Sunday, 26 February 2006 22:25

Return on Capital Employed on Stock

Stock circulation coefficient and customer service level are the main basic indicators of the success of stock management. Capital employed on stock shall be reduced by means of an increase in stock circulation coefficient whereas customer loyalty, bearing vital importance for the company, shall be risen by means of an increase in service level. As I have mentioned in my previous article, there are three basic functions of operations: manufacturing, marketing&sales and finance. Satisfactory financial results shall be obtained for…
There are three operations performed within companies: Manufacturing (goods and/or service), marketing and finance. Wealth is achieved by means of successful and effective management of aforementioned basic three operations within global economies. And for successful and effective management of basic operations, right decisions should be taken in terms of process, quality, capacity and stock management.   Stocks are generally the largest assets of a company. Stocks should closely and strictly followed in order to ensure the stocks to be consisted…
A globalization process is dominating the whole world. The borders are removed and regional markets are established within this process. Specialist/expert companies throughout the whole world are entering into these markets and trying to find new clients and increase their revenues. The companies are recently configured to make business in international markets. The companies, which are not able to make business in international markets, are pulling out of the markets. Making business in such worldwide markets has vital importance to…
The relationship between manufacturer and customer in automotive sector starts just after the sales and develops as long as vehicle is used. Customer satisfaction or dissatisfaction concerning service and spare parts within this process becomes a crucial factor for further vehicle purchases. In other words, first vehicles are sold by sales departments whereas the further vehicles are sold by success of service and spare part operations. For this reason, automotive manufacturers expand their authorized service network in order to distribute…

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"Use Your Potential / Success Guide of the Service Station Manager" Ayhan Dayoğlu

Publised By OYDER

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