One common reason behind restructuring a company is usually to downsize the workforce. The changing nature of economy may force the business enterprise to adopt new strategies or alter their product mix, making staff redundant. Similarly, cutthroat competition and pressure on margins from competitors who adopt a low price strategy may force the company to look at lean techniques, just over time inventory, and other measures to reduce input costs and achieve process efficiency.
Of late, one commercial center promising high values and returns is the online food ordering business. It's no big surprise that greater part of diners and eateries have moved forcefully towards receiving an online food delivery portal which can help them in exceeding competitors and enhance profit quotient.
Vijay Eswaran accomplished his higher education in the prominent universities in the UK and the USA. He has an inspiring academic and professional record of doing work for renowned companies IBM, in very conscientious positions, before time for Asia in early 90s, when he decided to turn entrepreneur. Vijay Eswaran was the co-founder and executive chairman of Qi Group Of Companies that was initiated around 1998, marking the first step if this type of iconic figure into the life of operator. Qi Group Of Companies an e-commerce based business conglomerate that includes a presence in a very wide plethora of sectors including technology, telecommunications, retail, education, travel & leisure, wellness, luxury products, watches, training, wellness and even corporate investment. The 13-year old QI Group has its own regional offices in Hong Kong, Singapore, Malaysia and Thailand as well as a strong presence in nearly 30 countries by way of a massive amount subsidiary companies.