Control Finance
Budgetary Control & Cost Driver
Funded & Non-Funded facility
CM Cost Vs CM Achievement
Inventory management
Balance between working capital Vs Operational
Efficiency [Optimum Inventory]
Setting up re-order level
Form Changing Game
1. Control Finance:
This seems to refer to the overall financial control mechanisms within an organization, ensuring that the company operates within its budget and follows cost management strategies.
2. Budgetary Control & Cost Driver:
Budgetary Control: This is the process of comparing the budgeted performance against the actual performance and taking corrective actions when necessary.
Cost Driver: A cost driver is any factor that causes a change in the cost of an activity. Identifying cost drivers is key to controlling costs and improving efficiency.
3. Funded & Non-Funded Facility:
Funded Facility: A financial arrangement where the lender provides capital upfront, like loans or credit lines.
Non-Funded Facility: These are agreements where no capital is provided initially, such as letters of credit or bank guarantees.
4. CM Cost Vs CM Achievement:
CM (Contribution Margin) Cost vs. CM Achievement: This is likely comparing the actual contribution margin (which is sales revenue minus variable costs) against the targeted or planned contribution margin. It helps identify whether the business is achieving its profit goals or if adjustments are needed.
5. Inventory Management:
Efficient inventory management ensures that a company has enough stock to meet demand without overstocking, which ties up cash flow. Key aspects include stock tracking, reorder points, and minimizing waste.
6. Balance Between Working Capital vs Operational Efficiency [Optimum Inventory]:
Finding the balance between working capital and operational efficiency is critical. It’s about maintaining enough cash flow to meet operational needs while not over-investing in inventory, which could otherwise impact profitability.
Optimum Inventory: This refers to having just the right amount of inventory to meet demand without excess stock.
7. Setting up Re-Order Level:
This refers to determining the optimal point at which new inventory should be ordered to avoid stockouts and ensure smooth operations. The re-order level should take into account lead time, demand rate, and safety stock.
8. Form Changing Game:
This could refer to the practice of adjusting or optimizing forms, processes, or workflows to streamline operations or improve efficiency.
Is this part of a larger report or strategy document you’re working on? Let me know how I can help expand on any of these points!