Extensive experience in E-Commerce
Working in an e-commerce business, and in particular in dealing with products with a short life cycle, as it is the case of semiconductors,
it is essential to have a high turnover ratio.
Achieving a high turnover ratio means essentially, managing, marketing, selling and replenishing the inventory as fast as possible. That is,
as effectively and efficiently as possible. This undertaking is cumbersome and it requires a certain degree of automation, a system that does the job,
which is what brought about my interest in the field of computer science.
In addition, working with different departments, logistics, accounting, legal,
marketing, amongst other, and being involved in large logistic and financial operations, brought about the need to structure an intra-net and a public web,
automating marketing campaigns with mailing systems, databases, invoicing and in short dealing with all these matters in a more or less automatic way.
This is where my experience comes into play. I know first hand what is it that is necessary for an enterprise to succeed.
Challenge and responsibility
Maintaining large quantities of inventory is a big challenge, and it is something which fascinated me and has impacted my perception of the business world out there.
Placing an order directly from a manufacturer in China means to get into large monetary transactions. These large purchasing transactions can saturate a company's liquidity,
and oftentimes there will be large insurance brokerage firms and banks extending credit and awaiting payment without delay.
Because of this, the selling process should not start while the product is still at sea, it should start earlier. Well before the containers dock at port, it is in fact my experience,
that the selling process has to start before the goods are produced. How to achieve this?
Good forecasting, communication and being in close touch with clients is essentially the key to success.
I learned back then that having an effective system can help increase performance, and to avoid loses due to client dissatisfaction. Which is, in short, what a half decent system helps you with.