RESEARCH PAPER

PRFT SALES MARKETING

Company profile

PRFT SALES MARKETING is a distributing business that has been functioning in the market for thirteen years now. Their warehouse is located at 5303 Ubas St., Homesite Dau, Mabalacat, Pampanga. The company is owned by the Castro Family, under the name of Rogelio Cato Castro and the marketing department is headed by Mrs. Bernadine Castro.

The company now has a growing area of distribution of different kinds of products like candies, water, pasta, and chips. Some of their key suppliers are Zestar, Wusong Corporation, Coco New Tianle, Candy Castle Food Industry, Inc., Gold Label, and Alibaba Food Corporation. They distribute their products to different companies in Bulacan, Pampanga, and Zambales. The companys main targets are the stores that are located in the rural areas and public markets of the provinces.

Guided by the statement, Challenge is the path to success!, the owners vision for building this company is to create an outstanding value for clients in introducing new great products in the market and developing a great company. The owners believe that there are many products in the market that has the potential to help their company profit more and raise their status in the business competition. Their goal is to continue the quest of finding the best products that can help them achieve their goal to maximize their profit while maintaining a good reputation in the business world.

The mission of PRFT sales marketing is to offer and introduce new quality products to the entire region in a very efficient way. They provide service that fits the local conditions to clients in every region and likewise, clients looking for success in the global market. They aim to make the flow of products efficient for both parties, suppliers, and consumers, by supplying their products right on the doorstep of their buyers

History

PRFT sales marketing started small. They only have two motor kolongs that deliver only around Pampangas side street or the small store around Pampanga. The products that PRFT started to sell are candies, jelly ace, and juice. The owner of the company Rogelio Castro was once a delivery man thats why he knows every side of sales and marketing, he uses his knowledge and experiences to gain customers.

After how many years new products are introduced to PRFT sales marketing and they have new products that they will introduce to the market. This process goes up until now and their areas go larger, their workers added, their customers added.

VGMOs

• Vission- Challenge is the path to success! Creating an outstanding value for clients in introducing new great products in the market and developing a great company
• Mission- The mission of PRFT sales marketing is to offer and introduce new quality products to the entire region in a very efficient way.
• Goals- The goal of PRFT sales marketing is to continue the quest of finding the best products that can help them achieve their goal to maximize their profit while maintaining a good reputation in the business world.

Kind of business engagement

PRFT sales marketing now has a growing area of distribution of different kinds of products like candies, water, pasta, and chips. Some of their key suppliers are Zestar, Wusong Corporation, Coco New Tianle, Candy Castle Food Industry, Inc., Gold Label, and Alibaba Food Corporation. They distribute their products to different companies in Bulacan, Pampanga, and Zambales. The companys main targets are the stores that are located in the rural areas and public markets of the provinces, they also target supermarkets such as Jumbo Jenra, Puregold, Choas.

Business process

The company operates by having the salesman look for bookings of potential buyers and then the salesman will be the one handling the accounts of the buyers in the public market. After looking for customers, drivers, and kolong salesmen will be the ones responsible for delivering the products to their designated destinations. Currently, the distributing company has 1 booking salesman, 1 truck operator, and 4 kolong sidecars in Pampanga, 1 booking salesman, 1 truck operator, and 3 kolong sidecars in Bataan, and 2 booking salesmen, 2 truck operators, and 3 kolong sidecars in Zambales.

The functional areas of PRFT sales marketing start with the management, during planning, they only involve the management of the company. They just finalize the plans of the company for the entire year and then, disseminate it to their salesmen and other employees. Given the situation, however, they dont just restrict their plans to themselves. Instead, they also consider suggestions from their employees, especially from their salesmen and drivers.

The Marketing and Sales are the teams that make sure the companys products are known to the market, they have booking salesman that takes care of the products that are to be ordered.

The Operations of the PRFT sales marketing are focused on the drivers, and deliveryman which focuses on distributing the ordered products to the customers.

The Finance of PRFT sales marketing is the daily money or checks that the deliveryman, booking salesman acquire are to be submitted and recorded to the finance.

Impacts of ERP System in PRFT sales marketing if implemented

If the PRFT sales marketing pursues its plan to upgrade to an ERP system there would be a lot of impacts. PRFT sales marketing can maximize its resources and improves productivity. They can also monitor and act on issues faster because they can access business information instantly and get the information faster that could result in better decision-making. They can maximize their resources and improve productivity by minimizing errors, redundancies, and delays that will result to a better workplace because the employees can do more in lesser time. The ERP system will make improves every aspect of its functional areas.

Question:

What is Financial Management about this paper?

Example of financial management about this paper

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