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Professional Business Recipe for Success

Explore the key elements of the current business scenario, strategies for survival and growth, profitability, and customer delight in the global market. Learn about effective business practices for long-term success.

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Professional Business Recipe for Success

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  1. PROFESSIONAL BUSINESS RECIPE BY TEJ MAGAZINE,DIRETOR, TRAAM SERVICES PVT. LTD, CHANDIGARH-INDIA E-mail:tej@traambiz.com web:www.traambiz.com

  2. PROFESSIONAL BUSINESS RECIPEHIGHLIGHTS • CURRENT BUSINESS SCENERIO • BUSINESS STRATEGY • SURVIVAL • GROWTH • PROFITABILITY • ENVIRONMENT • 5 P’S • CUSTOMER DELIGHT

  3. CURRENT BUSINESS SCENERIO • COMMUNICATION & INFOTECH REVOLUTION • LIBERALISATION OF WORLD ECONOMY • WORLD- A GLOBAL VILLAGE • CUTTING EDGE GLOBAL COMPETITION

  4. PRODUCE & SELL STANDARD PRODUCT CREATE MARKET CUSTOMISED PRODUCT BUSINESS STRATEGY YESTERDAY TODAY

  5. SURVIVAL • EXCELLENT SERVICE TO EXISTING CUSTOMERS • ZERO DEFECT QUALITY • EDGE OVER COMPETITOR ON PRICE • 100 % COMMITTED DELIVERY • ECONOMICAL & EFFECTIVE LOGISTICS • POSITIVE & RESPONSIVE COMMUNICATION

  6. GROWTH • QUICK RESPONSE TO NEW CUSTOMERS • FAST SAMPLE DEVELOPMENT • ACTIVE ASSISTANCE IN PRODUCT APPLICATION • EFFECTIVE CUSTOMER CONTACT • COMMITMENT TO PRICE • PENETRATION IN WIDE AREA MARKET NETWORK –REGIONAL- NATIONAL - GLOBAL

  7. PROFITABILITY • DRASTIC REDUCTION IN PRODUCT REJECTION • MINIMISING WASTAGES OF ALL KINDS • ENERGY CONSERVATION • COST EFFECTIVE BUYING • COST EFFECTIVE FINANCE • HUMAN PRODUCTIVITY

  8. ENVIRONMENT

  9. 5 P’S • P-PEOPLE • P-PREMISES • P-PLANT • P-PROCESS • P-PRODUCT

  10. PEOPLE • ORGANISATION • RECRUITMENT • TRAINING • SKILLS UPGRADATION • HUMAN INSTITUTION • VALUE TO SHARE HOLDER

  11. PREMISES • LAYOUT • HOUSE KEEPING • CLEANLINESS CULTURE • HEALTHY ENVIRONMRNT • SAFETY ASPECTS

  12. PLANT • EQUIPMENT • LAYOUT • UTILITIES • QUALITY ASSURANCE • RIGHT -MOST VIABLE -COST EFFECTIVE

  13. PROCESS • PRODUCT PROCESS • SYSTEMS - TECHNICAL - COMMERCIAL - FINANCIAL • WORLD CLASS STANDARDS • BUSINESS STRATEGIES

  14. PRODUCT • RIGHT QUALITY • RIGHT MARKETING • RIGHT SUPPLY CHAIN - BUYING - STORAGE -LOGISTICS • RIGHT PACKAGING • RIGHT CUSTOMER SERVICE

  15. CUSTOMER DELIGHT HEALTHY PROFITABILITY HEALTHY BUSINESS LONG TERM SUSTAINED GROWTH CRM • HAPPINESS & PROSPERITY TO • SHARE HOLDERS • INVESTORS • CUSTOMERS • EMPLOYEES • THE GOVERNMENT • THE NATION

  16. THANK YOU

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