challenges & opportunities of manufacturing in fiji

CHALLENGES & OPPORTUNITIES OF

MANUFACTURING IN FIJI

Lot 1 Baka Pl, Laucala Beach Estate

P.O.Box 5211, Raiwaqa, Fiji IslandsPh.: (679) 3345 854 Fax: (679)

3345 320Email:

chf@comforthomefurnishing.comWeb: www.chf-group.com

MUNUFACTURING

- BEDS- FOAM- LOUNGE- WOODEN FURNITURE

BEDDING

FOAM PLANT

LOUNGE SUITE

WOODEN FURNITURE

HOTELS & RESORTS

RETAIL STORES

EXPORTS

CHALLENGES FACED BY CHF MANUFACTURING

• Increasing Costs

• Inadequate skilled Labor

CostRaw

Material +

Labor +

Overhead

Cost

+Profit

Selling Price

Sale PriceProfit

CostRaw-

MaterialOverhead Labor

Scenario 1Scenario 2Scenario 3

Maintain

Maintain

CONTROLLING COSTS

Raw Materials – Find Alternative Sources

Labor – Increase Efficiency By Increasing Volume Output

Overhead – Cost Cutting

COST

Minimize Costs

Increase efficiency

Increase Volume

Grow Market

Better Selling Price

COST

In Order to Counter for the Increasing costs,

We need to Increase Volume or Market Share.

That Includes looking at the Export Market.

SKILLS

Inadequate Skills

In-house Training to Upgrade

Skills

Inefficiencies

Skilled Migration

Employ Semi-Skilled/unskilled

Decreased Production Rate

Skilled migration

TrainingCost to

Employ skills

Opportunities of

Manufacturing In FIJI

Manufacture to

Substitute Importation

Manufacture to ExportCompete Against Asian Markets in Our

Region

Advantages:Familiarity with the Region & the People

Able to Ship Mix Container LoadsLower Cost of Shipping

MSG & SPATECA Agreements

Fiji Has The Potential To Become

The Manufacturing Hub Of The South Pacific