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CHALLENGES & OPPORTUNITIES OF MANUFACTURING IN FIJI

CHALLENGES & OPPORTUNITIES OF MANUFACTURING IN FIJI. Lot 1 Baka Pl, Laucala Beach Estate P.O.Box 5211, Raiwaqa , Fiji Islands Ph.: (679) 3345 854 Fax: (679) 3345 320 Email: chf@comforthomefurnishing.com Web: www.chf - group.com. MUNUFACTURING BEDS FOAM LOUNGE WOODEN FURNITURE.

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CHALLENGES & OPPORTUNITIES OF MANUFACTURING IN FIJI

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  1. CHALLENGES & OPPORTUNITIES OF MANUFACTURING IN FIJI

  2. Lot 1 Baka Pl, Laucala Beach Estate P.O.Box 5211, Raiwaqa, Fiji Islands Ph.: (679) 3345 854 Fax: (679) 3345 320 Email: chf@comforthomefurnishing.com Web: www.chf-group.com

  3. MUNUFACTURING • BEDS • FOAM • LOUNGE • WOODEN FURNITURE

  4. BEDDING

  5. FOAM PLANT

  6. LOUNGE SUITE

  7. WOODEN FURNITURE

  8. HOTELS & RESORTS

  9. RETAIL STORES

  10. EXPORTS

  11. CHALLENGES FACED BY CHF MANUFACTURING • Increasing Costs • Inadequate skilled Labor

  12. Cost Raw Material + Labor + Overhead Cost Selling Price + Profit

  13. Cost Scenario 1 Scenario 3 Sale Price Profit Raw-Material Overhead Labor Maintain Scenario 2 Maintain

  14. CONTROLLING COSTS Raw Materials – Find Alternative Sources Labor – Increase Efficiency By Increasing Volume Output Overhead – Cost Cutting

  15. COST

  16. COST In Order to Counter for the Increasing costs, We need to Increase Volume or Market Share. That Includes looking at the Export Market.

  17. SKILLS In-house Training to Upgrade Skills Inadequate Skills Inefficiencies Employ Semi-Skilled/unskilled Decreased Production Rate Skilled Migration Cost to Employ skills Skilled migration Training

  18. Opportunities of Manufacturing In FIJI

  19. Manufacture to Substitute Importation

  20. Manufacture to Export Compete Against Asian Markets in Our Region Advantages: Familiarity with the Region & the People Able to Ship Mix Container Loads Lower Cost of Shipping MSG & SPATECA Agreements

  21. Fiji Has The Potential To Become The Manufacturing Hub Of The South Pacific

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