Supply Chain Management Terms folder launched

By Eunice Hilda Ampomah, GNA

Accra, Sept. 13, GNA – A compendium of Supply
Chain Management Terms written by Professor Douglas Boateng, Africa’s first
ever appointed Professor Extraordinaire for supply and value chain management
has been officially launched in Accra.

The 900-page terminologies book aimed at
serving as a guide for organisations, schools and individuals associated with
Supply Chain to adopt better mechanisms for successful production and
distribution.

Prof Boateng said a five-year purposive global
study on supply chain management, had established that major gaps still existed
in knowledge and understanding of the field which negatively impacts on economic
growth, industrialization, national development, and increasingly social
stability.

He said much of his research and writings over
the past 20 years have focused on the power of the various aspects of supply
chain management and in particular, procurement, logistics and transportation
to effectively facilitate industrialisation, job creation and broader
socio-economic development in developing economies like Ghana.

He noted that: “Having already witnessed in my
life time, the spectacular transformation through value chain thinking in
developing economies like China, South Korea and even in South Africa and more
recently, up and coming Rwanda, I strongly believe that Ghana can fast track
industrial driven growth agenda to benefit the ordinary citizen”.

Prof Boateng explained that the all-inclusive
single supply chain management reference guide is a one-stop sourcebook for
supply chain related terminology, definitions, abbreviations and calculations
alphabetically organized for ease of use, adding that all entries have been
carefully selected for their relevance to public and private professionals,
academics, and students alike.

He mentioned that there are supply chains
within Banking and Finance, Tourism, Insurance, Healthcare, Education,
Agriculture, Manufacturing Petro-chemical, Media, legal, Transportation,
Information Technology, Consulting, Aviation, Water and sanitation, Disaster
management, Defense, fishing within government entities and departments.

Prof Boateng said when the state’s policy
makers are aware of the processes of supply chain, then their actions will
positively impact on the whole citizenry, adding that he has therefore printed
275 copies of the reference guide freely for all Members of Parliament.

He stressed that he has also printed 200
copies for state owned enterprises across the country and 500 copies to other
private institutions and universities across the country free from a charge.

Mr Emmanuel Eze of HP Incorporated on behalf
of the Company honoured Prof Boateng for his quest to contribute economically
in the progress of Africa and beyond. 

Prof. Raphael Tabani Mpofu, Dean of School of
Business Leadership of the University of South Africa (UNISA) said the guide
would deepen the understanding of stakeholders in supply chain and promote
growth of businesses across the continent and beyond.

“Looking at the continent and the problems we
face, we need people like Prof Boateng who can dedicate his time which is the
most important commodity for the progress of Africa and the world,” he said.

On behalf of UNISA, Prof Tabani Mpofu
commended Prof Boateng for initiating an idea and dedicating years for the
compendium adding that it would allow policy makers to formulate scientific
policies to guard and grow industrialisation.

President Nana Addo Dankwa Akufo-Addo in a
speech delivered on his behalf said it is important that the government and
other private bodies apply supply chain management for promotion of
industrialisation and natural resources.

He said the guide will not only serve as a
reference book for students and organisations but improve export potentials,
provide value for money, and promote development in various sectors of the
economy.

He commended Prof Boateng for thinking about
the growth of humanity especially Africa and thinking about the future of the
African child in all his works.

GNA

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