Budget & CAPEX cannot stop you!

It is not easy when businesses have to juggle between the decision on cost-cutting or improving productivity, especially during these times. The budget freeze, the labour shortage, while at the same time, you need to push up the sales. Businesses, especially manufacturers, are often time the one that felt the most pinch in this situation. That’s because the profits of the company very much depend on how fast can you get each product out with the lowest cost possible. Covid-19 has caused a never-before situation where even businesses are now facing a cost-reduction need while having to maintain a high level of output to ensure the company stays afloat. Two of the most common ways is to CAPEX and budget freeze, limiting the purchasing of assets and machineryLabour reduction, reducing the cost of operations However, this decision often contradicts each other, because both cause an issue that needs each other…