A plastic based product manufacturing industry in Ras Al Khaima industrial area faced the problem of excess production capacity due to demand shortage. After a detailed study of the future operation and profitability of the business, it is recommended to reduce the size of the business.
Size reduction is a challenging task, since it should not affect the smooth and effective operation of the business.
Lima made a systematic step-by-step reduction in size and saved the business from heavy loss.
The achievements are:
Reduction in Investment: 39%
Increase in Profit: 26%
Increase in capacity utilization: 26%
Reduction of liability to total investment: 30%
Reduction of Risk index
- Plastic industry
- Ras Al Khaima, UAE
- All departments
- Restructuring by reducing size
- AED 320 Million