PROFESSIONAL BUSINESS RECIPE BY TEJ MAGAZINE, DIRETOR, TEJ MAGAZINE, DIRETOR, TRAAM SERVICES PVT. LTD, CHANDIGARH-INDIA web:
PROFESSIONAL BUSINESS RECIPE HIGHLIGHTS CURRENT BUSINESS SCENERIO CURRENT BUSINESS SCENERIO BUSINESS STRATEGY BUSINESS STRATEGY SURVIVAL SURVIVAL GROWTH GROWTH PROFITABILITY PROFITABILITY ENVIRONMENT ENVIRONMENT 5 P’S 5 P’S CUSTOMER DELIGHT CUSTOMER DELIGHT
CURRENT BUSINESS SCENERIO COMMUNICATION & INFOTECH REVOLUTION COMMUNICATION & INFOTECH REVOLUTION LIBERALISATION OF WORLD ECONOMY LIBERALISATION OF WORLD ECONOMY WORLD- A GLOBAL VILLAGE WORLD- A GLOBAL VILLAGE CUTTING EDGE GLOBAL COMPETITION CUTTING EDGE GLOBAL COMPETITION
PRODUCE & SELL PRODUCE & SELL STANDARD PRODUCT STANDARD PRODUCT CREATE MARKET CREATE MARKET CUSTOMISED PRODUCT CUSTOMISED PRODUCT BUSINESS STRATEGY YESTERDAYTODAY
SURVIVAL EXCELLENT SERVICE TO EXISTING CUSTOMERS EXCELLENT SERVICE TO EXISTING CUSTOMERS ZERO DEFECT QUALITY ZERO DEFECT QUALITY EDGE OVER COMPETITOR ON PRICE EDGE OVER COMPETITOR ON PRICE 100 % COMMITTED DELIVERY 100 % COMMITTED DELIVERY ECONOMICAL & EFFECTIVE LOGISTICS ECONOMICAL & EFFECTIVE LOGISTICS POSITIVE & RESPONSIVE COMMUNICATION POSITIVE & RESPONSIVE COMMUNICATION
GROWTH QUICK RESPONSE TO NEW CUSTOMERS QUICK RESPONSE TO NEW CUSTOMERS FAST SAMPLE DEVELOPMENT FAST SAMPLE DEVELOPMENT ACTIVE ASSISTANCE IN PRODUCT APPLICATION ACTIVE ASSISTANCE IN PRODUCT APPLICATION EFFECTIVE CUSTOMER CONTACT EFFECTIVE CUSTOMER CONTACT COMMITMENT TO PRICE COMMITMENT TO PRICE PENETRATION IN WIDE AREA MARKET NETWORK – REGIONAL- NATIONAL - GLOBAL PENETRATION IN WIDE AREA MARKET NETWORK – REGIONAL- NATIONAL - GLOBAL
PROFITABILITY DRASTIC REDUCTION IN PRODUCT REJECTION DRASTIC REDUCTION IN PRODUCT REJECTION MINIMISING WASTAGES OF ALL KINDS MINIMISING WASTAGES OF ALL KINDS ENERGY CONSERVATION ENERGY CONSERVATION COST EFFECTIVE BUYING COST EFFECTIVE BUYING COST EFFECTIVE FINANCE COST EFFECTIVE FINANCE HUMAN PRODUCTIVITY HUMAN PRODUCTIVITY
SOFT SKILLS PEOPLE LOGISTICS JIT SQA SYSTEMS MANUFACTURING EFFICIENCY PRODUCTIVITY WASTE CONTROL UPDATED TECHNOLOGY CULTURE INTERNAL EXTERNAL ENVIRONMENT
5 P’S P-PEOPLE P-PEOPLE P-PREMISES P-PREMISES P-PLANT P-PLANT P-PROCESS P-PROCESS P-PRODUCT P-PRODUCT
PEOPLE ORGANISATION ORGANISATION RECRUITMENT RECRUITMENT TRAINING TRAINING SKILLS UPGRADATION SKILLS UPGRADATION HUMAN INSTITUTION HUMAN INSTITUTION VALUE TO SHARE HOLDER VALUE TO SHARE HOLDER
PREMISES LAYOUT LAYOUT HOUSE KEEPING HOUSE KEEPING CLEANLINESS CULTURE CLEANLINESS CULTURE HEALTHY ENVIRONMRNT HEALTHY ENVIRONMRNT SAFETY ASPECTS SAFETY ASPECTS
PLANT EQUIPMENT EQUIPMENT LAYOUT LAYOUT UTILITIES UTILITIES QUALITY ASSURANCE QUALITY ASSURANCE RIGHT RIGHT -MOST VIABLE -MOST VIABLE -COST EFFECTIVE -COST EFFECTIVE
PROCESS PRODUCT PROCESS PRODUCT PROCESS SYSTEMS SYSTEMS - TECHNICAL - TECHNICAL - COMMERCIAL - COMMERCIAL - FINANCIAL - FINANCIAL WORLD CLASS STANDARDS WORLD CLASS STANDARDS BUSINESS STRATEGIES BUSINESS STRATEGIES
PRODUCT RIGHT QUALITY RIGHT QUALITY RIGHT MARKETING RIGHT MARKETING RIGHT SUPPLY CHAIN RIGHT SUPPLY CHAIN - BUYING - BUYING - STORAGE - STORAGE -LOGISTICS -LOGISTICS RIGHT PACKAGING RIGHT PACKAGING RIGHT CUSTOMER SERVICE RIGHT CUSTOMER SERVICE
HEALTHY PROFITABILITY HEALTHY BUSINESS LONG TERM SUSTAINED GROWTH CRM HAPPINESS & PROSPERITY TO SHARE HOLDERS INVESTORS CUSTOMERS EMPLOYEES THE GOVERNMENT THE NATION CUSTOMER DELIGHT