Business advisory
Impact of war in Ukraine and sanctions on supply chain sustainability.
Impact of war in Ukraine and sanctions on supply chain sustainability. Author: Rafał Dados How war in Ukraine and sanctions on Russia may impact short and mid term sustainability of global supply chains. Status as on 21st of March 2022. Part 1. We hosted online purchasing community meeting on 18th of March 2022. 60+ experts…
Read MoreRisk management. Knowledge based on experience.
Anticipating risk and preventing it, we learn through experience (ours or others) We can divide risk in diverse ways. We have e.g. political risk, natural disasters, financial risk, technological risk, supplier dependence, legal risk … Another look at the risk allocation is a split between known and unknown risk. In the case of known risk,…
Read MoreDisruptions in supply chains – forecasts for the automotive industry in 2022
Disruptions in supply chains – forecasts for the automotive industry in 2022 Author: Rafał Dados Automotive forecasts. Is the situation in the automotive industry going for the better? On January 14, 2022, Eveneum and Santander Bank Polska co-organized an online seminar “Disruptions in supply chains – forecasts for the automotive industry in 2022”. In the…
Read MoreEffective (… and impressive) buyer
Effective (… and impressive) buyer Author: Szymon Tochowicz “Effective (… and impressive) buyer”. Training project for defense industry Working as a category manager for automotive company I used to deal with stakeholders across Europe. My peers, other category managers were located in France, Germany and Spain. One of them was a very LOCOMOTIVE type of…
Read MoreThe purchasing strategy and supplier dependency
How to address supplier dependency in purchasing strategy? In the book „The Everything Store: Jeff Bezos and the Age of Amazon” written by Brad Stone, Amazon’s employees compare trade on the company website to addiction to heroin. When product sales gains momentum sellers fall into euphoria, then into addiction but when Amazon starts to reduce…
Read MoreDigitization of purchasing processes – 3 reasons why you should digitize purchasing
The future of shopping is digitization. There is no escape from this process. Modern technological tools, which have been used for years in many areas of business operations, also enter the area of purchasing and relations with suppliers with a tremendous amount. Why is the digitization of purchasing processes important? What are the most important…
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. Why Procurement Analytics Matters Read more → Managing Risks in Renewable Energy Procurement Read…
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 More