Friday, February 28, 2020

Inventory Management Assignment Example | Topics and Well Written Essays - 1750 words

Inventory Management - Assignment Example ntory management software company and still maintains this as strongest value proposition in its portfolio; yet over time, the company is now able to offer complete end-to-end supply chain solutions through acquisitions and mergers. The company’s most popular and successful product for inventory management is the updated version of inventory management software, which had been its initial product. The inventory management techniques of both companies have been critically analyzed to answer the below mentioned questions. RGIS generally manages a whole range of products ranging from retail to healthcare. It provides clients with technological edge over the competitors, thereby simultaneously reducing the cycle time and stock outs and maintaining a healthy average inventory. The company holds a number of patents in the area of perpetual inventory and specialized software for physical as well as online counting of inventory. RGIS manages inventory of clients through its revolutionary smart warehousing concept through which company utilizes tracking software so as to maintain count of the inventory in warehouses and in transportation throughout the world (RGIS, 2014a). The inventory positioning can be specifically pointed through RFID tags, which are attached to each consignment in transit as well as in-house inventory present in warehouses. Hence, the company provides complete visibility of the entire supply chain to clients. On the other hand, JDA Software offers clients the software, which helps to m anage entire supply chain. The company has been able to formulate innovative inventory management services like, inventory planning and scenario planning. JDA Software helps clients to manage inventory by producing relevant inventory through master production schedules, current inventory levels and materials requirement planning integration. It also uses scenario analysis to enable customers to predict appropriate inventory levels in current market scenarios. Thus, the

Wednesday, February 12, 2020

Sales and Marketing Term Paper Example | Topics and Well Written Essays - 1500 words

Sales and Marketing - Term Paper Example As the paper discusses sales professionals are very ambitious individuals and with this regard, they strive to pursue all their opportunities in line with their sales objectives for them to maximize their sales revenues. Other expectations include; the identification and qualification of probable leads within and without regions in aiding the development of estimates and deals to improve on the sales revenues of the given corporate. They expect to have the capability if demonstrating highly professional and negotiation skills in all the activities that they engage in. this has the impact of enabling the demonstrate the expertise in all the product lines as well as influencing the markets reenergizing the old markets while focusing on newer markets. From this paper it is clear that a sales professional position is a key position in any corporation as sales is the driving force of any form of organization. When the actions by a sales professional are well implemented the sales of the organization are likely are likely to increase by more than targeted margins. Therefore, in order to ensure there is good working environment of doing business and for all businesses to operate freely without having fear of any form of unfairness, ethics is fundamental. Ethics can be attained mainly through regulations and guidelines, which are solely contained in an ethics policy. To ensure that there is ethics in adverts made, the policy defines the advert types in a manner that will define what is acceptable and not. The policy sets out all the available positions that the adverts are placed by ensuring that the top, right and bottom of the content require the advertising space. The policy stipulates clear guidelines through which advertising is done and largely it does not allow for advertising any defined content. The exceptions of the moral code of behavior are defined to encourage the links to in-h ouse sales revenue. The policy gives out a clear peculiarity between what promotions is and how it is done as well as the actions of the company. This ensures that there is no mix-up in all the roles displayed by the organization. The code of conduct is that guides advertising and promotes all the objectives of the company to help the organization in understanding the context in which the organization operates which is well define. The policy ensures that advertisement are far much family friendly and are not offensive that are in line of enabling the understanding of all the roles.Â