AB „SNAIGĖ“ - NASDAQ OMX Baltic

Consolidated annual report for year 2008
2.9.14 The strategy of the activities and the prospective changes thereof during next financial (economical)
year
• To increase Company‘s profitability while concentrating trade export flows in the most profitable
markets
• To decrease the costs of goods sold for the products manufactured:
o while forming agreements with alternative materials, parts suppliers offering lower price for
their production;
o while improving manufacturing technology;
o while optimizing number of assortment units;
o while decreasing spoilage rate;
o while more effectively using secondary materials;
o while rejecting non-economic technological processes;
o while unifying construction, design and realization of the products.
• To increase efficiency of manufacturing while establishing efficiency programs and motivational
employee encouragement programs, improving manufacturing planning.
• To optimize operational costs.
2.9.15 The strategy of the activities and the prospective changes thereof during next financial (economical)
year
� To restructure company’s organizational and business structure adapting it to the economic downturn
and reduced demand:
o Optimize production by leaving one production shift;
o To reduce unnecessary functions and positions;
o To decrease administration size;
� Focus company’s sales to secure and profitable markets.
� To ensure company\s stock (both finished products and raw materials) more rapid turnaround.
� To continue cost optimization policies.
o In dealing with alternative and raw materials suppliers, offering more favourable prices for
their production;
o More efficiently using secondary raw materials
Prepared by UAB FMĮ „Orion Securities“ p. 36