Initiatives Achievements • Productivity Gains: Enhanced yield improvement and improved Operational Expense Ratio (OER). • Estate Digitalisation: Leveraged Internet of Things (IoT) for real-time monitoring, predictive maintenance, and precision agriculture to optimise estate operations and reduce inefficiencies. • Innovation in R&D: Advanced R&D efforts to develop elite planting materials with improved disease resistance, higher oil yield, and better adaptability to climate conditions. • Yield Growth: 15.56 MT per Ha (FY2024) • Oil extraction rate (OER) Enhancement: 20.61% (FY2024) • Estate Transformation: Implemented IoT technology for smarter, more efficient estate operations with Tanalink. • Mechanisation Expansion: Expanded mechanisation for hilly areas in 2024. OPERATIONAL EXCELLENCE & DIGITALISATION Key Focus Areas Strategic Capital Deployment • Focus on key pillars such as process improvement and technology adoption. • Accelerate digitalisation and automation through the Plantation Transformation Task Force (PTTF). Enhancing efficiency through process improvements, automation, and the adoption of modern technology to drive sustainability, optimise asset utilisation, and improve productivity across the value chain. • Strengthen key operational areas through strategic replanting, optimised crop recovery efficiency, and the implementation of Good Agricultural Practices (GAP). • Advance digitalisation, automation, and mechanisation to enhance operational efficiency. • Increase milling efficiency by expanding capacity and optimising processes. • Strengthen labour strategy through ethical recruitment practices that comply with all applicable International Labour Organisation (ILO) standards. Achieve sustainable growth through eco-friendly practices, advanced technologies, and resource efficiency to drive profitability and long-term success. Short to Medium-Term Priorities Long-Term Priorities Strategic Thrusts: Material Matters: SDGs: EI BD DS OE Financial Capital: Invests in productivity-enhancing initiatives, cost optimisation programmes, and strategic mechanisation efforts. Manufactured Capital: Deploys mechanisation technologies, optimised estate layouts, and modernised milling processes to increase yield and reduce operational inefficiencies. Social and Relationship Capital: Strengthens supplier engagement and industry partnerships to drive best practices and ensure reliable raw material supply. Human Capital: Focuses on upskilling workers in best-in-class operational standards, safe mechanised harvesting methods, and highefficiency milling practices. 61 COMMITMENT TO STAKEHOLDER VALUE CREATION Sec 04
RkJQdWJsaXNoZXIy NDgzMzc=