May I analyses caused of behind budget for both of figures order intake and invoiced out compare last year coming from as following
1. External factors which uncontrollable;
Thailand Economics were stunted since last year due to we are transforming and changing the structure in government so their spending money for infrastructure, transportation system and agriculture investment are very slow and carefully (because they worried and would to have much more transparency investment) and also the export products are strict (Sea Food, Rice, Sugar and Rubber etc.) which affected from TIP report and ICAO issued by pressure from US and also EU Country.
Above reasons that affected to our key customer sector such as Sugar Mill, Food, Cement, Petrochemical and Rubber, they almost pending to expansion, revamp, renovate or any investment they just wait and see for good news and policies from Government, anyway we are a little bit fortunately we can capture the order from customer for MRO jobs because we have more MRO customers in our data bases. And this Economics situation It make a lot of new players of trading firm in the Market which import products from low cost countries to compete with us in the market and they make our customer have more power bargaining to us. Finally If we cannot maintain and deliver VALUE to them we have more chance to lost this customers in future
2. Internal factors
We have problem regarding delivery time of products to offer and deliver to customer that might be caused from our Communication among customers and supplier, Our internal process, Our inventory etc. anyway now we are focused and review all transactions to improvement, and after we settled I hope to go fast to filling gap and closely our target as we expect of this year.
Should you have any furthermore information pls. feel free to let me know