To the extent authorized by the Type of Assistance TA and Source of Supply SOS codes assigned to the LOA line item, requirements that cannot be satisfied at reorder level may be filled by one of the following methods the following may not be inclusive of all appropriate support options. The Item Manager may place the requirement on backorder. Once the procurement lead-time elapses, the backorder is eligible for release. The Item Manager may initiate an immediate procurement action.
Purpose[ edit ] The purpose of a sales force coverage or sales territory metric is to create balanced sales territories. This is an important exercise. If territories differ sharply or slip out of balance, sales personnel may be given too much or too little work.
Inbound Logistics' glossary of transportation, logistics, supply chain, and international trade terms can help you navigate through confusion and get to the meaning behind industry jargon. Flooding. Two types of flooding can be distinguished: (1) land-borne floods, or river flooding, caused by excessive run-off brought on by heavy rains, and (2) sea-borne floods, or coastal flooding, caused by storm surges, often exacerbated by storm run-off from the upper watershed. This sales manager sample job description can assist in your creating a job application that will attract job candidates who are qualified for the job. Feel free to revise this job description to meet your specific job duties and job requirements. Sales Manager Job Responsibilities: Sells products by implementing sales plans; supervising sales staff.
This can lead to under- or over-servicing of customers. This can cost a firm business because over-taxed salespeople engage in sub-optimal levels of activity in a number of areas. They seek out too few leads, identify too few prospects, and spend too little time with current customers.
Those customers, in turn, may take their business to alternate providers. Over-servicing in some territories may also lead to under-servicing in others. This may result in distorted compensation and cause talented salespeople to leave a company, seeking superior balance and compensation.
A sales potential forecast is a forecast of the number of prospects and their buying power. It does not assess the likelihood of converting "potential" accounts. Sales potential can be represented in a number of ways. Of these, the most basic is population, i.
In a survey of nearly senior marketing managers, 62 percent responded that they found the "sales potential forecast" metric very useful.
These goals can have different effects on different stakeholders. Before designing new territories, a sales force manager should evaluate the workloads of all members of the sales team.
Buying power indices are generally specific to individual industries," but on a whole, definitions of buying power tend to be more an art than a science. This is size or, more specifically, travel time. In this context, travel time is more useful than size because it more accurately represents the factor that size implies — that is, the amount of time needed to reach customers and potential customers.
Of these, the most basic is population — the number of potential accounts in a territory. Estimating the size of a territory might involve simply calculating the geographic area that it covers.
It is likely, however, that average travel time will also be important.
Depending on the quality of roads, density of traffic, or distance between businesses, one may find that territories of equal area entail very different travel time requirements. In evaluating such distinctions, sales force records of the time needed to travel from call to call can be useful.
Specialized computer software programs are available for these purposes. To perform it well, in addition to the metrics cited earlier, disruption of customer relationships and feelings of ownership among sales personnel must also be considered.Use and Importance of Pledging Requirements for Public Deposits.
The Government Finance Officers Association (GFOA) is aware of the extensive use and major importance of pledging requirements, whereby state and local government deposits in financial institutions must be secured by governmental obligations pledged for that purpose.
The TGI Group is an international investment and holding company with diverse interests. Operations of the group primarily span across developing economies in Africa, Middle East and Asia.
Management analysts, often called management consultants, propose ways to improve an organization’s efficiency. They advise managers on how to make organizations more profitable through reduced costs and increased revenues. Fig. 1 presents the conceptual framework guiding the meta-analysis. To develop the framework, we reviewed the literature on retail marketing-mix instruments and patronage to identify key constructs.
We propose that 24 instruments, assigned to seven groups, affect the outcome variables. There are seven major sections of a business plan, and each one is a complex document. Read this selection from our business plan tutorial to fully understand these components.
If you found this article to be of value, at least “like” it or the website. INTRODUCTION. Financial management is based on building on a business’s strengths while striving to overcome its weaknesses.