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It can certainly be hard for businesses to keep a track on their inventories and to know the right time, right quantity, and right price and place to place an order with. If you are not being able to strategize your order, it can cause serious fatal to your profitability.
Sales team is the strength of any business as the whole business is dependent on the number of items sold by an organization or manufacturer. Motivational training is important for your sales team and you have to realize its importance.
This is our 2018 Annual Report. We achieved 54% more sales compared to last year. Above all, we added 3 FTEs that helped us achieve a record breaking year.
Inventory management is a procedure of keeping a check and balance on company’s inventory. It is referred to keeping an eye on the inventory moving from manufacturers to company’s warehouse and from warehouse to relevant distributors or retailers.
Sales and marketing have a good relationship with one another and both are incomplete without each other as marketing is aimed increase the sales of the products and services while sales depend on effective marketing strategies. Both go hand in hand.
In order to manage the inventory efficiently, initially it is important o understand the demands for your products. The inventory management system helps to track the products information. Sometimes the inventory goes out of control and organization face losses.
