Responding to COVID-19: Strategies for Optimizing Cash and Working Capital
After another week of adjusting to our new reality, I continue to be inspired by the way supply chain and procurement professionals across the globe are responding to the COVID-19 pandemic and its highly disruptive impact on normal business operations.
In this downturn, we understand the need for multinational manufacturing companies to find new and necessary financial strategies that will help you combat the impact of COVID-19 in 2020. Focusing on preserving cash, trust in production, reducing excess inventory and better managing working capital is paramount. Optimizing working capital is where we can provide the most valuable assistance.
Verusen is in a unique position to inject financial liquidity for our customers, prospects, and their supply chains to mitigate this pandemic’s impact. As such, we are providing complete access to our intelligent materials inventory cloud platform risk free and at no cost through July 1, 2020. If you would like to learn more about financing and working capital strategies, I will be holding an open conversation on April 16th at 1 PM ET. You can access this event by registering here. During this discussion, you will learn how we can specifically help you:
- Bring structure, clarity and an AI foundation to dirty data or disparate data across plants;
- Build a value chain of indirect materials to keep operations running; and
- Identify millions of dollars in verified savings opportunities across your supply chain quickly.
Hopefully, sooner, rather than later, this crisis will pass. Until then, we hope you and your families remain healthy and safe.
If you have questions on how we may be able to assist you and your business with our AI and machine learning platform, please reach out to me personally at [email protected] or email our team at [email protected].