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Production and services

To Meet The Desired Quality and


Production Standard
Based on:
Haphazard, Analytical, Critical, Control
Points (HACCP) requirement
Best industrial practices

Reason
Vital common basis for buyers and
suppliers to understand product and
service requirements for their target
markets

A Few Outlets Incurring Losses


Reason
Non-strategic locations
High operating costs
Do not meet customers preferences

Activity-based costing (ABC)


Identify inefficient products,
departments and activities.
Allocate more resources on profitable
products, departments and activities.
Find unnecessary costs that may be
eliminated.
Fixing the price of a product or
service with any desired analytical
resolution.

Obtaining Customer
Feedback
Email and customer contact forms
Customer feedback surveys
Customer interviews

Accounting and Finance

Problems
Wholesale distributors were
defaulting
Mismanagement of:
Inventory
Account receivable
Poor asset management

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