Welcome to the Business and Management Podcast, where we discuss best practices to help professionals, and entrepreneurs achieve success as they defined it. This podcast is essentially responding to this common request, “I wish someone would mentor me and advise me on these tips, when I just started my professional career or when I run my own business.” With this podcast, Marchell Ludy intended to leverage his skills and share his experiences to help others succeed in their field of work. May you extract the most benefits from this podcast program. All the best!
To learn more, visit https://www.marchellludy.com/This episode talks about how to fight inflation and other external headwinds, to make our business remains profitable. Cost of Goods Sold (COGS) is directly impacting the profit and the balance sheet of a business. Therefore, it is imperative to have robust Cost Saving and Cost Control programs in a business, to protect the profitability against inflation caused by oil price increases and commodities price increases. The key is to develop sustainable and ongoing Cost Saving Programs that will offset any commodities price increases. We will talk about examples of Cost Saving ideas, how to prioritize those ideas for execution, and how to establish Cost Saving Projects to bring those ideas into reality, hence immediately improving the Balance Sheet of the business.
Chapters0:00 Opening0:24 Increased Costs Impacting Profits1:22 Cost-Saving Programs2:31 Establishing Saving Projects3:36 ClosingLinksSpotify: https://open.spotify.com/show/4H13OG15r5HGRjArb7grdy?si=f0aa625400c2490cFacebook: https://www.facebook.com/marchellludypodcast/Instagram: https://www.instagram.com/marchellludy/Twitter: https://twitter.com/marchellludyTikTok: https://www.tiktok.com/@marchellludyApple Podcast: https://podcasts.apple.com/us/podcast/business-and-management/id1660518087DisclaimersThe Business and Management Podcast is for general informational purposes only. All of the content is based on my own point of view in my personal capacity. I do not represent any company, any brand, or any institution. The use of information on this podcast or materials linked from this podcast is at the user’s own risk. However, if you want to learn more about the content, please visit https://www.marchellludy.comMay you extract the most benefits from this podcast. All the best!#hustle #work #grind #grit #podcast #business #management #businessowner #coach #coaching #businesscoach #businesscoaching #career #careercoach #careerguidance #careeradvice #leadership #leading #lead #marketing #advertising #advertisement #consumer #behaviour #ads #branding #brand #business #management #brandbuilding #brandmanagement #brandmanager #creativeagency #marketingdigital #marketingtips #marketingstrategy #online #onlinemarketing #hustle #culture #budaya #workplace #corporateculture #cultureshock #supplychain #inventory #cash #customerservice #customer #consumer #trade #cost #profit #revenue #profitandloss #entrepreneur #entrepreneurship #innovation #consulting #mentorship #logistics #finance #multinational #corporateculture #education #management #masterclass #mba #freemba #supplychain #media #digitalmarketing #onlinemarketing #socialmedia
8 Dec 2024
HOW TO SPEND MARKETING MONEY - Media Mix Choices - 064
Marchell Ludy shares insights on optimizing marketing media mix choices to achieve the best return on investment through prioritization and strategic allocation of marketing budget.
21 Sept 2024
How to Generate Cash - Inventory Management for Business - 063
This episode talks about preserving the Cash Flow in the business by smartly managing the inventory.
Because the inventory level directly impacts the cash flow. Too much inventory means too much cash being locked in the form of products, limiting the business' ability to pay for overhead costs, such as salaries, and capital expenditures, such as buying new machines.
We will talk about two methods of managing inventory to preserve the cash: (1) Product Segmentation and (2) Safety Stock settings. By understanding whether the product segmentation is strategic or non-strategic, we can apply the right inventory strategy that best serves the business.
Chapters
0:00 Opening
0:17 Cash is King
1:49 Product Segmentation
3:09 Safety Stocks Setting
5:21 Closing
Links
Spotify: https://open.spotify.com/show/4H13OG15r5HGRjArb7grdy?si=f0aa625400c2490c
Facebook: https://www.facebook.com/marchellludypodcast/
Instagram: https://www.instagram.com/marchellludy/
Twitter: https://twitter.com/marchellludy
TikTok: https://www.tiktok.com/@marchellludy
Apple Podcast: https://podcasts.apple.com/us/podcast/business-and-management/id1660518087
Disclaimers
The Business and Management Podcast is for general informational purposes only. All of the content is based on my own point of view in my personal capacity. I do not represent any company, any brand, or any institution. The use of information on this podcast or materials linked from this podcast is at the user’s own risk. However, if you want to learn more about the content, please visit https://www.marchellludy.com
May you extract the most benefits from this podcast. All the best!
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