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Transcript of Agro-Horticulture
AGRO-HORTICULTURE CORPORATION SDN.BHD.
processing of food
warehousing and logistic to farmer
APPOINTED DIRECTOR MANAGING DIRECTOR
I would accept whatever action,include closing down or selling this company. If you fail all of you FIRED!
1.loss before taxation of RM 335,056
2.ineffective system for planning and control
3.poor working capital management
4.inappropriate performance evaluation & rewards system
loss on EBIT= (RM 335, 056)
Increase in administrative expenses and staff salaries
expenses on employee training
high manufacturing cost
Planning and Control
Difficulties in forecasting customer demand
Unable to meet the sale and gross profit margin for three year
Shortage of staff
DELAYING PAYMENT FROM THE CUSTOMER
LOW IN NET WORKING CAPITAL
Evaluation & Reward System
everybody is good
Irrespective of the financial performance of the company
Employee not fairly evaluated based on their performance
Collect debt as soon as possible
- Credit term by 30 days (fresh) & 60 days (process)
Focus on Hypermarket & Retailer to collect debt.
reduce the salaries of staff especially for driver expenses.
enhance the performance evaluation and reward practices.
reduce unnecessary expenses on staff training.
enhance the export quality standard of packaging.
New recruits in the future must be more enthusiastic in their jobs
The supervisor need evaluated fairly their employee
New recruits must take a keener interest in the company’s operations.
convert the international segment to domestic segment in term of exporting local fruit
need a good business information system
assess to reliable market information and need market intelligence
Hire a staff to fill vacancies