Enterprise management must be able to generate profits and money
Responsibility for the financial condition of the company lies with the CEO and functional directors of the company. They must be able to generate profits and money. “Igor Chugunov’s Business Consulting” is ready to help with this through their training.
What do the terms “financial condition of an enterprise” and “effective enterprise” mean?
The term “financial condition of an enterprise” means the results of an assessment of the ability of an enterprise to generate net profit, positive net cash flow, increase its market value, pay for its short-term and long-term financial liabilities in a timely manner and in full, retain its financial independence when raising borrowed capital. Continue reading
Technology for effective marketing pricing “How to”
The name and content of this module reflects several ideas based on an understanding of the role of pricing in achieving the highest economic goals of an enterprise related to the optimal increase in net profit, positive net cash flow and the market value of the enterprise.
First, it is a technology, i.e. a logical sequence of actions leading to the achievement of the goal: the creation of effective pricing for the company’s products. Practical pricing or pricing “As is” is often a continuous experiment to find the most optimal price, and on Monday the company thinks about increasing sales by reducing prices, and on Thursday recalls the need to increase profits by increasing prices. Continue reading
Contents of the product sales department concept
The head of any level of management should think systematically.
The component that makes up the economy of a country, a sector of an economy, or a region is an enterprise — a business entity performing it for profit. Let’s understand “what is coming from” and how it is necessary to determine the purpose, functions, powers and responsibilities of the structural division of the enterprise “Department (department) of product sales.”
In the future, the product sales department means the product sales department, a sales branch or any other structural unit of the enterprise, functionally intended to sell its products, which can be:
(1) the sales department of industrial products of any sector of the economy, i.e. enterprises producing and selling finished products, works or services; Continue reading
What does “effective inventory management” mean?
Let us analyze this phrase in parts: stocks, management, efficiency.
Inventories (stocks – eng.) – these are the supplied raw materials, materials, components, work in progress from them, finished products, purchased goods, means of production and objects of labor stored in the enterprise. They are formed every time when incoming or outgoing material resources are not used at the enterprise, although they are available. A stock is a material flow that has stopped its movement, temporarily or permanently (forever). Without stocks, at least minimal, it is impossible to manufacture finished products, works, services, trade in goods is impossible. Therefore, any company has stocks in one or another quantity. Continue reading
The economic basis of effective management
Effective management of the sales department of products – the center of marginal profit is based on the manager’s understanding of the content of the economic and accounting model of the relationship dynamics “Costs of an enterprise – Production volume of finished products (goods purchased) and its sales – Profit”.
In the name of the models under consideration, the phrase “The volume of production of finished goods (purchase of goods) and its sales” is used with the use of the union “and”, which means simultaneity. This phrase means that:
(1) the models under consideration are applicable both to an industrial enterprise producing and selling finished products (works, services), and to a commercial enterprise purchasing and selling goods; Continue reading
