Women working and leading businesses in the manufacturing industry - once considered suitable for men - may no longer be rare in recent years. On International Women’s Day on March 8, we would like to introduce an article by Ms. Bui Thi Hong Hanh - CEO of NC Network Vietnam, about her 15-year-long journey of accompanying and connecting Vietnam-Japan businesses in the manufacturing industry.
Expert Column
Weekly highlights
Improving production costs is becoming an increasingly important issue in the global manufacturing supply chain in the context of increasing competition and increasing fragmentation in the value chain of the supply chain - there , production is always at the bottom of the value chart.
In the typical cost structure of a supporting industry enterprise, raw materials can contribute 50% - 60%. According to the 80-20 principle, this is a key point in the management and improvement of costs of manufacturing enterprises.
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.