Chapter 43 Major Vulnerabilities
After Hu Xiaohu served as the general manager's special assistant, Yang Lu deliberately stayed in the company for three consecutive days.
During these three days, everyone was still cooperative.
On the fourth day, Yang Lu was going to work on other things and handed over all the factory work to Hu Xiaohu.
On the fifth floor, except for Yang Lu and Hu Xiaohu's offices, there is a large gym opposite.
When Yang Lu is here, she will take time to go to the opposite side for a while to exercise.
Hu Xiaohu is not a boss, but an employee, so he cannot go to the gym to do activities during working hours.
More importantly, Yang Lu put him in this important position and obviously did not come to be a vase.
He had an independent office and sat high on the top floor of the office building.
But, after all, we have to speak by strength.
When Yang Lu was there, each department had important documents and materials, and when it needed to sign and verify, the department supervisor would send them in person.
However, Yang Lu is not in the factory now, except for Yuan Meiling, other departments send assistants to send them here.
Hu Xiaohu was not annoyed either.
After all, in the past two months, he has only been exposed to PQE's work, which is relatively single. However, the operation of a factory with more than 4,000 people has complicated processes and operation details.
He needs to calm down and be familiar with the current work status of various departments in order to truly understand the operation of the entire factory, and then participate in the decision-making of the factory, and even assist Yang Lu in controlling the entire factory.
Find the disadvantages of the factory and remove them, and find the weaknesses to make up for them.
At the same time, there are nearly twenty department managers of all sizes, and they need to gradually distinguish which ones are truly dedicated to the company, which are those who are scattered and who need supervision, and which are borers that need to be cleaned up.
The first thing he focused on was the financial statements of last month provided by the Finance Center.
Overall, the company is profitable.
During this period, the wages of employees are extremely meager, which means that the proportion of labor costs is extremely low. In addition, the unit price of customers is also relatively high, so as long as there are orders, they are basically profitable.
The turnover in October 2000 was 21.47 million.
The labor costs, including the wages of direct employees and indirect managers, totaled 3.62 million yuan, accounting for 16.86%.
The management and sales expenses, including water, electricity, transportation, rent, equipment and fixtures, office supplies, business communication, travel reimbursement, etc., totaled 1.52 million yuan, accounting for 7.07%.
The cost of raw materials, including all raw materials and auxiliary materials required for product production, and the scrapped materials during the production process, is included in the total amount of 12.5 million, accounting for 58.22%.
Since Guanda Electronics is a Hong Kong-funded enterprise and enjoys preferential foreign-funded tax policies, and electronic products enjoy export tax rebate policies, almost 100% of Guanda Electronics' customers are American and Taiwanese, so the tax rate is almost 0.
The total cost expenditure is 18.64 million, accounting for 82.16% of the turnover, so the net profit is 3.83 million and the profit margin is 17.84%.
If this profit margin is put within 20 years, it will be quite considerable.
However, Hu Xiaohu knew that during this period, as long as the profit margin of export processing was less than 20%, it would be considered extremely poor in operation.
The labor cost is already extremely low, and there is almost no moisture in this part.
The cost of management and sales is usually between 5% and 7%. This part may have a certain amount of moisture, but not much.
The key issue is the cost of materials!
Even after 20 years, the material cost of transformers is required to be controlled between 50-55%.
During this period, the material cost of transformer is usually required to be controlled below 45%, and even if the material scrapped during the production process is added, it will not exceed 47%.
Guanda Electronics' material cost actually accounts for 58.22%, which is more than 11% higher than its peers. It is equivalent to the monthly material cost of RMB 2.36 million more than other companies.
This is a shocking number!
However, Yang Lu took over the middle and was not familiar with the various costs of the transformer.
In addition, she also has to take into account the industries of Yuehua Hotel and real estate companies, and she has no time to take care of and research these things.
The most important thing is that the company is making profits after all, and she doesn't think there is anything wrong.
However, if this continues, ten years later, labor costs will soar, customers will reduce prices year by year, and the raw materials themselves are increasing prices, such a management model will only cause the company to go bankrupt quickly.
There are only two reasons for the high cost of materials.
The unit price of materials is too high, or the material is scrapped too much.
Hu Xiaohu checked the factory's raw material scrapping rate and basically controlled it within 2%, which is normal.
It is obvious that the unit price of materials is too high, which causes the material cost to be too high.
So he began to focus on the purchase unit price of raw materials.
Generally speaking, shop around.
The procurement of raw materials not only requires more than two suppliers, but also multiple suppliers to compare prices.
Logically speaking, after comparing multiple companies, the unit price of materials will not be ridiculously high.
