Page 11 - Plastics News June - 2020

WEBINAR SERIES ON PROFIT LEADERSHIP

The Pandemic that is haunting mankind and economy is (SSA) put together this webinar series. This was the
unprecedented in the human history paralyzing the chance to seek insights from experts into how you can
entire global wealth. COVID19 is resetting the clock of systematically & scientifically rewire your entire
evolution and re-defining the rules of running any business to attain a new normal and a guaranteed
business. While whole of mankind is clueless to think of a brighter tomorrow.
revival strategy, there is hope for those who can OUR TARGET AUDIENCE:
challenge their organisational DNA by questioning the
Ÿ Success-oriented Business Owners
business value stream one step at a time.
Ÿ CXOs, Directors working towards Business
All India Plastic Manufacturers Association of India Strategies
(AIPMA) in collaboration with SSA Business Solutions

WEBINAR TOPIC AND SCHEDULE

Role of leadership to drive profitability 14th May 2020
Inventory cost optimization 19th May 2020
Manufacturing conversion cost optimization 21th May 2020
Material cost optimization 26th May 2020
Defect elimination – cost of poor quality 28th May 2020

ROLE OF LEADERSHIP TO DRIVE PROFITABILITY - This learnt about the impact of working capital on
st
was the 1 of a 5 session webinar series, that was profitability and how to develop strategy for optimizing
th
launched on Profit Leadership on 14 May,2020. The working capital through cash flow management as well
program was created to understand and develop short as emerging approach on inventory management. They
term recovery strategy for a quick fix and long term elaborated as to how there will not be enough liquid
sustenance strategy The attitude the business owners cash. The Business owners will have to find a way to
should have and the role they will play in terms of balance the Inventory and keep up the delivery to
recovery of the industry in the next one year. Also to customers on time. Demand driven material required
create an action plan for negotiating post COVID 19 planning is the emerging methodology that is coming up
scenario for achieving financial results, for taking the and giving substantial leverage on Inventory
advantage of new emerging opportunities and also of management systems.
trade shifting from China to India. MANUFACTURING CONVERSION COST OPTIMIZATION -
rd
st
INVENTORY COST OPTIMIZATION - Our second session on 21 May, 2020 was our 3 successful session. In this
was on 19th May, 2020. During this session the attendees session, people understood how to create Short term and

June 2020 11 Plastics News