NMMMA organizes expert session on business guidance for members

Nagpur: 14^th October 2012

Nagpur Mill and Machinery Merchant’s Association  (NMMMA) has launched an initiative to provide interaction with business experts for its members. NMMMA members include more than 150 small and medium sized industrial dealers and distributors from Nagpur The first session was organized at Hotel Woodlands, Gandhi Bag on 6^th October 2012. Mr. Chandra Bhople, Director of Octave Business School responded to various real life business challenges faced by the members. Mr Viraj Sathe, Secretary of NMMMA welcomed the speaker. The session was conducted in both English and Hindi. More than 80 members attended this 2 hour session which was followed by dinner. The questions were related to marketing, operations and personal work-life balance. Mr Bhople provided practical yet easy to implement solutions for challenges. In marketing these included how to quickly assess credit standing of a customer company, how to build brand loyalty to assure growing sales, how to acquire new customers, and how to promote products. On the operations side he addressed questions such as maintaining right levels of inventory, and how to control absenteeism of employees. He discussed an easy approach of time management for balancing work and personal life. He strongly recommended that the next generation should get good education and grow family business. Mr. Kamal Chokhani, President of NMMMA summarized the session by saying that the members should develop habit of analyzing business situations before taking actions.