AS factories are forced to cease operations during the prolonged lockdown period, Malaysian companies are keeping a tight reign on its cashflow to ensure business sustainability.
For Kedah-based Central Global Bhd, a producer of industrial masking tapes and label stocks, its factory in Kuala Muda has about 170 staff with a majority of them being locals.
According to its executive chairman Datuk Faisal Zelman, the factory has a backlog of order to fulfil that will keep it busy until year end, but its operations have been severely affected due to the enhanced movement control order (EMCO).
“Even though we are still allowed to operate on a partial basis, being categorised as an essential industry (packaging) during the first MCO (MCO 1.0), we hope that the Government will consider applying similar regulations for the current EMCO as well,” he implored.
Due to its lean manufacturing process, costs are kept under scrutiny while maintaining productivity and quality through employee suggestion programmes and reward schemes, which are methods that should be adopted by more Malaysian companies awaiting the end of the EMCO. – July 24, 2021
