimal use of resources, which is a pre-requisite for competitiveness and meeting compliance to international standards. He also congratulated Islamabad Serena Hotel, Grand Engineering Private Limited, Lahore and Asian Food Industries Limited, Lahore for becoming Demo Companies on the subject of MFCA. He added that Material Flow Cost Accounting (MFCA) is an effective, productive and a cost-effective tool to achieve resource efficiency.
Mr. Aziz Boolani, CEO, Serena Hotels apricated the effort of NPO and APO to introducing the concept of Material Flow Cost Accounting (MFCA), which is relatively a new concept in Pakistan. MFCA is used by the manufacturing companies & others to improve material efficiency to support environmental management and eco-controlling. He appreciated the Japanese experts who led this project and visited Pakistan multiple times during the project. They shared Asian countries resource efficiency schemes, best practices and technologies that contribute to a sustainable development. The main objective of the mission was to share best practices on resource efficiency and examine their applicability in participating companies. Strong commitment from the top management remain a key success factor in this project. The demonstration companies will disseminate the applications of resource conservation/ management tools and techniques, share the achieved results, and encourage similar efforts by SMEs and public & private-sector organizations throughout the country.