Industrial training report: Jasa Merin (Labuan) PLC

Mat Asripin, Nurdina Suhada (2023) Industrial training report: Jasa Merin (Labuan) PLC. Industrial Training. Faculty of Business and Management. (Unpublished)

Abstract

Jasa Merin (Labuan) PLC (JML) is widely recognized as a ship-owning corporation that specializes in the energy transportation industry. JML is one of the subsidiaries for Marine and General Berhad (M&G) who owns and charters Clean Petroleum Products. Their vision is to become the preferred supplier for energy transportation by sea in Malaysia and Southeast Asia region. The company place values on safety, environment, staffs, clients and shareholders. My responsibilities as an intern included uploading payments, processing crew payroll and reimbursement claims, and creating payment vouchers. Throughout my internship, I reported directly to Encik Irwan Abu Shah, Senior Account Executive at JML. The high quality and variety of the tools and equipment provided by the company facilitate my day-to-day operations. In addition, I enjoy working here because of the outstanding qualities displayed by every member of staff and every division. JML possessed strengths such Integrated Operations, Highly skilled Workforce, Optimized Department Team and Good Relationship with Clients. However, they are lacking in areas such Financial Performances, Space for filing and storing, Cash Flow management and IT Resources. Opportunities that could be helpful to the organization include Automation and technological advancement, Increase in Foreign Demand, Advanced external marketing and PR and Government Contracts and Subsidies. Cost of Environmental Hazards, Increased Oil Prices, Economic and Financial risks and Infrastructure limitations all pose threats that the company must be prepared to address. There are a few recommendations based on the TOWS Matrix that the company may use to effectively utilize internal and external elements. To be more precise, it produces combinations of SO, WO, ST, and WT. SO combinations suggest for Alternative Energy Technologies, Safety and operational procedures, Gain Public Recognition and International Expansion Efforts. WO combination suggest for Offsite Storage Facilities and Hiring more IT Personnel. ST combination suggest for Regular Inspections and Maintenance, and Vessel Design and Specifications. Finally, WT combination suggests for Efficient Invoicing Practices and Risk Mitigation Strategy.

Metadata

Item Type: Monograph (Industrial Training)
Creators:
Creators
Email / ID Num.
Mat Asripin, Nurdina Suhada
2021155797
Contributors:
Contribution
Name
Email / ID Num.
Advisor
Ab Kadir, Mohd Sufian
UNSPECIFIED
Subjects: L Education > LC Special aspects of education > Types of education > Professional education > Interns. Internship programs
L Education > LG Individual institutions > Asia > Malaysia > Universiti Teknologi MARA > Melaka
L Education > LG Individual institutions > Asia > Malaysia > Universiti Teknologi MARA
Divisions: Universiti Teknologi MARA, Melaka > Bandaraya Melaka Campus > Faculty of Business and Management
Keywords: Industrial training, Internship, Jasa Merin (Labuan) PLC
Date: 2023
URI: https://ir.uitm.edu.my/id/eprint/95426
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