Review weekly working capital

They are cash, inventory, investments, receivables and payables in the short term, taxes, and salaries,... Ensure sufficient cash to meet current business needs. 

Minimize cash leakage (costs, inventories, raw materials)

Businesses should optimize costs by scrutinizing many aspects such as rental cost, administrative costs, the basic operative costs that cause damaged, wasted or using excessive materials.

Optimizing personnel efficiency

By reorganizing job responsibilities in the business, expand more responsibilities to the current positions, training new competencies, improving the current capability of employees,…business will have a lean operation in V.U.C.A environment.

Minimize risks from the supply of raw materials

They are cash, inventory, investments, receivables and payables in the short term, taxes, and salaries,... Ensure sufficient cash to meet current business needs. 

Actively apply automation technology

It’s necessary to utilize the use of robots in the factory. The automation in production will help businesses control the cost of raw materials, increase the productivity, as well as the production accuracy.

Source: Information Partner of VME 2021 - PNA Consulting 

Important Note

“Vietnam Manufacturing Expo" is open to trade visitors only. Please dress in business attire. Those wearing shorts and/or sandals and minors under the age of 15 will not be permitted into the exhibition hall. The organizer reserves the right to refuse admission to anyone without cause or explanation.