Counterstrategies for Rising Business Costs in China: Best Practices Sharing

Presenter(s):

• 

  Guilherme Campos , Alumna

  Manager, International Business Advisory
  

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Cost increases are one of the more challenging business management issues cited among foreign entities in China in 2022, according to recent business confidence surveys conducted by chambers of commerce in China. Among the many factors exacerbating this for manufacturers and SMEs include disrupted international supply chains, and the recent unprecedented fluctuations from localized pandemic control measures in the country. 

It is critical to have a coping plan prepared to improve business resilience, which allows businesses to focus resources on their core competencies. To achieve this, companies must adhere to several key components and tactical approaches for cost management in China, which we cover in this important 45-minute session. 

In this webinar, Guilherme Campos, Manager of International Business Advisory, introduced some practical cost control solutions covering IT, HR, corporate sustainability, and other management strategies while maintaining and improving the quality of your operation. 

Key Points:

• Understanding Cost Management and Why it is Important
• Introduction of Main Strategies of Cost Management
• Digitalize your Business
• Implementing a Smart HR Move
• Corporate Sustainability
• Summary and Q&A