Economic slowdown, couples with inflationary pressure require immediate response to cost structure to ensure a low-cost base. Early warning indicators and adequate mitigating actions are necessary to minimize wastage, rework, defects, and excess manpower capacity to ensure sustainability of the business in challenging times. Cost composition between variable and fixed also needs to be addressed and realigned immediately. Further, a solid budget with the best estimates is necessary. Finally, a concise, clear, and accurate presentation of key ratios on production and finance are required for strategic decision making by senior management.
In consultation with our clients, we identify the challenges and cost related issues, and make necessary recommendations and remedial actions.
Click here Cost Reduction Service Datasheet for further details.
We are a multilingual firm, proficient in English, Malay, and Chinese languages.
For English/Malay speaking clients, please contact:
E-mail: megat.faizal@mfmco.my
Mobile: +6010 372 6830 (Call/WhatsApp)
For English/Chinese speaking clients, please contact:
E-mail: lee.mf@mfmco.my
Mobile: +6010 381 2996 (Call/WhatsApp)