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The power of timely information. by
Today, senior managers are no longer the only ones responsible for providing timely information. A modern company's operation also relies on the active participation of the middle managers and head of departments. The more the managers are involved in the process, the more a company will grow.
How much information does your organisation have? In which way is it helping your company growth? Information sources are abundant and its applications have no boundaries. However, in this article I will explore the impact these sources can have on sales.
Lets start by analysing the information provided by your sales department: an in-depth analysis might let you know about your client-specific sales, the products, delivery route, region, agent, branch, customers, etc. Add the product characteristics, the amount or quantity sold, discounts, product type. Now, can you get that information from sales? If so, how long does it take you to gather that information every time you require it?
You may be able to identify that you have 200 customers from which 80% of your sales come from. You now have enough information to develop a targeted strategy in order to get 100 more customers in six months. Do you see the potential in the proper and timely use of information in your company? A by-product of this information may be that a couple branches have decreased sales consistently for two months. That triggers a preemptive analysis to understand the causes and come to a sane resolution before it even makes you lose those valued customers.
Reuters Mexican president says wants to adopt rules from EU-US trade deal April 12, 2016
Mexican President Enrique Pena Nieto on Tuesday backed a planned free trade deal between the European Union and the United States known as the Transatlantic Trade and Investment Partnership (TTIP), saying his country could also adopt it.
During a visit to Berlin, Pena Nieto said TTIP offered an opportunity for more free trade and added that Mexico, which is already part of the North American Free Trade Agreement (NAFTA) along with ...
My precious... The London-listed Mexican miner Fresnillo’s gold production climbed 26.3 per cent on the year in the three months to March 31.
The company produced 229,925 ounces of gold in the first quarter of 2016, up from 182,035 ounces in the same period last year, and an increase of 6.5 per cent compared to the fourth quarter of 2015.
Gold prices have been surging this year as the dollar retreats amid a dovish turn from the Fed and weak global inflation. In the first quarter the price of gold rose more than 18 per cent, its best quarter since 1986...
Financial Times Mexico bails out Pemex, but is it enough? April 13 2016
Finally, a government bailout for beleagured Mexican oil company, Pemex. But is it big enough?
The finance ministry announced that the state firm would get a $4.2bn shot in the arm, but given that Pemex’s 2015 losses nearly doubled to $30.3bn, that it owes $90.5bn in pensions liabilities and has debts of $87bn, that doesn’t sound like a whole lot, writes Jude Webber in Mexico City.
In return for the help, Pemex, Mexico’s biggest company, must slash its debt by the same amount, stick to a previously announced 100bn peso austerity drive and spell out debt management plans, the finance ministry said...
The Dirty Little Pollution Secret That's Choking Mexico CityDisqualified
April 14, 2016
Millions of people in Mexico City are choking on the worst air quality in 14 years, as cars and trucks add to the pollution with their outdated emissions controls. And it’s not as though Mexico lacks access to the best technology.
The nation’s export-oriented factories, the focus of a $20 billion investment boom, ship motor vehicles to countries with strict pollution limits. Yet Mexico’s requirements are less stringent so cars, pickups and commercial trucks sold ...
The price paid by companies for long-term contracts has presented a less dramatic rise than the spot Chinese lithium price, although lithium carbonate contract prices are still 50 per cent higher than in 2014.
Telsa, the car manufacturer, will contribute to the rising demand as it builds the largest battery plant in the world in Nevada, capable of producing up to 500,000 lithium-ion vehicle batteries per year. The plant is expected to produce finished battery packs from raw material by 2020...
SACI Falabella, Latin America’s most valuable retailer after Wal-Mart de Mexico SAB, agreed to open home-improvement stores in Mexico in a joint venture with Organizacion Soriana SAB. Shares in Soriana rallied.
The two companies will invest $600 million to open 20 Sodimac stores over five years, according to a filing Friday on the website of Chile’s securities regulator. Santiago-based Falabella will offer its CMR credit card through the venture with Monterrey-based Soriana, Mexico’s second-largest grocer...
New agreement for cooperation with Mexico April 15, 2016
“The Danish Institute for Human Rights has signed a Memorandum of Understanding (MoU) with Mexico to develop the country’s National Action Programme on Business and Human Rightsâ€, 12 Apr 2016
Executive Director, Jonas Christoffersen, and the Foreign Minister of Mexico, Claudia Ruiz Massieu Salinas, has signed the MoU, during the Mexican presidential visit in Denmark in April 2016..
Financial Times Oil producers’ Doha summit: what you need to know April 16, 2016
Some of the world’s biggest oil producers will meet in the Qatari capital of Doha this Sunday to thrash out a deal to freeze production that aims to draw a line under nearly two years of falling prices. The gathering will include members from Opec including Saudi Arabia — its largest producer and de facto leader — and countries outside of the cartel such as Russia and Mexico.
What's the back story?
Saudi Arabia, Russia, Qatar and Venezuela on February 16 agreed to freeze production at January levels, should other countries follow suit. The intention was to stem the oil collapse that hit...
Financial Times Pemex embarks on US roadshow to reassure investors April 18, 2016, 2016
Backed by a $4.2bn financial lifeline from the Mexican government, the new chief executive of state oil company Pemex is attacking his to-do list: alliances, disposals, job and pension cuts, and boosting production.
It is a tall order. Pemex is not alone in having been hammered by the plunge in crude prices but its traditional role as a mainstay of government finances has raised the stakes. Moody’s last month downgraded Mexico’s debt outlook to negative, fearing that the company that lost $30bn last year, and has three times that much in pension liabilities and the same amount again in debts, could prove the millstone around the sovereign’s neck...
AMBASSADOR OF MEXICO AWARDED AS DIPLOMAT OF THE YEAR
LONDON, United Kingdom, 12th April 2016.- The British magazine DIPLOMAT, specialised in foreign affairs and diplomacy, granted to the Ambassador of Mexico to the United Kingdom, Diego Gomez-Pickering, the Award as the Diplomat of the Year of North America and the Caribbean, for his outstanding performance in the UK.
