Gerry McHugh Consulting - Business Blog

Manufacturing after the recession: what now?

Posted by Gerry McHugh

Jun 18, 2014 1:44:00 PM

Manufacturing after the recession

So you have managed to survive the worst recession in many years but what are you going to do now? Typically companies have lost key staff and it may not be possible to get them back. As a Consultant with so much experience in Manufacturing I understand the headache that this will bring just as you start to grow.

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Topics: Manufacturing

Turning inventory: the risks and the rewards

Posted by Gerry McHugh

May 8, 2014 8:17:00 PM

 

Turning inventory is essential for two reasons, 1) too much on hand and your cash flow will be restricted, 2) if you don’t have enough inventory on hand then you may be unable to satisfy unexpected customer orders. So how do you make sure you have a handle on your inventory?

 

The Importance of Flexibility

Ask yourself these questions about inventory management:

  • Do I have excess supply of certain raw materials?
  • When I buy material, do I have to buy minimum quantities to get the right price?
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Topics: Manufacturing, Inventory Control, Cash Flow

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Gerry McHugh

I have 40 years of international business experience that can help shape your business for success.

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