Identifying Potential Strategic Options that Telford Engineering might pursue, taking

into account the Suitability, Acceptability and Feasibility of the Strategic Options

• COST CUTTING is a key strategy to turn around.

• Comes under Crisis Stabilization, wherein our top priority is to improve our immediate Cash Flows following the MEXIT.
• We have already outsourced much of the Accounting department functions which has helped save costs.
• Alternative Source for all material imported from CETA can be found may be from a major domestic supplier. Our aim will
be to find supplies of same quality for same or better price, in order to reduce the adverse impact of potential increase in
material costs due to weakening of M$ against C$.COST REDUCTION
• MARKET EXPANSION
• Telford Engineering can take MEXIT as an opportunity to expand its foreign markets beyond CETA.
• Although exports volume to CETA will fall, the potential weakening of M$ can be used as an opportunity to deal with other
countries as they will find our products more affordable now.
• This will help us fill the Revenue Loss created by reduced exports to CETA.