Way to accelerate the turnover of working capital are:
1) Accelerate the turnover of reserve funds: Enterprises should formulate advanced and reasonable raw material consumption quotas, establish a quota delivery system, take necessary technical measures, and continuously reduce raw material consumption and reserves; organize raw materials on the spot and near supply to reduce insurance reserves. And the funds occupied in the process; strengthen the distribution and storage of raw materials, minimize the time of unloading, acceptance, and storage, so as to reduce the time spent on funds; strengthen the management of warehouses, ensure the safety and non-destructive materials, and regularly check the warehouses. Handle over-storage materials to reduce the funds occupied by over-storage.
2) Accelerate the turnover of production funds: Enterprises should adopt advanced production organization forms as much as possible, adopt advanced high-efficiency machinery and equipment, shorten the production cycle of products, organize balanced production, rationally use materials, and improve the completeness of parts and components. To reduce the amount of work in stock.
3) Accelerate the turnover of finished product funds: Enterprises should strengthen market research, open up and expand the market, sell products as soon as possible; accelerate the inspection, warehousing and packaging of finished products, strictly enforce the order contract, and ship on time to reduce inventory backlog Choose the most economical and reasonable transportation method, simplify the procedures for supply and settlement, and recover the payment in time.
Toy Cartons,Book Crate,Spearcraft Book Box,Clamshell Book Box
Guangzhou Mingyin Packaging Trading Co.,Ltd. , https://www.mingyinpackaging.com