System ID provides productivity enhancing technology that helps businesses better manage inventories, assets and data collection by improving accuracy and efficiency.
The Prosen Center is a business partner of System ID and has developed the 2008 Ten Tips for Recession Proofing Businesses. By using these tips, we hope this will help you have a smoother ride through the potential recession period.
- Always run leaner than the status quo would prefer, especially in good times.
Warehouse Automation
Time and Attendance - Verify that at least 50% of customers are loyal. Meaning, they will continue to buy from the company and willingly provide their testimonials and referrals.
- Identify the organization's top 3 most critical objectives and have measurement tools in place to ensure they are being met.
- Take a critical look at the corporation's performance management system to make certain rewards are tied to results and not how hard people work.
- Weed out sales people who haven't been meeting their numbers. Ensure all recognition systems rewards margin, drives revenue and encourages accountability.
- Evaluate the accuracy of every sales forecast and make the necessary adjustments to improve the reliability of winning future business.
Mobile Sales Force - Get receivables in order and ensure appropriate inventory levels.
Inventory Control
Asset Management - Measure employee productivity and immediately stop working on non-essential initiatives.
- Ensure that your company can operate with a 15% drop in sales, and put a plan in place just in case that should happen.
- Discourage buying into the theory that recession means failure; rather, plan ahead to increase efficiency and win a larger share of the available opportunities.
Efficiency Tools for Every Business.
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