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Financial Control

RN Solutions - Financial Control As retailers and importers are continuously concerned with rising costs, QA and QC budgets are always under scrutiny. R N SOLUTIONS provides help and support in looking at and proposing more cost effective ways of managing product quality.

For manufacturers, traceable and documented QA/QC procedures are an operational necessity for producing goods destined for the EU.
R N SOLUTIONS provides guidance and support for implementing cost effective procedures, focussing on key retailer requirements.

  • Product Returns – R N SOLUTIONS reviews, determines and develops Faulty Goods reporting, monitoring and managing acceptable levels of product returns, whilst enabling financial quantification. Requirements and use of internal data are challenged, and proposals made of the most effective way of using management reports.
  • “Best Practice” – R N SOLUTIONS reviews and determines Global manufacturing “best practice”, enabling synergistic savings in buying, sourcing and supply. Existing supply chains are assessed and audited, identifying potential short and long term cost savings.
  • Overseas Budgeting – R N SOLUTIONS plans and implements specific overseas QA/QC procedures working to an agreed budget, based on percentage of FOB value of goods shipped. Opportunities are explored for reducing inspection criteria without increasing risk, and looking at alternative methods of managing product quality.
  • RN Solutions - Financial Control 2QA/QC Cost Reduction – R N SOLUTIONS reviews existing business practices and determines/develops QA/QC operational strategies, to reduce costs year on year. This involves process and organisational review, and proposals of alternative quality management solutions.
  • Supplier Rationalisation – R N SOLUTIONS reviews Global supply bases, identifying opportunities for reducing numbers of suppliers/vendors, and acknowledging strengths and weaknesses of each part of the supply chain, whilst being driven by cost effectiveness. Choices of beneficial client/supplier partnerships are influenced by independent knowledge and experience.

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