Remaining Cost Competitive in New Normal

Faced with significant revenue decline and slow recovery prospects, companies are now focused on maintaining or improving profitability.

Faced with significant revenue decline and slow recovery prospects, companies are now focused on maintaining or improving profitability.

Given the unique scenario, typical cost reduction measures such as reducing manpower costs or scrapping improvement initiatives may render a company’s competitive position at risk. A prudent approach should be of identifying cost reduction opportunities in product offerings, supply chains, and customer service operations when aligning those with new normal. 

Umang Gotal, Managing Partner of IAC Partners will share perspective on these cost reduction levers, their methodology and supporting client.

About the speaker

• Umang Goyal, Managing Partner,  IAC Partners Singapore

Umang has more than 17 years of experience, including 12+ years in the Strategy and Operations Management Consulting in the APAC region.

He has extensive experience of solving complex problems and driving transformations in supply chains of global and regional (APAC) companies across Consumer, Life Sciences, Automotive and Industrial Products.  Umang has led proof of concepts for clients on Supply Chain Track & Trace and Anti-counterfeit solutions using emerging technologies such as Blockchain and brings in-depth knowledge on the topic.

Umang is also heading Supply Chain and Procurement practice for IAC Partners globally.

Terms and Conditions

Since the implementation of the Circuit Breaker, the French Chamber of Commerce has organised several Covid-19 related webinars to provide our members with the most relevant and important information to navigate in this unprecedented situation.

From 1 June 2020, all Covid-19 related webinars remains free of charge while our sectorial committee meetings are priced at the usual member rate of 10SGD to ensure that we can continue managing our ancillary costs.

We warmly thank you for your loyalty and efforts to support our business community.

• Please note that full payment is required upon registration, and once paid, registration fees are non-refundable.