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Strategies & Market Trends : Tang's school of business management for serious investors

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From: Arthur Tang	11/22/2006 6:26:54 PM
	of 57

How to reduce headcount and introduce efficiency ? Efficiency in business is defined as sales volume or revenue divided by the number of people employed. Nowadays, stores are often $1 million per employee. Manufacturing is $250,000 per employee. This means you need supply chain software to control JIT(just in time) hired help. It costs $1 million to put a supply chain software into a company to do e-market world wide. The supply chain software can save $5 million in inventory reduction, if your company is 4100 million is sales. However, supply chain software in franchises is awfully cheap to acquire. Store can be bought from 424,000 to $50,000. The headquarters came with the franchise. E-market is the future efficiency in business.

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