High value assets were used extensively in many big organization especially in the military. Most of the assets are used more than its useful and economical life. Therefore the purpose of this paper is to discuss on initiatives that can be used in maintaining and prolong the life of aging assets in Royal Malaysian Navy (RMN). The asset life cycle stages were discussed and allows research of this area. A review of literature and experiences within the Royal Malaysian Navy was used to propose a new way in order to maintain the assets for longer period without replacement. It is proven that by applying these initiatives it has increased the performance of the aging assets and able be used extensively. Exploring the initiatives on how to remain the operational activities for the RMN ships, the best way is to manage the aging assets as suggested. These initiatives are suggested to be the guidelines in other sectors especially for logistics and transports industry in future.
Making strategic decisions in a vigorous business setting is a challenge encountered by many organizations nowadays. Today, information is gathered all over the place and is rapidly expanding. Organization required powerful application and systematic system that could run in real time, provide insightful tracking for supply chains, logistics and operations that closely related to applications for sales tracking, hourly, daily to monthly production, financial, and many other sources of business data for purposes that consist of business performance management. Business Intelligence has a critical role in terms of organizational development as Business Intelligence (BI) be able to provide a competitive advantage in the context of achieving positive information asymmetry, that is, unifying and making useful heterogeneous data. However, the impact of BI and the relative importance of its insight on business performance have not yet been investigated. For this study, data were collected from a survey questionnaire of IT managers in 162 multinational companies in Malaysia and analyzed using the partial least squares (PLS) with the SmartPLS software. This research recommends that although BI and its insight contribute to management practices, the information requirements are diverse according on the level of uncertainty versus ambiguity characteristic of the organizations practice.
In the contemporary business global sphere, it is so problematic, if not impossible, for an organization to be competitively deprived of working in alliance, closely with external associates. The idea of Supply Chain Management, (SCM), arose in this track and strives to optimally manage the physical goods and/or services. Logistics is the key competitive factor in the manufacturing sector because of the innovative models’ variants and options. For instance, in Malaysia, the manufacturing sector is a major contributor to the annual GDP, hence, there is a need for sustainable technology that can project significant business operations and supply chain management impacts. But this is far from being the case in the contemporary. Based on the increasing logistics benefits, the importance of the assessment of logistics efficiency and impact is attracting increased consideration. Green Logistics (GL) involves not only the delivery of green products or services to customers but also the inclusive logistics flow of items from cradle to grave in addition to reverse logistics. Numerous green events and operations have been instigated, such as manufacture scheduling and network construction. This article aimed at investigating the innovative logistics practices relationship with the operations of third-party logistics service providers in Malaysia. To achieve this, the study engages a structured questionnaire survey. 256 questionnaire was retrieved out of 333 questionnaires distributed electronically and 27 questionnaires were rejected based on some parallel errors and 229 questionnaires was eventually analyzed This is 69% of the questionnaire. In the analysis, SPSS version 20 was utilized. The outcome showed that selection of vehicle type and procurement on quality, cost, and environmental impacts as the main feature of innovation in sustainability. Innovative green logistics serve as a moderating factor in the relationship between 3PLs service provider’s key performance factors and green logistics in the Manufacturing industry of Malaysia. Hence, it fulfills one of the key economic growth activities or operations under strategic thrust 2 of SPV2030.
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