Business success
What business success depends on
Are these symptoms familiar?
- Our profitability is poor because we need more sales
- We can’t achieve our sales targets because we just can’t discover what customers really want to buy
- Our products cost too much to manufacture
- Our production lead-time is just too long from receipt of order to delivery
- We never manage to launch on time and we lose valuable sales
- Our stock levels are too high and a lot of it won’t shift - and it’s occupying valuable floor space and costing us a bomb
- We keep exceeding our product development budgets - but the reasons always seem so plausible
- It costs us too much to fund the level of promotion we need to achieve our sales targets
- We keep missing our target launch dates because unpredictable factors keep delaying our new product programmes
- We need to spend too much on promotion to get the sales level we need
- We have too much work in progress - and it’s occupying valuable floor space
- We can’t go on like this - we might become insolvent. How can we avoid it
Remedies are:
- Develop products that customers clamour to buy
- Cut the cost of developing them
- Cut the cost of manufacturing them
- Drastically reduce the time it takes to develop them
Click here to read how...
