UPS helps nurture Singapore's Logistics and Supply Chain Management talent
SINGAPORE, 13 February 2008 - UPS (NYSE:UPS) today announced a scholarship grant of US$82,000 to The Logistics Institute - Asia Pacific at the National University of Singapore for four scholarships offered by the Dual Master of Science in Logistics and Supply Chain Management program. The program is administered through The Logistics Institute - Asia Pacific, a partnership between the National University of Singapore (NUS) and the Georgia Institute of Technology, with additional funding from the Singapore Economic Development Board (EDB).
The source of funding for the scholarship grant is The UPS Foundation. Founded in 1951, this charity arm of UPS is committed to improving the quality of life in communities where UPS employees live and work, often through grant programs and initiatives. Last year, The Foundation donated nearly US$46 million to charitable organizations worldwide.
"This is our fourth scholarship donation to The Logistics Institute - Asia Pacific since 2001. We have seen four students graduated from the Dual Masters Program and work for UPS since then. With this year's grant, four new students will benefit from the scholarship," said Ken Torok, President, UPS Asia Pacific.
"Our partnership with UPS on the Dual Master Program is an important part of NUS' ongoing collaboration with the industry. This is also a unique program where graduates receive two separate Masters from two top universities. Not only will students earn dual Masters that is sponsored, they will also receive valuable working experience from a market leader like UPS," said Professor Tan Eng Chye, NUS Deputy President (Academic Affairs) and Provost. Prof Tan is also the Chairman of The Logistic Institute - Asia Pacific Advisory Board.
Graduates of the Dual Master of Science in Logistics and Supply Chain Management will receive a Master of Science in Logistics and Supply Chain Management from NUS, and a Master of Science in Industrial Engineering from the Georgia Institute of Technology.
UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the flow of goods, information and funds. Headquartered in Atlanta, USA, UPS serves more than 200 countries and territories worldwide. UPS's stock trades on the New York Stock Exchange (UPS) and the company can be found on the Web at www.ups.com.
The National University of Singapore (NUS) is a multi-campus university of global standing, with distinctive strengths in education and research and an entrepreneurial dimension. Its diverse and cosmopolitan community of 23,500 undergraduate and 9,000 graduate students from 100 countries contributes to a rich learning and living environment. A special feature of NUS education is the global dimension of its courses in partnership with some of the world's best institutions. NUS also enjoys a close teaching-research association with 14 national-level, 18 university-level and 80 faculty-based research institutes and centres. For more information on NUS, please visit www.nus.edu.sg.
The Logistics Institute - Asia Pacific, established in 1998 with a research emphasis, is a collaborative effort in logistics research and education between the National University of Singapore and the Georgia Institute of Technology. The Institute has developed research excellence in the areas of Supply Chain Intelligence, Supply Chain Optimisation and Supply Chain Technology.
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