The Industry Association would take the following stand:
1) Offers made to distributors should include an expiration date and provide advance notice if stock bonuses cannot be delivered immediately.
2) Payment cycles must be strictly followed, but delays could be allowed with consent from the receiver.
3) The Association can mediate disputes between companies and distributors if they cannot resolve issues themselves.
The Industry Association would take the following stand:
1) Offers made to distributors should include an expiration date and provide advance notice if stock bonuses cannot be delivered immediately.
2) Payment cycles must be strictly followed, but delays could be allowed with consent from the receiver.
3) The Association can mediate disputes between companies and distributors if they cannot resolve issues themselves.
The Industry Association would take the following stand:
1) Offers made to distributors should include an expiration date and provide advance notice if stock bonuses cannot be delivered immediately.
2) Payment cycles must be strictly followed, but delays could be allowed with consent from the receiver.
3) The Association can mediate disputes between companies and distributors if they cannot resolve issues themselves.
The Industry Association would take the following stand:
1) Offers made to distributors should include an expiration date and provide advance notice if stock bonuses cannot be delivered immediately.
2) Payment cycles must be strictly followed, but delays could be allowed with consent from the receiver.
3) The Association can mediate disputes between companies and distributors if they cannot resolve issues themselves.
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Q.
3 If you are the
Industry Association, what will be your stand Group-3 and why? Saleha Butt- 19BSP2407 Sakshi Srivastava- 19BSP2404 Saugat Kaushik- 19BSP2498 Saloni Agrawal- 19BSP2410 Satyajit Patel- 19BSP2491 An offer should be detailed with expiration date. There should be prior intimation for booking bonus stock incase possession cannot be immediate. Q.2 If you are Payment cycle should be strictly abide. In case of delay, there should be consent of the payment receiver. the Industry If they cannot get a solution favoring both the parties, we can Association, serve as a forum where they can settle their disputes. Offer could be negotiated between both the parties and mutual what will be both parties should agree mutually on offer rate so that it’s win- your stand and win situation for both Prior information about the bonus offer should be given to the why? distributors considering the probability that distributor are not in the state of taking any immediate possession All the details related to the bonus offer should informed in detail with all the terms and conditions Q.6 From this case what lesson should the top management of Sonton Group-3
draw Saleha Butt- 19BSP2407
Sakshi Srivastava- 19BSP2404 Saugat Kaushik- 19BSP2498 Saloni Agrawal- 19BSP2410 Satyajit Patel- 19BSP2491 Company should be aware of the stock levels with the distributor and provide offers on suitable time Flexibility in policies for key accounts will help in referrals and keep Q.6 From this them delighted case what Payment cycles should not overlap lesson should There should be proper communication in the supply chain of the organization the top Company needs to be aware about the fact that distributors help management them grow their business and they need to give them flexible offers with flexible expiration date of Sonton As in this case D R distributors contribute 7% of Ankush's yearly draw sales of 60 million and at the same time Kushal from D R distributors is a very influential person and he can create problem for the company in the pharmaceutical market. Ankush's one wrong step can cost him a huge amount.