Industrial Product Price Index (IPPI) and Raw Materials Price Index (RMPI)

 DEFINITION
1. The Industrial Product Price Index (IPPI) reflects the prices that producers ireceive as the goods leave the plant gate. 

2. The IPPI excludes indirect taxes and all the costs that occur between the time a good leaves the plant and the time the final user takes possession of it, including the transportation, wholesale, and retail costs. 

3. The report also contains a measure of domestic producers' Raw Materials Price Index (RMPI)  which can be seen as a very loose leading indicator of the IPPI.

Singapore & Australia E-Commerce Logistics Market Forecast

1. Australia E-commerce Logistics Market is expected to generate USD ~ 10 Bn by 2026F owning to rising demand of door step delivery, increasing digitisation, reducing cost of packaging along with favorable government initiatives.

2. Singapore E-Commerce Logistics Market revenue is expected to generate USD ~2 Bn by 2026F largely due to high internet penetration & emergence of new players.

What Is Poka-Yoke And Why It Matters In Business

1. Poka-yoke is a Japanese quality control technique developed by former Toyota engineer Shigeo Shingo. Translated as “mistake-proofing”, poka-yoke aims to prevent defects in the manufacturing process that are the result of human error. 

2. Poka-yoke is a lean manufacturing technique that ensures that the right conditions exist before a step in the process is executed. This makes it a preventative form of quality control since errors are detected and then rectified before they occur. 

3. Fundamentally, poka-yoke is a lean manufacturing technique that ensures that the right conditions exist before a step in the process is executed. This makes it a preventative form of quality control since errors are detected before they occur. 

4. Of course, some process errors cannot be detected ahead of time. In this case, the poka-yoke technique seeks to eliminate errors as early on in the process as is feasible. Although the poka-yoke technique became a key part of Toyota’s manufacturing process, it can be applied to any industry or indeed any situation where there is potential for human error. 

TCFD-aligned guidelines for climate risk disclosure and management In Malaysia

 1. Climate change is posing new challenges to central banks and regulators whose main mandate is to ensure systemic financial stability. In Malaysia, many financial institutions (FIs) and the businesses they back are beginning to realise the importance of proactively addressing a wide array of physical and transition risks that can arise as the drive to build a low-carbon and climate-friendly economy intensifies.

2. For example, the increase in the frequency and intensity of extreme weather events can trigger irreversible financial losses. In turn, a system-wide transition towards net-zero, if successful, could also have far-reaching effects on critical economic sectors. Technological innovations and low-carbon solutions seen as game-changers will require businesses to make structural shifts to adapt to different realities. A new awareness about “green swan” events, defined as rare, extreme and sudden paradigm shifts brought about by this new type of systemic risk represented by climate change, has now emerged, and the financial sector knows it needs to move quickly to navigate the landscape when they occur.