Question: This quarter, we strategically addressed supply chain challenges like potential material delays due to supplier commitments. By securing a long-term supplier agreement, we avoided disruptions
This quarter, we strategically addressed supply chain challenges like potential material delays due to supplier commitments. By securing a long-term supplier agreement, we avoided disruptions that could create bottlenecks and impact productivity. Additionally, workforce shortages in key areas can create further strain on operations. An additional 10 people were hired for Q3. We went from a labor surplus of 18.9% in Q2 to 28.6% in Q3, which created an excess of labor, adding to costs. Increasing production in the new market will require additional units and labor, so no layoffs were made. To ensure no workforce shortages in key areas, cross-training initiatives were introduced to enhance flexibility, enabling employees to cover multiple roles as necessary. These measures have stabilized the supply chain, ensuring continuity and mitigating risks for future operations. Furthermore, raw materials and production output remained consistent with planned targets. Such combined efforts have strengthened operational resilience and positioned us to better navigate uncertainties in subsequent quarters
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