When JIT isn’t enough
In the manufacturing world, our clients work hard to keep inventory down and shipments up. As advisors to a number of significant Irish manufacturers, we understand completely the challenges faced on a day to day basis, from sourcing and securing finance for raw materials to letters of credit and insurance to protect the outputs as they move across the globe.
As the middleman, manufacturers have to keep suppliers happy to ensure continuous supply and their customers happy to maintain business. Terms received and given therefore become critical to the success of the company. Balancing and optimising the cashflow and sources of capital, as well as availing of suitable financial instruments requires ongoing resources. At Moran & Partners, we work closely with manufacturers to address the ever evolving day-to-day financial situation as well as taking care of statutory obligations such as tax returns and payroll.