A store is where people sell things. It's a pretty direct relationship.
the relationship b/w purchasing, marketing and sales
the production dept will prepare store requisition and send it to the store dept. the store keeper will issue the goods accordingly, posting of the goods in the system to track records. check the article history. if finished in the store. then need to raise Purchase request and send to purchasing department to raise Purchase Order,
demand forecasting is crucial for sales forecast
Marketing researches markets and implements advertising to bring in customers for businesses which the sales process begins.
A promotion is made to encourage the sales process in the store or place of purchase. Advertising is the delivery of the message to the consumers making them aware that a promotion even exists.
the relationship b/w purchasing, marketing and sales
The relationship between sales and profits can be expressed through the profit margin formula, which is (Profit / Sales) x 100. This formula shows what percentage of sales results in profit. A higher profit margin indicates that a company is more efficient at converting sales into profit.
the production dept will prepare store requisition and send it to the store dept. the store keeper will issue the goods accordingly, posting of the goods in the system to track records. check the article history. if finished in the store. then need to raise Purchase request and send to purchasing department to raise Purchase Order,
duties of relationship manger
A stock to sales ratio determines the relationship between how much stock you have and how much you are selling. Ideally this ration should be as low as possible without being so low that your store appears empty.
Store departments within an organization typically have strong relationships with other departments such as procurement, inventory management, sales, and marketing. The store department relies on procurement to source products, inventory management to track stock levels, sales to understand customer demand, and marketing to promote products effectively. Effective communication and collaboration between these departments are crucial for ensuring smooth operations, optimizing inventory levels, and meeting customer needs efficiently.
demand forecasting is crucial for sales forecast
Marketing researches markets and implements advertising to bring in customers for businesses which the sales process begins.
GameStop has sales all the time, ranging from between store hours, to all day (through online buying).
if i would have known i could have written in my exam
supply
There is no inherent relationship between the two. It's possible to implement a stack using an array to store date, but that's about it.