Stock Turnover Ratio , reducing Stock in factory

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Stock Turnover Ratio , reducing Stock in factory

Using stock turnover ratio can reduce your cost .

Are you from *Management* ? Must see this Video….

Are you from *Accounts* Dept ? Must see this .. to reduce the stock holding cost of the company… Lakhs of Rs per year..

If you are from the *Production or Sales*, ? Of Course this is for you.

*Stores / Purchase* ?  You can actually reduce your stock to below 15 days /… or whatever figure you decide for yourself.

*Maintenance* : Critical Stock… based on based consumption history ?  Do watch this Youtube released by Finsys

Title : Stock Turnover Ratio – *How to reduce your stock to below 15 days*

Link : https://youtu.be/eXmXcFJeVis

Positively,

Sangeet & Puneet

Back Flush Reporting in ERP

Identify wastages & losses in Production.

https://youtu.be/LuWobmH4RTE

Every manufacturer wants to know… how much should have been consumed versus Actual.  How much was excess ?

Where can I save my cost ?

How to save money in Raw Material side ?

Best for Steel, Brass, Plastic , Rubber, Pharma , Food, Cosmetics, Corrugation Packaging and Machinery Manufacturing companies.