presentation listed the pitfalls at length and shared the dangers of low pricing in competition amongst themselves. While Satish listed the difficulties and shared the envisaged consequences in this path, Samir Patkar went about listing solutions to produce cost effectively with lesser downtimes, lower wastages, and stemming the outflow due to not using expensive equipment to optimum capacity.
International Label Guru Mike Fairley commented on my above report! I reproduce his full email as below;
More attention needs to be paid to financial management. Do companies really know the full cost of indirect costs/overheads
Attracting new (profitable) business has become a major challenge