Business audit
Case study. C-class. Smart savings 4.0.
Case study. C-class. Smart savings 4.0. Author: Szymon Tochowicz Increasing savings and reducing complexity in standard, catalogue components porftolio (so called c-class). A case study. Industry: railway Project goal: process improvement and savings Areas: logistics, procurement, finance, production, R&D Duration: two weeks Number of people in the project: 5 Estimated project results 1 million zlotys…
Read MoreSpecial actions for turbulent times. Make or buy.
Special actions for turbulent times. Make or buy. Author: Szymon Tochowicz Technology changes, geopolitics, pandemia are reasons to review strategy and look again at what to make or buy “May you live in interesting times” This English proverb arguably is a translation of a Chinese curse. Covid-19, Russian invasion on Ukraine… Procurement job was never…
Read MoreFinancial liquidity in the company – how to maintain it?
In previous posts, we described issues related to determining financial liquidity, its ratios, the effects of loss and ways to regain financial liquidity. In the last entry of the series we will suggest how to maintain financial liquidity in the company. Semiconductors market outlook 2023 and beyond Read more → Case study. C-class. Smart savings…
Read MoreFinancial liquidity in the company – the effects of loss and methods of recovery
In previous posts of the financial liquidity in the company, we wrote about liquidity ratios and methods for determining it. This time we will focus on the effects of losing financial liquidity and look for ways to regain it and restore the company’s financial balance. Why financial liquidity is the base for everything? We have…
Read MoreFinancial liquidity in the company – financial liquidity ratios
In the previous post titled “Financial liquidity in a company – how to determine it?” we emphasized why financial liquidity in an enterprise is important and how it can be assessed. In this article, we will introduce individual financial indicators that not only allow you to assess financial liquidity, but also the overall performance of…
Read MoreFinancial liquidity in a company – how to determine it?
The foundation of the company’s long-term operation is achieving and maintaining its financial liquidity. It means the company’s ability to settle arising financial obligations related to its conduct. How can you determine if your business has liquidity? What to do to achieve and maintain it? What action should be taken when financial liquidity becomes threatened?…
Read MoreWhat is the audit of the company?
The audit of a company should be carried out by an independent auditor. Only then the evaluation and further documentation as well as the new strategy will be prepared in an objective manner. Business audits may have different goals and final results. What is the business audit, what are the types of audits and offered…
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