Strengthen inventory management, reasonably determine the economic purchase batch, and strengthen inventory maintenance
Control the current period and the guaranteed period, and reduce obsolete inventory materials as much as possible to avoid idle funds. For the management of accounts receivable, reasonable and effective methods should be used to timely assess the credit status of customers and formulate appropriate credit policies; strengthen the daily control and management of accounts receivable, reduce bad debts, doubtful debts and dead debts; formulate reasonable collection policies to minimize corporate losses.
- Strengthen cost control
Cost control plays a vital role in the survival and development of enterprises and is the fundamental way for enterprises to increase profits. In the fierce social competition environment, private enterprises should combine their own reality, correctly calculate and control costs, strive to find ways to reduce costs, and establish a scientific, rigorous and practical cost management mechanism, so as to improve the level of cost management and continuously improve the competitiveness of enterprises.
- Strengthen risk control
Enterprise production italy numbers and operation face financial risks and operational risks. Generally speaking, the greater the risk, the greater the benefit. Private enterprises should carefully analyze the relationship between benefits and risks based on their own situation and actively seek a balance between the two. They should make good financial plans and budgets beforehand, financial decisions and controls during the process, and financial analysis and assessment afterward, and strive to reduce enterprise risks