Cultural Levels and Business
February 12, 2025
Fredrick Winslow Taylor ( March 20, 1856 – March 21, 1915) commonly known as ’Father of Scientific Management’ started his career as an operator and rose to the position of chief engineer. He conducted various experiments during this process which forms the basis of scientific management. It implies application of scientific principles for studying & […]
The high indebtedness of the United States of America is well known. However, USA is still considered to be an economic superpower and its economy even in the faltering state is better than many countries. However, of late Puerto Rico, an American state in the Caribbean islands has revealed information that communicates financial distress. The […]
Fossil fuels are considered to be the biggest environmental hazards of our time. The biggest objective of several global organizations is to reduce the use of these fossil fuels and replace them with something more organic. This is where biofuels can help. Governments all over the world are giving subsidies to biofuels. Many government agencies […]
Individuals should work in teams at workplaces so that the work is accomplished at a much faster rate and errors are reduced to a large extent. A single human being takes more time to complete a task as compared to individuals working in a team. In a team people can discuss issues among themselves and […]
Reinforcement theory of motivation was proposed by BF Skinner and his associates. It states that individual’s behaviour is a function of its consequences. It is based on “law of effect”, i.e, individual’s behaviour with positive consequences tends to be repeated, but individual’s behaviour with negative consequences tends not to be repeated. Reinforcement theory of motivation […]
Consultative selling has been the new buzz word doing rounds in marketing and sales circles. Lawyers and consultants have always been selling their services by consulting. However, this has now been recognized as an important attitude and orientation that every salesman, all business managers and organizations need to possess.
Organizations for long have realized the need to be customer oriented and customer focused in their total approach. Now they have gone one step ahead to practice what is called consultative selling, whereby they engage the customer, get into his shoes to identify the needs and problems and using this knowledge to build solutions that involve the products and services offered by the buyer organization. In this process, the customer and his problems or needs take the first priority over selling the product or service. Secondly everyone looks at the total solution and the product or services being sold become incidental to the solution.
The best examples or case for consultative selling comes perhaps from high tech and software as well as logistics fields. Logistics and supply chains are the backbone of every industry and organizations.
Logistics players have long since realized the need to provide a whole gamut of integrated logistics supply solutions to the clients in order to be effective. Gone are the days when logistics companies were handling particular segment of transportation or trucking etc.
Today’s logistics players or the 3 PL service providers offer all products and services from transportation, customs clearance, warehousing, packing, kitting, semi-assembly operations to distribution, freight management as well as sales order processing and dedicated customer service operations as single window service providers to multinational companies.
3PL companies today no longer sell stand alone products or services in the market. When they talk to a client like Wal-Mart, they talk about doing Purchase order management with Wal-mart’s suppliers in China, India, Mexico and other countries, consolidating freight at each of the countries, shipping, customs clearance at the point of Origin as well as destination right up to delivery, unpacking or warehousing at local distribution center and making just in time supplies to Wal-Mart’s retail locations based on replenishment orders or call offs.
To be able to manage multiple vendors, multiple country locations and ensuring that the documentation, information and reports transmission to all concerned from origin offices as well as to ensure that the shipments are tracked and managed at each leg of the journey while keeping the customer aware of the status at all times, they invest on technology solutions that connect all the offices, branches as well as teams online at all times.
Customized applications as well as dedicated customer service teams manage to ensure that they deliver their commitments as per the agreed timelines and KPIs.
The sales effort for winning this kind of a global account with global operations cannot be done in one meeting or by giving presentation about each product.
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