Anyone who works in Purchasing knows that companies expect not only more effective control of the area, but also the ability to quickly provide results. significant that benefit the entire organization.
Even in the face of this demand, consultant Marcelo Velloso, a Supply Chain specialist, estimates that errors in the supply chain lead to a reduction in the margins of products sold that can vary from 9% to 20%, as we discussed in this article. another post.
What are the most common mistakes? Most of the time, the problems faced by purchasing professionals are related to financial management. The issue is often the sale of products or services at prices below cost or a lack of knowledge about the performance of the business itself. However, what really gets in the way of entrepreneurs/executives is the lack of discipline in financial controls and inadequate control of cash flow.
One tip is to set aside part of your day or week to pay close attention to management aspects, including cash flow control. Do you do this? How do you manage to maintain this discipline?
Another (essential) tip is to use effective financial control software. Do you already use one? Do you recommend it? Leave your tip in the comments!
Source: Up-to-date Supply e Financial Control
