Inventory Management: From Just-In-Time To Just-In-Case And Implications On Your Cash Flow
Note: Join our B2B Community here if you like this post. From a supply shock caused by a pandemic to ships getting stuck in the Suez Canal, the last several years have seriously strained the conventional “just-in-time” (JIT) inventory approach. Given the inability to build a Second China to serve as a backup, what […]
Why Integrating Procurement into Operations Drives Business Resilience
Note: Join our B2B Community here if you like this post. Many businesses still view procurement as a standalone function. Yet, integrating procurement within the operations remit presents significant strategic benefits, especially for organisations aiming to increase agility, control costs, and strengthen supply chain resilience. Recent global events, from pandemic-related disruptions to incidents like the […]
How to Improve Financial Management at Your Business
Note: Join our B2B Community here if you like this post. Financial management is indispensable for any company of any size. Proper financial management is crucial, whether you are a new business owner or have been in business for a while. As a small business owner, understanding your finances is essential to running your business. […]