To present finance for Manufacturing Managers:

ILM teams up with CIMA

The Institute of Lean Management (Pvt) Ltd, ILM has organized a one day workshop on Finance for manufacturing Managers in association with CIMA on September 2 at the Galadari Hotel, Colombo.

The Trainer is Richard Peiris Group Group Finance Manager Mallik de Silva. Mallik is an associate member of CIMA and Institute of Chartered Accountants of Sri Lanka who has experience in the mercantile sector in diverse roles as Accountant, Tax consultant and Finance Manager having served at Reckitt and Colman, Ceylon Tobacco and Ernst and Young. He is a founder member of the Wisdom business academy and a lecturer of repute having over 10 years of experience as a part time lecturer at CIMA. In professional training, he specializes in training non financial managers and relaunched the Finance for non finance managers in 2006 hosted by CIMA and also the Finance for HR managers program which was the first of its kind.

Today many manufacturing organizations are struggling to survive and have taken various initiatives to reduce the cost. 5S, Kaizen, Total Productive Maintenance, Lean Manufacturing, Six sigma are some key initiatives organizations have already taken to proceed with less investment. Nevertheless, big initiatives that require huge investment such as Business Process Reengineering (BPR) , Restructuring, Value engineering, value manufacturing and value innovation have also taken place in our industries.