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Is your business's shop floor taking full advantage of a customer relationship management (CRM) system? If not, you might not only be failing to earn your clients' loyalty, you might also outright be losing them. CIS Magazine found this topic so important that it recently ran a feature article titled "Top Ten Tips to Build and Keep Customer Loyalty with CRM."Before delving into some of those strategies, let's get a better picture of CRM. Short...more
Processing Talk, which covers the latest news for engineers in the process industries, recently addressed the topic of how an "Efficiency system improves factory operations." More specifically, the publication detailed how a factory floor efficiency system was "helping to ensure smooth running" at a U.K. ice-cream plant. But indeed, a real-time data collection system that provides job tracking and factory floor control can "bring improved control, visibility and efficiency to key parts" of almost any factory."Overall plant control at the Gloucester site comes under the auspices of [an] ERP system. An Advanced Planning and Scheduling (APS) and finite scheduling system that visually improves the sequencing of production (and raw materials) through a PC-based system completely interfaces with most ERP and MRP systems like the one in use at the ice-cream plant. Such a system uses a drop and drag electronic board and an unlimited set of scheduling rules to afford shop floor managers greater control.The Processing Talk article went on to point out, "Although efficient when correctly implemented, it is widely accepted that ERP systems suffer from what are termed as 'unaccountable...more
There is no shortage on advice on Goal Setting, and it's one of the "basics" of business planning. But how do you set goals when sales are down and all you hear on the news is bad news. What is the alternative? Participate in the recession? Just sit back and let things happen to you? Good economy or bad, goal setting is pivotal. From professional...more
What is a strategic alliance? It is an alliance between two or more entrepreneurs or business owners who work together in a strategic fashion for mutual benefit. It is a double "win" arrangement that is based on a solid joint relationship.If you are considering a joint venture or strategic alliance, begin your process with a few questions: Who is...more
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It seems that a day does not go by, without hearing about job losses and redundancies, and how small businesses are closing down or going into administration.One example of this is apparent in Stratford upon Avon, as an independent retailer following...more
When it comes to buying mortgage leads, there are many good companies out there for you to research, and many avenues to travel down when considering which lead type will work best for you.While working as a loan officer, I dealt with my fair share...more
Direct sales, or direct selling, is a retail channel for the distribution of goods and services. It is basically the marketing and selling of products directly to consumers, not in a fixed retail location. Sales can be made through a party plan,...more
Network Marketing, AKA Multi-Level Marketing, is a scheme that shells out compensation to direct selling companies' promoters, not just for the product sales generate by them, but also for the other sales introduced by them to the company. The...more
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It's a fact that most people getting into a network marketing business fail. It's a bummer because the business model is one of the best. Plus, most people join because they have spark of a dream. And then only to fail...well, that messes people...more