Thursday, 30 April 2020 11:21

Business Reduction due to the Lack of Effective Management

Business Reduction due to the Lack of Effective Management

Prior to its success in the bakery industry, ZBAC business operations went downhill for a time due to several reasons, mainly on poor inventory management. At that time, the raw materials were purchased without a solid business plan, there were no set sales targets and no proper recording system. Due to its hastiness in obtaining bulk materials at a low price from the supplier, ZBAC did not perform the proper due diligence which eventually caused the warehouse to be filled with plenty of unused materials.

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  • Best Practices Type: Infographics
  • Industry: Services
  • Company Name: Ziq Bakery and Cakes
  • Geographical: Terengganu
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