Managing my stock and supply chain - Henley Business School Power Chat

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Cash is king and stock is unrealised revenue. 

 

πŸ‘Š  How long do you have stock on your shelves before you get a sale?

πŸ‘Š  Do you have to pay before ordering or on consignment?

πŸ‘Š  What are your lead times from stock order to delivery?

πŸ‘Š  Do you have a 3–6-month cash flow budget in place? 

πŸ‘Š  Do you know your stock mix and what actually moves quickly?

 

Lerone Prior is a Chartered Accountant CA(SA) by profession with over 10 years post articles experience in finance, business development, M&A and strategy. He is currently Director at TP Consulting and Pharmagrown Group with specific focus on the Cannabis Industry regarding cultivation and downstream value chain.

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