After a week of observation, Hu Xiaohu quickly found out the trick.
I have to say that purchasing manager Zhao Chunbin is really a talent!
Every time he gives Yang Lu the unit purchase price of the materials he signs to Yang Lu, there are indeed three companies comparing it.
And every time I chose the lowest priced one.
There seems nothing wrong with this.
But he couldn't escape Hu Xiaohu's magical eyes.
Because the unit price of the three materials provided by Zhao Chunbin is different, the raw materials used are different.
For example, the main material for transformer is magnetic core, but the materials are different.
He asked A to quote the most expensive materials, B to quote the relatively cheap materials, C to quote the same with relatively cheap materials, but C to quote the same with relatively cheap materials, but C to quote the same with 1-2% cheaper than B to every time.
Obviously, Yang Lu himself is not familiar with the material of the transformer, so he naturally chose the cheapest manufacturer in C, and regarded B manufacturer as a substitute manufacturer, and directly excluded A manufacturer.
But she didn't know that the most expensive material used in a household was twice as expensive as the other two.
Zhao Chunbin obviously took advantage of Yang Lu's weakness of being unfamiliar with the raw materials and directly deceived her.
But there is a loophole in it!
Zhao Chunbin was able to deceive Yang Lu, but he shouldn't have deceived his immediate boss, Chen Zhengsheng, the director of materials.
However, Hu Xiaohu carefully checked the purchase quotation and found that Zhao Chunbin did not sign it to Chen Zhengsheng at all, but signed it directly to the general manager Yang Lu.
Logically speaking, for managers below the director, any documents must be signed and submitted by their direct boss before signing them to the general manager.
As Chen Zhengsheng's direct subordinate, Zhao Chunbin provided the procurement quotation information that he provided should be reviewed by Chen Zhengsheng.
However, Hu Xiaohu found that other information and reports of Zhao Chunbin, such as material delivery plan, monthly report of the procurement department, and other information, were signed by Chen Zhengsheng, but the purchase quotation was not signed by Chen Zhengsheng.
This is obviously approved by the general manager Yang Lu.
Otherwise, Yang Lu would have dropped the quotation on Zhao Chunbin's face long ago.
Why did Yang Lu acquiesce to Zhao Chunbin to bypass Chen Zhengsheng and sign and submit it to her?
This is obviously not in line with the rules!
Could it be...
What is the ambiguous relationship between them?
Hu Xiaohu thought of this.
Suddenly, my heart felt inexplicably painful.
He and Yang Lu are not considered a couple, but after all, it was a one-night couple's favor.
If that woman who had had sex with him would happen like this.
Perhaps, it was when he left Guanda Electronics sadly.
Although he would not marry Yang Lu, and Yang Lu would not marry him, he could not accept it after all.
With this question in mind, he solicited the answer from Yuan Meiling and finally understood the reason.
Three years ago, when Yang Lu took over Guanda Electronics from her ex-husband, Guanda Electronics was already in a loss state.
Management is extremely chaotic and people are distracted.
Even a group of management cadres were poached by Volt Electronics and Magnetic Electronics.
Guanda Electronics was shaky and on the verge of bankruptcy.
At a critical moment, Li Yahu, who was the production manager at that time, poached Yi Bin, Zhao Chunbin and Xiao Yiguang from other companies.
The four of them worked together to not only stabilize production and quality, but also reduce the cost of high materials.
The cost of materials back then was much higher than that now.
It is precisely because of the strong support of Li Yahu and others that Yang Lu quickly stabilized the situation.
Actually, it comes down to it.
Li Yahu, Yi Bin, Zhao Chunbin and Xiao Yiguang should have been regarded as confidants of General Manager Yang Lu!
Especially Zhao Chunbin, who has reduced the material costs for the company, is deeply trusted by Yang Lu.
Therefore, Li Yahu and others dared to be so unscrupulous and arrogant in the company.
Yang Lu was even more convinced of purchasing manager Zhao Chunbin. Considering that the unit price of materials purchasing is a company secret, the fewer people know the better, so even the approval of Materials Director Chen Zhengsheng was skipped.
This also gave Zhao Chunbin the opportunity to deceive Yang Lu.
After learning the truth of the matter, Hu Xiaohu finally breathed a sigh of relief.
Yuan Meiling looked at Hu Xiaohu's face with a smile, "Do you suspect that she has an affair with Zhao Chunbin and is jealous?"
Hu Xiaohu: “…”
"Don't be stupid. I've known her for twenty years. You are the only man who can make her favor."
Hu Xiaohu touched his face, "Is I so handsome? Why don't I know?"
Chapter completed!