Can Slowdown be an opportunity for MSME Sectors

Slowdown can be an opportunity !! Since I ventured into entrepreneurship I have been part of one recession in 2012 and probably looking at another one in 2019-20 with the overall Global Scenario and now with the Corona Virus Impacts it is gonna further delayed. The Earlier looming Global recession was said to get better in 1-2 years but now with the COVID-19 impacts no one has a exact  idea of how bad the impacts or how  long  it would take to recover.but regardless there is not much I can do about but improve my current setup and look for alternate options to stay afloat and swing back when the tide turns around. Here are some ideas that I intend to do.

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Importance of Sales & Operations Planning Process ( S&OP)

Sales & Operations Planning Process - S&OP is a process that shares information and brings people together in a structured, single plan that is defined across the functional departments. People often confuse S&OP with complex, expensive software tools, but the process comes first, not the system. If you haven’t thought out your process properly, then even the most expensive software in the world won’t save you. SOP Process is applicable to both Manufacturers and Large Retailers or Wholesalers.

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B2B Ecommerce - Savings & Gains for Distributors & Manufacturers

As B2B Ecommerce continues to grow many traditional businesses and vendors are now adopting B2B Ecommerce as a mainstream part of their current operations. This is mainly driven by the fact that B2B buyers are demanding a better experience in their professional lives which is coming from their experiences as consumers purchasing from omni-channel retailers. Based on a study last year 75% of B2B buyers surveyed stated that they would buy again from a supplier with an easy-to-use website.

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Pointers & Tips for starting your Own Venture/Business

Are you thinking about venturing into Entrepreneurship and start your own Business Venture, here is preliminary list of questions which one needs to answer and get clarified.

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