According to recent news, the government announced that Malaysia would lose another RM35 billion on top of the estimated amount of RM63 billion losses, should the Movement Control Order (MCO) be extended another month. With the economy in a position of high uncertainty, the nation has moved to the Conditional MCO where most economic sectors were allowed to operate from May 4. As businesses race to keep up with this new norm, Plus Solar discussed how businesses can bounce back and adapt to this current situation in a recent webinar titled “Embracing the New Norm: Now and Beyond MCO." The insights and initiatives from this webinar were featured in Bernama news and Bernama Malay.
Find the Bernama Coverage below:
The implementation of the Movement Control Order (MCO) and the new normal have pushed businesses to transform and identify offerings that can provide solutions for customers in such pressing times, Plus Solar Systems Sdn Bhd chief executive officer (CEO) and co-founder Ko Chuan Zhen said.
He said the company recognises that sustaining overheads is a real pain for businesses with the highest costs being raw materials, human capital and electricity; therefore, it is focused on helping them reduce overheads, specifically electricity costs.
"To execute this, we are providing free energy clinic consultations for businesses to help check a building's energy consumption and provide advice on optimum usage," he said at a recent webinar titled “Embracing the New Norm: Now and Beyond MCO.”
Other panellists were AmBank Group managing director, business banking, Christopher Yap and LH Plus CEO Callum Chen.
Ko said cost remains a concern for solar energy investments at a time when businesses are looking to just stay afloat.
He said to address this, the company has put in place a zero upfront investment plan for businesses to install solar solutions, thus enabling businesses to enjoy energy cost savings upon installation and transform the way they are consuming electricity.
"Be swift to seize the opportunities. Strengthen your position with the new norm through timely transformation. Never waste a good crisis for there are opportunities even then,” he added.
Meanwhile, Chen said businesses need to pivot their mindset, learn to diversify and optimise their productivity, and transform their business to stay afloat and to compete in today’s new world.
“At LH Plus for example, we initially sold only to the United States market but due to the concentrated risk, we later expanded into Japan,” he said.
Chen said this also ensured the company’s manufacturing floor is running at optimum productivity throughout the year including off-peak periods.
“Also, we adopted non-cyclical trends such as disposable medical products that do well in economic downturns, since demand for the products and services continues regardless of the state of the economy,” he added.
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Bernama Malay Version
Bernama Malay: Plus Solar bantu perniagaan jimatkan kos elektrik
Pelaksanaan Perintah Kawalan Pergerakan (PKP) dan kebiasaan baharu telah mendorong perniagaan untuk mengubah dan mengenal pasti penawaran penyelesaian kepada pelanggan dalam tempoh yang mencabar ini, kata Ketua Pegawai Eksekutif (CEO) dan Pengasas Bersama Plus Solar Systems Sdn Bhd Ko Chuan Zhen.
Beliau berkata syarikat itu mengakui bahawa menampung overhed begitu sukar bagi perniagaan yang kos tertinggi mereka adalah bahan mentah, modal insan dan elektrik, justeru, syarikat itu memberi tumpuan untuk membantu mereka mengurangkan overhed, terutamanya kos elektrik.
“Untuk melaksanakannya, kami menyediakan rundingan klinik tenaga secara percuma kepada perniagaan untuk menyemak penggunaan tenaga bangunan dan memberi nasihat mengenai penggunaan yang optimum,” katanya dalam sesi webinar bertajuk ‘Memanfaatkan Norma Baharu: Semasa dan Selepas PKP’ baru-baru ini.
Anggota panel lain yang terlibat dalam webinar itu ialah Pengarah Urusan Perbankan Perniagaan Ambank Group Christopher Yap dan CEO LH Plus Callum Chen.
Menurut Ko, kos kekal menjadi kebimbangan dalam pelaburan tenaga solar ketika perniagaan berhasrat untuk terus bertahan.
Bagi menangani masalah ini, beliau menjelaskan syarikat itu telah menyediakan pelan pelaburan sifar pendahuluan kepada perniagaan yang ingin memasang penyelesaian solar yang membolehkan mereka menikmati penjimatan kos tenaga semasa pemasangan dan mengubah kaedah penggunaan elektrik.
“Rebutlah peluang ini dengan segera. Perkukuhkan kedudukan anda dengan norma baharu ini menerusi transformasi yang tepat pada masanya. Jangan sesekali mensia-siakan krisis yang baik kerana peluang masih ada,” kata Ko.
Sementara itu, Chen berkata perniagaan perlu mengubah pemikiran, belajar mempelbagaikan dan mengoptimumkan produktiviti dan mentransformasi perniagaan mereka agar kekal bertahan dan bersaing dalam dunia baharu pada masa ini.
“Di LH PLUS misalnya, pada awalnya kami hanya menjual di pasaran Amerika Syarikat, namun, akibat risiko tertumpu, kami kemudiannya berkembang ke Jepun,” katanya.
Jelas Chen, ini juga bagi memastikan pembuatan syarikat menjalankan produktiviti secara optimum sepanjang tahun ini termasuk ketika di luar tempoh puncak.
“Kami juga mengamalkan trend bukan kitaran seperti produk perubatan pakai buang yang baik ketika kemerosotan ekonomi memandangkan permintaan terhadap produk dan perkhidmatan seumpama itu adalah berterusan tanpa mengambil kira keadaan ekonomi,” tambahnya.
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Media Source: Bernama & Bernama BM
Author: Bernama
Photo Credit: Plus Solar
Disclaimer: The contents of the reposted article have been edited to represent Plus Solar’s brand and services to its truest nature.