Activities of Business Development Plan (Management)
- System to track trends in imported RM and best buy decisions.
- Sourcing & substitition for chemicals supply
- Re-order schedule depending on import time frame
- Material receiving systems
- Stacking / storage systems
- Daily stock reports
- Lot card system for costing
- Technical Specifications for Raw Material, Chemicals, & Packaging material
- Multiple Suppliers
- Purchase decision recording Draw Cost spreads for each product
- Material receiving systems and documentation
- Stacking / storage systems
- Daily stock reports
- Stock valuation methods
- Developing trends and historical data for purchase decisions
- Benchmark MHD costs
- Flexibility to change product Mix with optimum response time
- Formulation & Product Mix on the basis of Raw materials, & Chimicals - Availability & prices
- Daily stock reports
- Demand for each product from marketing department
- Sales plan from marketing
- Competitors volume & price charts from marketing
- Formation of Decision making team of Technical, Management & Marketing persons - their rolls, boundries & responsibilities
- Product-wise plan
- FIFO system with batch wise stocking. Decide batch size
- Documentation control for dispatches
- Distribution network to cover different states
- Quality control at dispatch
- Manage lower grade and reject materials Sales - Credit v/s cash
- Stock valuation methods
- Benchmark MHD costs System to collect
- Competing products - volume, quality, packaging and prices
- Marketing strategy - to decide SKUs
- Computerisation & Documentation
- Product pricing and expected MRP
- Branch accounting , stock reconsiliation.
- Expanding Customer Base
- Customer feedback, & corrective actions.
- Brach operations control
- Promotional Activities
- Product wise profitability
- Bugetory control System for Materials, Conversion & Marketing ativities
- Monthly MIS reflecting factory performance, mktg performance and cost/price trends
- Monthly recnocillations
- Monthly accounting formats
- Net investment statement
- Cash and Bank controlst
- Authorisation levels
- Design and implement MIS system for daily, weekly, monthly and annual reports
- Daily reports - factory, marketing, MHD, Cash and Bank etc.
- Reports on Materials price trends, & Competion.
