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CashOS – Kaizen

CashOS – Kaizen

Kaizen is the Japanese word for “improvement”. In business, Kaizen refers to activities that continuously improve. It includes all functions and involves all employees from the CEO to the assembly line workers.

Japanese companies pioneered this concept and now it is something accepted and followed all over the globe. Hundreds of companies which have followed Kaizen have achieved significant benefits in every area of the business.

In simple terms, it means continuous improvement. This concept can be applied to any area of life.

For example, if a person wants to adopt this principle for self-improvement, all he has to do is, plan his activities, execute his daily activities, review at the end of the day, check the results and do the course correction.

Now it seems very simple and it is simple. However to implement this on a daily basis is the biggest challenge. Especially in a business where the goal of everyone need not necessarily be aligned with that of the organization.

In such an environment how can Kaizen be implemented? That too without spending tons of money, time and effort? Try CashOS.

A simple, unique technology that can help you to achieve the benefits of Kaizen and much more, all at less than the cost of a cup of coffee!!!

If you would like to learn how CashOS can help you, reach out to us at info@CashOS.com

Bharath
Founder & CEO
bharath@cashos.com
Written on 29th November 2018

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CashOS: Just in Time?


CashOS: Just in Time?

Just in time or JIT became one of the famous concepts in manufacturing a few decades ago. It is still practiced and is relevant. Basically what it means is that any item that is to be processed arrives ‘Just in time’ meaning not too early nor too late.

Too early means unnecessary inventory holding costs, which means locked up working capital. Too late means idle machine time, disruption in the production line.

Now this becomes even more prominent when the volumes and financial implications are huge. There are technologies which have been developed and designed to achieve the same. For example, whenever the inventory level goes below a certain number, and automated message goes to the supplier who ships the next batch.

Most of these technologies cost a lot and many SME’s may not have the luxury to invest so much into such technologies. However what if the same can be achieved effectively at less than the cost of a cup of coffee?

Try CashOS.

If you would like to learn how CashOS can help you, reach out to us at info@CashOS.com

Bharath
Founder & CEO
bharath@cashos.com
Written on 29th November 2018

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Bring out the hidden assets in your business

Bring out the hidden assets in your business

You may be wondering what are these ‘hidden’ assets in a business are. In my earlier blog, we discussed people being probably the most important asset of any company. Now the question is can assets be ‘hidden’? If yes, how to uncover such ‘hidden’ assets?

Wikipedia defines assets as follows: an asset is any resource owned by the business. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value.

Some of the investors have been very good at identifying the ‘hidden’ assets of a company and investing in such companies. For example, some of the companies may be sitting on a lot of real estates, bought decades earlier but not being utilized.

In the case of employees, when we consider them as assets, what could be the ‘hidden’ asset? Every employee is supposed to work for approximately 8+ hours in a company. It could go higher depending on the position etc. But let’s go with this for now.

Research* says an average worker works for approx 3 hours in an 8 hour day. Which means a whopping loss of 62.5%. Now, this asset is available for everyone to put to proper use. How do you do it?

Would you like to learn how you can uncover hidden assets in your business? Try CashOS

Please reach out to us at info@CashOS.com

Bharath
Founder & CEO
bharath@cashos.com
Written on 22nd November 2018

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Importance of working capital rotations for a Business

Importance of working capital rotations for a Business

Let’s imagine you start with a working capital of $10000. You invested the complete amount in buying some stock. And let’s assume there is a fixed profit margin of 10% when you sell the stock. Let’s say you take one month to sell the entire stock. So your sale at the end of the month is $10000 and your profits are $1000.

Now let’s say, after a few months you learn to sell the entire stock within 15 days. You once again buy the stock for $10000. let’s not consider re-investment at this stage. Which means at the end of the month you have sold $20000 and your profits are $2000. Assuming you just kept the profits with yourself without putting it to work.

Can you see where we are going? Now let’s say you somehow learn to sell off your stock every single day. Which means even if considering you take a break on Sundays, your sale at the end of the month will be a whopping $260,000 and profits will be a huge $26000.

One important thing you need to observe is that the working capital is the same. Business is the same. The only thing that changed is the way you churn your working capital.

Would you like to figure out how you can churn your working capital? Try CashOS

info@CashOS.com

Bharath
Founder & CEO
bharath@cashos.com
Written on 22nd November 2018

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Can we really reduce the cost of doing business?

Can we really reduce the cost of doing business?

For any business to exist, there are costs involved. Some are fixed costs, such as a lease, salaries, internet etc. While some are variable. Which are incurred only if we run the business? Example raw material, fuel, electricity etc. Though some of these may be required in minimum quantities whether we run the business or not.

If we closely observe, there is only up to certain limits where we can bring down the cost of running a business. In other words, there is a limit to the efficiencies. Let’s say usage of fuel or lubricants. Using less than required may actually end up costing much more for the business in terms of damages or losses.

However, there is another way to bring down the cost of running a Business. It’s by improving productivity. Let’s say an employee is producing $1000 worth of material a day. His cost (for calculation purpose only) is $100 per day. Whether he works or not, he has to be paid $100 every day. Which means the cost, in this case, is 10%.

Let’s say if we can somehow enable the employee to produce $2000 per day. Of course without him having to work overtime, or physically exerting more. Then the cost comes down to 5%. Though in real life it is not as simplistic, this example is used to communicate a message.

Now how can you bring down your cost of doing Business? Try CashOS.
info@CashOS.com

Bharath
Founder & CEO
bharath@cashos.com
Written on 22nd November 2018

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Are people Assets or Liabilities?

Are people Assets or Liabilities?

Recently I was discussing with a fellow entrepreneur and this topic came up. How do we consider our employees as? Are they assets or liabilities?

