Tuesday Nov 05, 2024
FT
Tuesday Nov 05, 2024
Tuesday, 5 November 2024 00:52 - - {{hitsCtrl.values.hits}}
Inventive Polymers Lanka Ltd. (IPL) was honoured with the prestigious ‘National Award of Excellence for Best Supply Chain Practicing Organisation 2024’ under the small-scale special commendation category at the National Supply Chain Excellence Awards 2024.
This event was organised by the Institute of Supply and Materials Management (ISMM) in collaboration with the Industries Ministry.
The awards celebrate the dedication of professionals striving for excellence in the supply chain field. By acknowledging their achievements, the ISMM aims to inspire others to contribute to the growth and development of the sector.
This remarkable achievement reflects IPL’s unwavering commitment to innovation, efficiency, and sustainability in its supply chain operations. Founded in 2018 as a subsidiary of Spectrum Trading Company Ltd., a member of the Stafford Group, IPL quickly established itself as a leader in developing recyclable polymer products. The company’s state-of-the-art manufacturing processes, including advanced plastic injection moulding and rigorous testing protocols, enable it to produce high-quality items like the SLS-certified Shako motorcycle helmets, catering to riders seeking durability and safety at an affordable price.
The award underscores IPL’s strategic approach to enhancing productivity while minimising environmental impact through cutting-edge technology and strong partnerships. By focusing on research and development, the company continually adapts to market demands, ensuring it implements best practices that exceed industry standards.
This recognition highlights IPL’s outstanding operations and its goal of building a strong, flexible supply chain that meets the evolving needs of its customers. As IPL continues to innovate in polymer solutions, this accolade serves as a testament to its commitment to quality and safety, particularly in its Shako helmets, which aim to improve road safety and reduce injuries.
The recognition at the National Supply Chain Excellence Awards marks a significant milestone for IPL, reinforcing its position as a benchmark in the industry and inspiring the company to push the boundaries of polymer technology and supply chain management.
IPL also maintains a strong focus on research and development, with several products currently in the design stage.
