- NUS Business School Receives $150,000 Gift from Yamato Holdings Co., Ltd for Research on Green Logistics and Supply Chain Innovations
13 October 2011
From left to right: Head of Department Prof Teo Chung Piaw and his colleagues from Decision Sciences Department Dr Liu Qizhang and Assoc Prof Mark Goh who are part of the research team, Kenji Maeda (MD, Yamato Asia Pte Ltd), Makoto Kigawa (CEO & President, Yamato Holdings Co., Ltd), Prof Bernard Yeung (Dean, NUS Business School)
The National University of Singapore (NUS) Business School and Yamato Holdings Co., Ltd launched the Yamato Faculty Research Fund today, with a generous gift of S$150,000 from Yamato Holdings Co., Ltd.
The fund will be used to support research in the area of green logistics and innovative delivery operations using business analytics. NUS will receive matching grants from the Ministry of Education for the gift.
Yamato Holdings Co., Ltd is a leading company of Japanese home delivery market. Mr Makoto Kigawa, Chief Executive Officer and President of Yamato Holdings Co., Ltd, said: “As part of our Corporate Social Responsibility (CSR) efforts, we are happy to be able to contribute towards research and education in NUS Business School on sustainable development that will have a positive impact on businesses and the environment.”
Professor Bernard Yeung, Dean and Stephen Riady Distinguished Professor of NUS Business School, said: “The efficient operation of a supply chain is almost a prerequisite to the success of any organisation. We are grateful to Yamato Holdings Co., Ltd for its generous gift. This donation will enable our logistics and operations faculty and students to carry out research into green logistics and innovative delivery options.”
According to Professor Teo Chung Piaw, Head of Department of Decision Sciences at NUS Business School, who is working with a team of NUS researchers related to this fund: “There are a number of exciting research areas that we will embark on with this new research fund. One of them is the study on innovative practices in green transportation, where we will conduct research into sustainable practices in delivery operations, so as to reduce fuel consumption and carbon dioxide emissions, as well as develop business analytics to improve urban transport operations in Singapore.”
Mr Makoto Kigawa presented a cheque of S$150,000 to Professor Bernard Yeung, after his talk at NUS Business School on “The Power of the 'Last-One-Mile' Approach" today. The “Last-One-Mile” approach was developed by Yamato Transport Co., Ltd to go beyond logistics management to create business efficiencies for those in the supply chain, as well as benefit their customers.
For more information, please contact:
Senior Manager, Corporate Communications
NUS Business School
Tel: (65) 6516 8996
About Yamato Holdings Co., Ltd
Established in 1919, Yamato Transport Co., Ltd. is a leading company of Japanese home delivery market. To improve convenience for our customers, it is constantly putting itself in its customer’s position and working to add extra value to its services.
It delivers 1.3 billion packages per year, which is the top share of the market since Ta-Q-bin service launched in 1976.
Currently, it is not only improving service quality but also developing new offerings, targeting business areas where future growth is anticipated. In creating new businesses, it is focusing on three functions; information technology (IT), logistics technology (LT) and financial technology (FT), to further achieve growth in Ta-Q-Bin
Ta-Q-Bin operations started in Shanghai and Singapore in January 2010 and Hong Kong in February 2011. Yamato Group will continue to expand Ta-Q-Bin operations further beyond Japan’s shores into Asia, where vigorous growth is expected. By providing high-quality Ta-Q-Bin service and offering global consumers new value, unavailable outside of Japan today, it will strive to become a leading provider of distribution and lifestyle support solution services in Asia.
About NUS Business School
Established in 1965, National University of Singapore (NUS) Business School is known for providing management thought leadership from an Asian perspective, enabling its students and corporate partners to leverage global knowledge and Asian insights. This combination of global expertise and Asian acumen is reflected in all aspects of its research, teaching, and industry outreach. As Asia’s Global Business School, NUS Business School is a leading authority on business in Asia.
The school has consistently received top rankings in the Asia-Pacific region by independent publications and agencies, such as The Financial Times, Economist Intelligence Unit, and QS Top MBA, in recognition of the quality of its programmes, faculty research and graduates. The Financial Times ranked the NUS MBA 23rd in the world in 2011 and the school’s Asia-Pacific Executive MBA programme 27th in the world in 2010.
In the latest Forbes rankings for two-year MBA programmes, NUS Business School was ranked the top school in Singapore and Asia, and fourth among business schools outside the United States, the first time a Singapore business school has made the list. In addition, the Quacquarelli Symonds (QS) list ranked NUS Business School first in Asia and 15th in the world for accounting and finance, the two subjects that employers identified they prefer. Also, QS Global 200 Business Schools 2009: The Employers' Choice Survey rated NUS Business School graduates third in the Asia-Pacific region.
The school is accredited by AACSB International (Association to Advance Collegiate Schools of Business) and EQUIS (European Quality Improvement System), endorsements that the School has met the highest standards for business education.
The school has more than 110 research faculty, over 2,500 BBA, MBA, Executive MBA, and PhD students; more than 2,000 annual participants in Executive Education programmes; and over 45,000 alumni in diverse organisations and positions of leadership throughout the world.