May 2014
Intermediate to advanced
176 pages
3h 24m
English
This chapter focuses on the business dimensions that promote sales revenue growth. The two basic ways to increase the volume of sales are as follows:
1. Fulfill a new demand: When a new demand surfaces in a business environment, it is probably associated with a new product, new solution, new application, new client, new geographic region, or a combination of these. The impact, intensity, and complexity in the supply chain may different markedly in any of these cases, but the commonality is this: a new market exists.
2. Fulfill an existing unsatisfied (for whatever reason) demand: Lost-sales patterns must be identified, mitigated, and reduced.
In fact, there is also a third opportunity, associated with efficiency ...
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