We are proud to win the Gold Award in the Smart Manufacturing Award category at the Hong Kong Institution of Engineers (HKIE) Industry Award 2023. The awards ceremony was held at The Salisbury – YMCA of Hong Kong on April 18, 2024. Our Group Chief Operating Officer, Ir Dr Alvin Lai, represented Leo to accept the award on behalf of the company.
The HKIE organized this award to recognize and celebrate the outstanding achievements of local industries in Hong Kong that have made significant strides in improving manufacturing productivity, product quality and innovation in real industrial settings. The Smart Manufacturing Award, which is one of the three categories, specifically acknowledges the companies who are applying fully-integrated and collaborative manufacturing systems that can respond in real time to meet changing demands and conditions in the factory supply chain network and customer needs.
Leo has been committed to maintain its competitiveness and sustainability in today's rapidly changing business environment. Since our Lean implementation in 2007, we have been at the forefront of adopting smart manufacturing practices. Building upon this foundation, we launched the Leo "Factory Next" initiative in 2018. This initiative aims to enhance operational efficiencies and better meet market and client needs through real-time, data-driven production operations and new applications in manpower and technology. Our proactive approach has been integrating Lean enhancement, agile manufacturing and ERP. As part of our smart manufacturing implementation, Leo recently established a centralized control center that will serve as a data platform for capturing real-time data and enabling prompt actions and decisions throughout the entire production process. These digital solutions have significantly improved our operational efficiency and resulted in notable achievements in sales performance, productivity, quality, energy efficiency and risk management.
Looking ahead, Leo will further strengthen the implementation along the supply chain delivering unique value and facilitating sustainable growth for our group, customers and stakeholders.