Economic and Political Developments

10 key recommendations for the upcoming period, considering the extraordinary economic and political developments and upcoming elections in Turkey and the world:

LOW AT 1-SELLS

Plan accordingly, expecting a decline in foreign sales, especially in the domestic market.

2-CONTRACT

Focus on collection, not on sales. Collecting what you receive is a priority. Have a collection during the first part of your agenda.

3-UPSK

"Production Planning and Stock Control" should be your second priority after collection. Work as unstocked as possible. You'll probably object by considering the rising input prices. However, we are at the beginning of the times when the cashier was king. Stock means that your cash is idle waiting in your warehouse.

4-IHRACAT

Increase your exports. If you don't have any exports, start somewhere. For this State Support Remember that you can use it as an alternative source of finance.

5-TZY

In Supply Chain Management, adopt the production model by order, not stock

6-CRADES

Banks Credit Although the appetite for using it is completely upside down, try to keep your credibility as prepared as possible within the framework of periodic changes.

7-CHOSE ECONOMICS

Selection A period is coming when economic rhetoric will increase. On the other hand, after the election, it's obvious that in the world, we're going to be facing a lot more raise rain than we have in all elections to date. So, after the election, you must have a backup fund.

8-NAKIT FLOW

Cash Take precautions without panic, keeping your flow in check.

9- CLIENT VELINIMETIR

Keep your relationships with your customers better than ever.

10-IC

Keep the motivation of your employees at the top level.

To download 10 recommendations on outstanding economic and political developments in Turkey and the world, please click here

Please contact us for advice on foreign trade, exports and government subsidies.

Gökhan EROL
e: gerol@inovakademi.com
g: 05337611934
t: 02167097332
f: 08505223403