Steve Lai has been in the industry of purchasing, supply management, marketing and sales for more than four decades. Steve graduated from Tulane University in New Orleans, Louisiana, U.S.A. and holds the degree of Master of Business Administration. He is the Honorary Chairman of SMIT (Supply Management Institute, Taiwan), he was recognised for his contributions to this institute when he served as the Chairman from 2001 to 2006. He also served as the Executive Director for CPSS (Center for Purchasing and Supply Studies) - a research unit that was jointly established together with SMIT and being the nation’s leading business schools. He is also appointed as Board Member to IFPSM (International Federation of Purchasing and Supply Management) by SMIT. His noted work includes proposed and organized a cross-industry alliance to promote the Value Network platform with the global semiconductor industry manufacturers and initiated and developed the Taiwan’s Purchasing and Supply Management certification programme as the C.P.P. - Certified Purchasing Professional.