How to administrate your company’s information
Your business creates a huge amount of information every day, and knowledge is power, but it is also important to know how to administrate that information, which can create a competitive advantage for any businessman.
“It is important to have a correct system that will administrate the information of a company, so it does not get lost, such as inventory, financial operations, marketing and any valuable data that will allow your business to keep on growing”, said Salomon Juan Marcos Villarreal, a Mexican entrepreneur, president of Grupo Denim.
These are some action plans that you can do to set a system that will administrate your company’s information:
- Customer’s information – A happy customer will always come back to your business, and can even recommend your services or products, helping you increase your sales, so it is important to detect what your customers mark, their favorite brand, how often they buy something, this way, you will be able to contact your regular clients and offer them what they need.
- Inventory – When you establish a business system that will save your information, you will be able to determine your minimum and maximum existence, by predicting what you will need to have in inventory, depending on your sales history, how much a product is sold by month or season, it is important that you have in had what your customers need, remember that if they do not find what they need, it might be possible they do not go back.
- Delivery times – Administrating your company’s information will always help you to estimate the exact time you require to deliver goods to your customer, depending on their localization, transportation and other factors, it is important to have this information in hand so you can give clear and correct answers to your customers whey they ask you when will they get their products.
“The more information we keep on a company, the fastest we can react to our customers’ needs, times of delivery, and inventories, which will help offering a better service to the customers”, added Salomon Juan Marcos Villarreal, about this topic.