Clothing & Footwear Importer & Distributor
IT Distributor in JHB
IT Distributor in JHB Challenge faced Lack of visibility regarding GP% – could only see GP% 3 weeks after month end Average GP% sitting on 9.1% on sales of R5 billion Inability to rank product categories and customers based on a combination of profitability (GP%) and cash flow use (net working capital days) Too much […]
Printing Manufacturer in KZN
Printing manufacturer in KZN Challenge faced Significant cash flow challenges due to poor management of stock and debtors Debtors’ days: 33 days Debtors > 90 days: R381k Stock days: 58 days Unpaid rent amounting to R2.3m (15 months in arrears) Monthly management reports completed 4 months after month end Results Within 6 months: Cash improved […]