counseling in the group
Effective management of the sales department of the enterprise.
Forecast revenue from sales of products for the item position is equal to the product of the forecast of the average consumer demand for the company’s products and the plan price of sales of products.
The production plan (purchase of goods) and its sales plan is set equal to the forecast of average consumer demand for products.
The production plan (purchase of goods) and its sales is a consequence of the forecast of the average consumer demand for the company’s products when the company uses the market approach to planning its business activities. The plan for sales of products should be equated to an accurate forecast of consumer demand for the company’s products, since in order to ensure competitiveness, an enterprise must be customer-oriented, and a customer-oriented enterprise must fully meet the needs of the target consumer in terms of quantity of products. Consumer demand for products under market conditions is a random variable, the instantaneous value of which for the future period of activity is impossible to predict or predict with 100% probability (accuracy). Continue reading
Basics of Effective Entrepreneurship
How does optimal stock management and effective inventory management compare?
Optimal inventory management is SKU inventory management that meets any criterion (rule) of optimality, i.e. the best fit rule. The criterion of optimality consciously or unconsciously selects the subject of management, for example, a specialist in inventory management. Consequently, the correctness or inaccuracy of the choice of inventory management criteria determines the optimality or nonoptimality of their management.
The criterion for optimizing the inventory management of an enterprise should best suit its marketing, production, logistical and financial situation and the highest economic goals of the enterprise. Continue reading
Learn what is first needed in business to maximize net profit.
Learn and learn what is needed in business.
In the article “Who needs effective stock management, and why,” a non-fiction story was told about the low efficiency of an industrial enterprise in terms of net profit, largely due to inefficient management of material resources. The nonfictional story eventually got its continuation.
The head of the department of material and technical supply (DL) of this enterprise was trained on the open training module “Basics of effective inventory management” How to “. In the process of his training, I became aware of new details about the logistical situation of this enterprise, which have a significant impact on the management of material resources. Continue reading
