4. Control your stock
A warehouse full of raw materials only means one thing: stranded cash. And that is that everything you have invested there will not be available to cover other types of expenses.
Moral of the malaysia number whatsapp story? Keep a more thorough inventory control so that you only have what you need at any given time.
Yes, we know that there is a very thin line between “just what is necessary” and “I am out of stock”; that is why it is essential to understand your business, your sector well and learn from the best, for example from Toyota with its JIT system .
But don't worry, you don't need the resources of a large multinational to have efficient management . With Anfix's Stock Management module, you can keep track of your warehouse in real time and schedule alerts to detect when the exact time has come to order more materials from your suppliers.
How many bank accounts does your company have? The more you have, the harder it is to keep track of your cash flow. However, technology can help you unify information and aggregate data.
