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Orient Electric Ltd -Since 1954 image - Coggle Diagram

- - - - 2017 they invest more on their brand marketing
    - - Investments in R&D for new products
      - segments like smart home solutions and energy-efficient appliances.
- - - - Independent Audit
      - Adherence to Accounting Standards
      - Financial Transparency
    - - Equal Treatment of Shareholders
      - Management Integrity
      - Compliance with Regulations
    - - Clear Communication
      - Accessibility of Information
      - Disclosure of Material Information
    - - Sustainability Commitment
      - Stakeholder Engagement
      - Risk Management
  - - - independent directors with diverse expertise, promoting objective decision-making and mitigating conflicts of interest
    - - company has mechanisms in place to protect employees and stakeholders who report unethical conduct without fear of retaliation
    - - outlines ethical standards for directors, employees, and stakeholders, ensuring responsible and transparent behavior.
- - - - Orient Electric followed a centralized structure with decision-making authority focused at the top management level.
    - - functional departments like Marketing, Finance, HR, and various product divisions reporting to the CEO.
  - - - Breaking down departmental silos and fostering cross-functional collaboration can accelerate innovation
    - - decision-making at all levels, leading to faster and more informed choices
- - - - healthy debt-to-equity ratio ensured financial stability and flexibility for future investments
        
        2.6 ratio in 2017 then they are focus on reducing the debt
    - - optimize inventory management
      - logistics
      - cost control
        
        In 2022, they taken initiative in reduction for the raw materials purchase, and logistics
        
        expenses reduced by 3.2%
- - - - Developing flexible plans to adapt to and thrive under various potential future scenarios
    - - A culture of risk awareness within the organization through employee training programs and communication initiatives
    - - sophisticated risk modeling
      - proactive mitigation strategies
      - Early warning systems
  - - - ERM framework identifies, assesses, and prioritizes various risks across the organization, from operational to financial and reputational.
        
        Internal efficiency process has been grown
    - - Identified risks and their mitigation strategies inform informed decision-making and ensure preparedness
- - - - ceiling fans, air coolers, and home appliances.
  - - - Partnerships for smart home solutions and IoT-enabled appliances.
    - - Implementing new organizational structures to adapt to changing market dynamics
      - Streamlining business units
    - - Potential collaborations to expand reach or optimize production.
- - - - better understand cost drivers and allocate resources more effectively.
    - - monitoring progress to ensure continuous improvement
      - Setting clear cost reduction targets
    - - Partnering with suppliers to identify shared cost-saving opportunities
  - - - optimizes production, logistics, and inventory management
        
        15% of the sales has been increased in 2018
        
        Net profits are get increased by 5.2% of the over all past profits
    - - minimizing the raw materials purchase cut down the cost area
      - utilizing renewable energy sources where feasible
      - energy-efficient practices
        
        19.7% of thier expenses are reduced in the 2019
      - Operating profit margins witnessed a fall and stood at 5.6% in FY18 as against 9.4% in FY19.
      - minimizing in the water consumption
- - - - Premium appliances
      - energy-efficient products
      - Rural electrification
    - - Established reputation for quality and reliability
      - continuous innovation to stay competitive
    - - Fans
        
        1984 added in the portfolio increased their overall sales and PAT
      - lighting
        
        2006 added in the portfolio
      - switchgear
    - - Wide reach across India
      - strong relationships with distributors and retailers.
    - - quality assurance
      - cost control
      - Streamlined processes
  - - - Direct-to-consumer channels
      - partnerships with E-commerce platforms.
    - - sustainable practices
      - logistics optimization
      - Automation
    - - community engagement initiatives
      - R&D for cutting-edge technologies
      - Targeted marketing campaigns
    - - IoT-enabled appliances
      - personalized lighting systems
      - Smart home solutions