Develop strategies to maintain a competitive advantage


Task:

The Retail Sales Manager will be responsible for making sure the organization's daily operations are running smoothly. He/she will be responsible for managing inventory to ensure that the organization has an adequate supply of products in stock for consumer demand. The sales manager must have strong communications and interpersonal skills.

The retail sales manager must maintain an accurate record of cash income, outflow, and revenue. The sales manager must make sure that by the end of the day all money is accounted for. He/she must have some form of financial accounting knowledge and experience.
The sales manager is responsible for paying employees and making sure that the hours worked match the paycheck earnings.

The sales manager must take on the role as a personnel administrator that monitor the hiring, firing, and personnel processes, which include employee training and development. He/she makes all the important decisions in terms of organizational restructuring.

The sales manager is always focusing on how to improve customer service.

Initiate periodic upgrades based on current trends.

Establish a budget, look for ways to reduce costs and find innovative ways to become more profitable.

Forecast sales for senior managers.

Initiate, plan, and develop strategies to maintain a competitive advantage.

Conduct periodic sales meetings.

Resolve conflict and handle administrative issues.

Analyze competitive markets.

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Project Management: Develop strategies to maintain a competitive advantage
Reference No:- TGS01769037

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