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Enhancing Competiveness Through Higher Productivity

Enhancing Competiveness Through Higher Productivity. Sri Lanka Economic Summit 2013 Perspectives from Rubber Glove Manufacturing Dr Mahesha Ranasoma 10 th July 2013. Overview - DPL.

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Enhancing Competiveness Through Higher Productivity

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  1. Enhancing Competiveness Through Higher Productivity Sri Lanka Economic Summit 2013 Perspectives from Rubber Glove Manufacturing Dr Mahesha Ranasoma 10th July 2013

  2. Overview - DPL • DPL Group is into Manufacturing, Plantations (Tea and Rubber) and Marketing. DPL Group is a member of the Hayleys PLC • Focus today will be on our Global Business in Hand Protection Solutions with Latex Gloves • We operate in 70+ Countries with Major markets being Europe and N+S America • Cater to General Purpose HH, Medical Examination Gloves and Industrial Gloves • Highly competitive industry with different cost structures based on country of manufacture, with almost all such manufacturing countries being located in East Asia

  3. Our Challenges in the Global Market • Cycles of economic turbulence • Increase price sensitivity • Reduce demand • Challenging times to develop new business • Varying degrees of regulatory mechanisms and enforcement • Stronger Safety Regulation help the business outlook • Strong enforcement of regulations enable authentic products and consumer safety • Volatile raw material prices • Countries with lower cost bases versus SL trigger significant price pressure and margin erosion • Energy, labour cost and productivity, environmental regulations, views on societal costs of doing business

  4. Strategic Responses • Value Creation in the E2E Supply Chain • Raw Material, Production Processes, Post-Production Processes, Delivery Logistics and Service Excellence • Focus here is on Cost, Quality and Delivery • OEE, QA, Lean Processes - We need to leverage the talent pool to enhance productivity as a continuous process • Innovation • Products, Services, Processes and Business Models • Focus here is on understanding hand protection needs, R&D, Service, Continuous Improvement and Striving for Excellence as opposed to Competing • Ethical Manufacturing • Risk Management, Stakeholder Engagement, Care for Environment • Focus here is on integrated sustainability • Business Continuity, Social Responsibility and Integrating Environmental dimension into everything we do is what it means

  5. Our experience with productivity and competitiveness is about…In a nutshell… Innovation E2E Supply Chain Value Creation Retaining and Growing Market Space Ethical Manufacturing

  6. Thank You

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