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Showing posts from February, 2020

We practice FIFO for our inventory

FIFO stands for “First-In, First-Out” . A method we practice for our warehouse inventory to maintain our stock of  air freshener delivery to our customers. Be it our retail partners or direct customers. Overview of the First-in, First-out Method The FIFO flow concept is a logical process for our inventory and  business flow since selling off the oldest goods first reduces the risk of inventory obsolescence. Under the FIFO method, the earliest goods purchased are the first ones removed from the inventory account. This will in fact deliver updated inventory to our customers. We placed this FIFO process is of great importance as it will also help our parent company to take the necessary action timely if there are any quality issues. Zudexandra Singapore emphasis FIFO in our process as our core importance for our long term business strategy.

Retail business model for Zudexandra Singapore

Business growth and staying in success mode strategy for Zudexandra retail business model 1st stage: Expand retail outlets with new partners all around Singapore neighborhood. Repeatable and scalable business model. Create upward spiral of growth by  expansion of outlets in other regions in the future. 2nd stage: Maintain loyalty and trust between business partners and customers. Provide sufficient stocks at retail with competitive pricing. 3rd stage: Continuous marketing efforts on digital platforms and getting involve on roadshow and events to create brand awareness for Dexandra products. 4th stage: Global retail marketing efforts to improve De'xandra quality products visibility and increase brand awareness worldwide.