Recessionary Times........

Here are few steps to maintain the cash flow and to strive in the troubled times.

- Protect the cash flows and operating margins with emphasis on growing volumes.
- Better management of supply chain.
- Negotiate with the supplier on prices- clinch the best deal.
- Global buying of ingredients /spare parts to achieve economies of scale.
- Cut travel cost by at least 30 percent and use video conferencing.
- Hire selectively.
- Keep the inventory of finished goods to the minimum level.
- Collect the money as soon as possible from the trade.
- Rewrite the credit strategies.


Believe in yourself and in your country.

India is a country of hope and opportunities and progress.

Thanks

vibhor