This article, "10 principles for improving production cost," continues the research findings and experience of P&Q Solutions in consulting, training, and the processes that guide our improvement, lean transformation, and capacity building programs from the previous article.
Expert Column
In the context that businesses must operate in an environment of rapid changes with the increasing impact of the industrial revolution 4.0 and deeper international integration, Knowledge is emerging as a key resources, having a direct impact on the organization's competitiveness and sustainable development.
“In fact, quality culture is a factor that itself can change on a wide range from very bad, very harmful for production and business, to very good and very beneficial for production and business. . You have a good piece of land, if you do not intend to plant flowers, it will not remain empty land forever, grass will quickly grow on this land.”
The balance and effective use of capital in each specific period will help the company turn the business plan from idea to reality.