eurekapd Chapter 380: Restructuring the supply chain and cooperating with the mainland
Chapter 380: Restructuring the supply chain and cooperating with the mainland
dong dong dong-
"Miss, this is the data file you requested."
Fu Ziyan glanced at her secretary Zhang Xiafei who came in to deliver a report, raised her hand to take the document and started to look through it.
Since April this year, the Hong Kong dollar has begun to depreciate due to the expansion of Hong Kong's trade deficit and uncontrolled money supply. Although the depreciation of the Hong Kong dollar is not large at present, Fu Ziyan knows that in the next few years, as the handling of Hong Kong issues progresses, the Hong Kong dollar crisis will reach its peak.
The Yuan Xi Hotel flagship store, located in the Hong Kong headquarters, will face this storm head-on.
She had to plan ahead to minimize the impact.
Fu Ziyan's eyes fell into deep thought for a moment, then she raised her hand and answered the intercom line. "Mu Mu, I remember that cruise dinner a while ago. Lin Baitong from Macau was also in attendance. Please arrange for someone to gather information on her chain of boutiques."
"Okay, Miss." After a pause, Mu Mu reminded, "Miss, the Xiang family's gambling king will have a small birthday party for his 85th birthday next Wednesday."
Eighty-five years old is not considered a full birthday, only a small birthday banquet will be held. However, if the eldest daughter plans to go to Macau, since she is both a relative and an elder, she must be present in person to celebrate the birthday, otherwise it will not be acceptable in terms of etiquette.
Fu Ziyan understood and reminded her: "Prepare the gifts for this year and for the future as well."
After taking over Yuanxi Hotel and opening Dream Land, it would no longer be appropriate to continue using my father's name.
"Yes." Mu Mu was a little surprised but did not show it. In previous years, the eldest lady only had to prepare gifts for friends. For business tycoons like these, the husband would give gifts in the name of the Fu family. From now on, she would have to pay for one.
As he was speaking, there was another knock on the door.
Fu Ziyan simply ended the call and called someone in.
"Miss." Zhan Qingdai walked in with documents, her expression calm, and a hint of joy revealed in her words. She quickly reported a series of situations including the revenue and passenger flow feedback of Dream Land in the first three days.
Fu Ziyan nodded. "Very good. Thank you to the entire team for your hard work. From the first month until the end of this year, the data for Dream Building Park must be continuously monitored. Instruct the finance department to triple the bonuses for everyone responsible for this project, including the frontline staff working on the park's operations."
"How is the Paradise Hotel?"
"We conducted an assessment and found that guest satisfaction is very high, but there will be a short period of busyness at the end of the evening park tour."
Fu Ziyan nodded. "The training team seconded by Yuanxi Hotel will also receive triple bonuses. If there is a shortage of staff during the busy period, the Human Resources Department will recruit externally to provide guests with the best possible stay experience."
"Regarding the feedback and suggestions regarding Dreamland, have Cangwu lead the team to discuss the rationality of revisions and improvements, and to formulate a specific plan for implementation."
"Regarding the food in the park..." Fu Ziyan flipped through the documents and put forward the requirements and work arrangements in just a few words.
"Yes." Zhan Qingdai took out a small notebook and quickly took notes.
"And..." Fu Ziyan smiled as she looked at the secretary who was taking notes diligently. "You've been working hard lately. I heard from Mu Mu that you've been too busy to have any dates. I asked Fuyue Department Store to send over some skincare products. Try to see if you can get back to your pre-overtime form. After this busy period, you can apply for three days of paid leave."
Zhan Qingdai looked up in surprise: "Thank you, Miss!"
Wow, wow, wow, without the eldest daughter, what boss would give her skincare products after overtime?! So what if she's haggard? She's got a triple bonus, a brand-name skincare product, and three days of paid leave in the near future. It won't be long before she's radiant again!
Fu Ziyan smiled softly and said, "Go out and call Zhang Xiafei in for me."
During her lunch break, Zhan Qingdai excitedly shared with her close friends her upcoming triple bonus and three days of paid leave. As for the skincare products, she only mentioned them in passing. The eldest lady would occasionally give them, like secretaries and assistants, souvenirs, but it wasn't unusual. What was rare was the thoughtfulness of the eldest lady.
As expected, I was surprised by the envy of my good sisters:
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"Qingdai must have done this on purpose! Ahhhh, I'm so envious!"
"Crooked? The police? I'm reporting this guy—he doesn't fit our style, get him out!"
"Hahahaha~"
While Zhan Qingdai was enjoying herself, Zhang Xiafei was busy organizing documents and scheduling meetings with various departments. The Dream Paradise project had come to a temporary halt, and the eldest daughter was shifting her focus back to the Yuanxi Hotel.
