07.04.2013 Views

Koh Ching Hong Managing Director South Asia David Colwell ...

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Operational focus on our top 5 priorities to deliver our<br />

Customer 1 st strategy<br />

Improving<br />

margin<br />

Controlling<br />

working<br />

capital<br />

Selective<br />

capital<br />

expenditure<br />

Focus on quality of revenues to leverage the market shift towards premium and<br />

luxury segments<br />

Tight gross margin management with upsell / mix management on each value<br />

driver<br />

Restructured the cost base to reduce headcount by 20% and total costs by £6m<br />

since 2007<br />

Proven processes in place to manage supply chain effectively<br />

Daily focus on aged stock over 3 months and debtors collection<br />

Closed non-customer facing pre-delivery and storage yards and consolidated<br />

two delivery centres<br />

Limited to necessary replacement items<br />

Continuing to deliver high returns through disciplined margin management and cost control

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