SMART STRATEGY MINIMIZE OPERATING COST TO GAIN COMPETITIVE ADVANTAGE
October 26, 2023
Arif Budi Sulistyo

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SMART STRATEGY MINIMIZE OPERATING COST TO GAIN COMPETITIVE ADVANTAGE Image
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Rising energy costs can have a significant impact on companies, particularly electricity and fuel price at company who major producer of Liquid Caustic Soda (LCS), Vinyl Chloride Monomer (VCM) and Polyvinyl Chloride (PVC) in Indonesia. It also leads manufacturing cost of the main products LCS, VCM and PVC are high to begin with, and tends to increase within the last 4 months, about 19%, 4% and 3% respectively. It then rise the question how to overcome those situation? (1) What sectors are having major contribution that affect manufacturing cost increment? (2) What actions plan should be taken to cut the extra expenses? (3) For long term operation, what is the ultimate planning to eliminate dependency to the raw material suppliers, as improvement in term of cost, reliability supply, and efficiency?(4) This book will try to discuss them comprehensively. Then, offering any possible answers that could be rational solutions for the company.

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