In order to attain this desired growth, manufacturers need to re-engineer their business processes, to ensure that the strategic, tactical and operational levels are synchronized to have an efficient operation, effective supply chain and excellent human capital management.
The manufacturing industry experienced financial slowdown during 2004 due to governance and economic uncertainties such as: administration turn-over, unstable prices of crude oil in the world market, and other factors that made industry players to hold back and wait for stability. Many industry players are still optimistic that the manufacturing industry will be able to make progress these coming years. As more and more foreign entities are expected to invest and avail the benefits which our country offers like tax incentives and vast resource of human capital resulting to the generation of more job opportunities.
aclt on its 24th Year! Nationwide simulataneous celebration starts on August 8, 2020.