Goal Setting

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Goals/ KRA's KPI's Due Date

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Proper organization reporting system, daily, weekly, monthly, quarterly & annual
financial reporting. Production, Purchase, Warehouses monthly, quarterly & annual
effeciency reports

Foods Solutions, Financial coordination & reporting (Targets, every 10 days flash
report, route plans compliance reports, daily, weekly, Monthly, Quarterly, Annual sales &
receivable reports. Monthly & Annual Vans & Warehouses cost reporting)

Improved process 35.0%

Monthly & Annual Food Solutions warehouses stocks, sales & receivable reconcilation
operations
Financial budget 2016

Bank Account Management ( Monthly reconciliation, bank statement & daily account
position reporting to GM & Headoffice)
Compliance with local laws & regulations concerning taxes, licensing, compliance,
quality control, and maintenance of safety requiremen

Make deliveries in time and reduces inventory levels to hold only the minimum stock
PERSONAL MEASURES

required.

New Product Costing & existing products costing review (quarterly)

Reduce Cash transactions by 10%

Cost Optimization 25.0% Cost savings by increasing the % of managed spend within the total spend(total
products & services).
% of managed spend=managed spend/total spend x100 (greater the %, means more
cost savings)

Negotiate, Negotiate, Negotiate policy should adopt regarding to receive the highest
possible price for your products and pay the lowest possible price to your suppliers and
vendors

Improve skills and knowledge that can be immediately applied at work, like Improved
performance versus budget/ reduced costs.
Monthly & Annual Factory, Raw material, WIP and finished goods stock reconcilation &
Training for inventory managenment
A meeting of all employees should be scheduled once per month to discuss
Training & 20.0% management actions, policies, plans, benefits, or other employee related topics.
Development
Identifies and analyzes problems; formulates alternative solutions; takes or
recommends appropriate actions; follows up to ensure problems are resolved & train
the other staff.
Review and Analyse the existing policies & procedures in the organization

Successful Financial Audits and Taxation

Financial Internal audit reports quarterly & Annually

Customer 20.0% Maintain financial health of company in terms of working capital. A working capital
Satisfaction greater than 1 indicates that your company can cover its current liabilities.

On Time Payments to Supplier, Cash flow management, Supplier payments &

Customer recovery.
100.0% total % should be 100%