The more I thought about it, the more I felt that people are assets. In fact, they are the strongest assets of any company. A company can be built or destroyed by its people. There have been numerous examples both ways. We have seen multibillion-dollar companies being written off due to stupid decisions are taken by the executives. By the way, these decisions were not considered stupid in hindsight. Even at the time of the event itself, these acts were not in line with the ethics. A good example would be Enron.

Similarly, there are so many companies built by its people which have started from nowhere and today are global giants.

Now let’s look at the more operational stuff. Where people don’t take such path-breaking decisions. Who are involved in the mundane day to day work? The support staff, the people on the shop floor, the delivery executives, sales people etc.

A company cannot be run by its CEO’s. The nuts and bolts of the business which actually make a company run are people at the ground level. The people who execute the decisions taken by the top management. The decision is as good as the way it is executed. Which means everyone is equally important. Which also means that every individual is an asset for a business.

Now how do you measure, incentivize, reward or take care of these people who ‘execute’ the work?

CashOS may help you to set up such a system where you can convert all your working staff into assets reach us at info@CashOS.com

Bharath
Founder & CEO
bharath@cashos.com
Written on 22nd November 2018

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How to get the best out of your business Assets?

How to get the best out of your business Assets?

When we talk about Business, there are different ways to look at what constitutes as Assets. For example, if we look at the Balance sheet, it shows a segment called Assets, which primarily include any of the capital investments such as machinery, land or any other investments. It would also include items such as Cash, raw material, finished goods etc. It could also include Intellectual property or Goodwill which are intangible.

However, there is one asset that is considered under ‘expense’ category. That is the Human capital. Probably the most important ‘asset’ any company has. Name any company which has grown to substantial levels. Microsoft, Apple, Google. There are many more we could name. Each one of them reached the levels they are because of the people, the talent. Imagine any of these companies without the talent.

Now the point of this blog is how to get the best out of the people asset? Knowledge industries have a different way to achieve this. Incentives, work environment, recognition etc play a key role in helping achieve this.

Now consider the other side. Businesses which are in say FMCG or Retail or Distribution. Where a product has to be moved from point A to point B. How can a Business optimize the performance by its people assets? Unfortunately, there is only so much a company can give to people at this level as incentives. Especially in the competitive environment, we are in.

This is where technology can play a very important role. To help all concerned. Imagine a person can see his own performance at the end of every day. He doesn’t need to compare himself with others, however, it will at least give him an opportunity to improve, even if it is by slightest of margins. This will help him as well as the company. I am very sure such employees will be better rewarded by the companies also.

Would you like to learn how this concept of ‘self-regulation’ can be achieved in your business?

CashOS may be the answer.

Reach out to us at info@CashOS.com

Bharath
Founder & CEO
bharath@cashos.com
Written on 22nd November 2018

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Do You have Complete Control Over your Cash Flows?

CashOS is a unique, first of its kind technology solution which enables companies to not only focus on Cashflows but also help liberate cash from their operations. In addition, CashOS also helps Businesses to improve their profitability which eventually leads to achieving a competitive advantage in a fiercely competitive environment.

Do you have complete control over your Cash flows?

Imagine, you are a Business and you have

• Complete visibility of your operations end-to-end with real-time dashboards
• Full control of your operations
• High responsiveness to external events
• You may be wondering how this is possible at all!!!

CashOS has brought a solution for this age-old challenge for the Brands.
Using CashOS technology you can

• Accelerate your cash flows
• Reduce your inventories
• Track each and every element of your Supply chain, both upstream and downstream
• Almost completely eliminate the challenges of having an in-house IT department, the costs and investments that come with it
• And most importantly focus on your CORE business, which you are good at!!!

Think CashFlows, Think CashOS. Write to us, so we can connect over a call and see if we can help you solve your Cash challenge

A few questions for you:
• Are you facing Cash flow challenges?
• Do you have high Working capital financing costs?
• Do you have visibility to how much is lying where across the supply chain?
• Do you have visibility to the velocity of the inventory flow?
• Do you have complete control over the upstream & downstream supply chain
• Is this a high priority area for you?
• Would it help if we reduced your inventory costs?

Bharath
Founder & CEO
bharath@cashos.com
Written on 14th November 2018

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CashOS NextGen Mobile Workflow Solution

CashOS NextGen Mobile Workflow Solution

Cash is like Oxygen for a Company. Remove Cash and it is just a matter of time when any Company would collapse. Real positive cash flows are the best indicator of the health of a company. However, we observed that there are not much software around the core to business ie Cash. There are many for HR, Finance, Sales, Supply Chain etc..;

CashOS is born based on our internal need. So we developed our own solution for our business to track every penny across our value chain in real-time using Cloud and Mobile workflows. Our Dukanline business witnessed great success and went on to become the largest eDistributor in India by rotating our cash 26 times a month. We built CashOS with 2.5+ million man-hours coding along with rich experience gained through the business we did. We thought to help others with our technology with simple monthly pricing through Software as Service (SaaS) model.

CashOS enables businesses to liberate cash and generate more profits from their existing operations

Cash is the lifeblood of any organization. With the stricter Banking policies and regulatory norms, it is becoming imperative for Businesses to manage their Cashflows smartly. There have been numerous instances in the past of how well known, reputed companies have had to declare bankruptcy due to the
cashflow challenges.

CashOS is a unique, first of its kind technology solution which enables companies to not only focus on Cashflows but also help liberate cash from their operations. In addition, CashOS also helps Businesses to improve their profitability which eventually leads to achieving a competitive advantage in a fiercely competitive environment.

Bharath
Founder & CEO
bharath@cashos.com
Written on 14th November 2018