Fu Ziyan made an internal call and the senior management of Yuanxi Hotel held an additional meeting.
A senior executive hurried into the conference room and whispered to a colleague, "What's the purpose of this meeting, Mr. Fu? I was busy hosting a large tour group this morning, and right after lunch, my secretary called me to come to headquarters for a meeting. I had no idea what was going on, and I only brought last quarter's work report."
"I don't know the details, but I heard that Secretary Zhang personally went to the Finance Department this morning and collected a lot of income and expenditure documents and procurement documents."
"Could it be that Miss, ahem, Mr. Fu is planning to change the supply chain?"
"You never know. Didn't President Fu single-handedly oversee the overhaul of that region's supply chain when he was in Western Europe two years ago? It looks like the fire is about to ignite again."
The senior executives were whispering until the secretary pushed open the door of the conference room again, and the conversation suddenly stopped.
When Fu Ziyan walked into the meeting room, there was complete silence.
She raised her eyebrows and looked around, then calmly took a seat, clasped her hands on the table, and said with a smile, "Is everyone here? Let's begin."
Fu Ziyan tilted her head to look at her lower left hand: "Manager Qu, you will start analyzing the revenue of the head office last quarter."
Manager Qu nodded and talked about the information in his hand: "Last quarter's revenue was..."
One by one, managers or senior executives began to report at the secretary's signal. Fu Ziyan listened with a frown and a smile until the last person finished reporting, then she spoke.
"Last quarter's financial statements show..." Fu Ziyan briefly summarized, then offered her opinion. "In response to the depreciation of the Hong Kong dollar, I suggest restructuring the supply chain and shifting 30% of food procurement to local sources."
The hammer fell.
Most of the senior executives had anticipated this and were not shocked by what they heard. Instead, they began to analyze the situation of restructuring the supply chain one after another.
"The supply of high-end equipment, guest room supplies, and high-end food for the Hong Kong headquarters, as well as the Macau and Southeast Asian regions, is largely dependent on imports from Europe, the United States, and import and export companies. If Mr. Fu wants to change the supply chain, does he want to start from the mainland?"
Fu Ziyan nodded. "As you all know, my father and I went to the mainland last month to plan a joint venture to open a hotel. Although it's under my father's personal name and not part of the Yuanxi Hotel, this hotel is a pioneer, accumulating experience and connections for Yuanxi Hotel's future expansion into the mainland."
Someone expressed dissatisfaction, "Mr. Fu has already decided to expand into the mainland? Our hotel won't make much money if we position it in the mainland."
Although Yuanxi Hotel has both airport stores, business stores and high-end stores, which is a bit mixed, it is generally positioned in the mid-to-high-end market. Judging from the current economic level of the mainland, he is not optimistic about the mainland market.
"The mainland market will enter sooner or later. I'm very optimistic about its potential. It's a treasure trove. Hong Kong's economy is good, but it's still too small." Fu Ziyan said solemnly. Seeing some of the senior executives frowning in disapproval, she changed her tone and said, "But the mainland economy is really not up to par yet. We have to wait a few more years."
The people below breathed a sigh of relief.
dong dong——
Fu Ziyan suddenly raised the pen beside her and knocked it on the table. It was not a heavy knock, but it attracted everyone's attention.
"Entering the mainland is a long-term goal. In the short term, the focus is on restructuring the supply chain."
"The mainland's current economy is struggling, but labor is plentiful and cheap, making it a good fit for establishing a food supply base in the neighboring Pearl River Delta."
"Do you have any objections to this?" Fu Ziyan raised her eyes and looked around at the senior executives. The corners of her lips curled up slightly, and she wore a polite business smile, but her eyes were quite oppressive.
"Mr. Fu is right."
Given the "ceiling" of entering the mainland to open hotels, the "window" of cooperating with the mainland to provide supplies can indeed reduce supply chain costs, which seems insignificant.
Fu Ziyan is the only heir to the hotel after all, and currently holds the position of executive director. Even if they are senior executives, they are still just high-level employees, and it is not easy for them to go against the young master again and again. Besides, although restructuring the supply chain is a bit troublesome, it is indeed a cost-saving measure.
"Then Mr. Yan will be in charge of organizing the team, investigating mainland companies, and reaching supply partnerships. Mr. Sun will be responsible for investigating and supplying some daily consumables in Southeast Asia. Besides that..."
There was a lot of conversation going on in the conference room, and the conference assistant came in and refilled the coffee twice before it ended.
Fu Ziyan left the scene surrounded by her assistant secretary. Instead of returning to the office, she asked her bodyguard to drive her to the Fu headquarters building.
Although the distance was close, she was too lazy to walk.