Inventory resource

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The goal is to reduce the cost of storing goods and increase their turnover.

Crisis management mechanisms:

Constant analysis of product balances . You need to conduct ABC analysis every week or every month to see which products bring more profit and sell faster.

High speed of selling off illiquid products . It list of guatemala cell phone numbers is necessary to develop a strategy for the prompt sale of illiquid products in order to return the invested money as quickly as possible.

Such measures make it possible to improve warehouse processes, reduce costs by increasing the efficiency of current assets, reduce the risk of illiquid assets and optimize areas. As a result, fast-moving goods will become more accessible to customers, which will increase their loyalty.

Financial resource
The goal is to increase the efficiency and transparency of financial distribution.

Management principles:

Decentralization of responsibility for finances - it is necessary that each department manager has his own area of ​​responsibility for financial resources.

Detailed financial planning - each department should have a cost planning system both in physical terms and as a percentage.

Evaluation of the efficiency of financial use - several (5 to 7) KPIs should be used, i.e. key indicators that allow one to evaluate the efficiency of financial use in the context of individual work parameters.

This will enable the company to optimize costs, increase profitability, and create conditions for investment and more effective planning.

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Alexander Kuleshov
Alexander Kuleshov
General Director of Sales Generator LLC
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Types of crisis management
Depending on the type of crisis, as well as the management goals, approaches may vary. There are three main types:

Reactive control
It is usually introduced when the crisis is already gaining momentum and urgent measures need to be taken in a short time so that the company can continue working. Such problems usually appear in the financial sector.