Challenges
Business solutions, High manpower cost with less or absolutely no participation of senior sales team, leading into same turnovers for a number of years. Overseas headquarters wanted results, as investments were always to meet up the expenses – Subsidiary was not able self sustain
Services Provided
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M+V Altios proposed a distributor-led operating model for the business
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M+V Altios became the distributor and deployed a skilled, dedicated operational team
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Sales activities were supported by the principal company
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Procurement and business operations were managed by M+V’s supply chain (operations) team
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Within five months of the second year, the previous year’s turnover was achieved
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Costs were brought under control and the business moved into recovery
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The subsidiary’s operations were fully administered, controlled, and run by M+V Altios as the distributor
Delivered Value
Hired a highly motivated sales team, engaged with the team to give results on a regular basis, kept team in spirits high and in line with the business strategy, framed pricing policies, strict payment terms and are driving business with passion like a leader. Market acknowledges the product and the service levels.
