Sales Outsourcing
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Sales Outsourcing
Sales outsourcing refers to indirect sales process through which the seller sells products or services to buyers while making some profits. Purpose of indirect sales The sole purpose of a contract sales organization is to provide sales resource to its clients, without taking title to their products. Sales outsourcing providers include manufacturers' representatives, contract sales organizations, sales agents or SO outsourcing consultants. One way of organising the sales effort, especially when product delivery is erratic, is to replace or supplement internal resources with functionality and expertise brought in from contract sales organisations. SO outsourcing is quite different from large-scale service outsourcing, which has its advantages but also requires pro-active contract and relationship management. In addition to full sales outsourcing, many partial models are observed, particularly in large firms. Advantages SO is expected to be cheaper than the fully loaded cost o ...
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Manufacturers' Representative
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. ...
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Level 3 Communications
Level 3 Communications was an American multinational telecommunications and Internet service provider company headquartered in Broomfield, Colorado. It ultimately became a part of CenturyLink (now Lumen Technologies), where Level 3 President and CEO Jeff Storey was installed as Chief Operating Officer, becoming CEO of CenturyLink one year later in a prearranged succession plan. Level 3 operated a Tier 1 network. The company provided core transport, IP, voice, video, and content delivery for medium-to-large Internet carriers in North America, Latin America, Europe, and selected cities in Asia. Level 3 was also the largest competitive local exchange carrier (CLEC) and the 3rd largest provider of fiber-optic internet access (based on coverage) in the United States. On October 31, 2016, CenturyLink announced an agreement to acquire Level 3 Communications in a cash and stock transaction. Level 3 became part of CenturyLink on November 1, 2017. History 1985 to 2000 In 1985, Pete ...
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Offshoring
Offshoring is the relocation of a business process from one country to another—typically an operational process, such as manufacturing, or supporting processes, such as accounting. Usually this refers to a company business, although state governments may also employ offshoring. More recently, technical and administrative services have been offshored. Offshoring and outsourcing are not mutually inclusive: there can be one without the other. They can be intertwined (offshore outsourcing), and can be individually or jointly, partially or completely reversed, involving terms such as reshoring, inshoring, and insourcing. Offshoring is when the offshored work is done by means of an internal (captive) delivery model, sometimes referred to as ''in-house offshore.'' Imported services from subsidiaries or other closely related suppliers are included, whereas intermediate goods, such as partially completed cars or computers, may not be. Motivation Lower cost and increased corporate prof ...
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International Business
International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries. Transactions of economic resources include capital, skills, and people for the purpose of the international production of physical goods and services such as finance, banking, insurance, and construction. International business is also known as globalization. To conduct business overseas, multinational companies need to bridge separate national markets into one global marketplace. There are two macro-scale factors that underline the trend of greater globalization. The first consists of eliminating barriers to make cross-border trade easier (e.g. free flow of goods and services, and capital, referred to as "free trade"). The second is technological change, particularly developments in communication, information processing, and ...
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Business Terms
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated an ...
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Sales
Sales are activities related to selling or the number of goods sold in a given targeted time period. The delivery of a service for a cost is also considered a sale. The seller, or the provider of the goods or services, completes a sale in response to an acquisition, appropriation, requisition, or a direct interaction with the ''buyer'' at the point of sale. There is a passing of title (property or ownership) of the item, and the settlement of a price, in which agreement is reached on a price for which transfer of ownership of the item will occur. The ''seller'', not the purchaser, typically executes the sale and it may be completed prior to the obligation of payment. In the case of indirect interaction, a person who sells goods or service on behalf of the owner is known as a salesman or saleswoman or salesperson, but this often refers to someone selling goods in a store/shop, in which case other terms are also common, including '' salesclerk'', ''shop assistant'', and ''r ...
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Chicago
(''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = United States , subdivision_type1 = State , subdivision_type2 = Counties , subdivision_name1 = Illinois , subdivision_name2 = Cook and DuPage , established_title = Settled , established_date = , established_title2 = Incorporated (city) , established_date2 = , founder = Jean Baptiste Point du Sable , government_type = Mayor–council , governing_body = Chicago City Council , leader_title = Mayor , leader_name = Lori Lightfoot ( D) , leader_title1 = City Clerk , leader_name1 = Anna Valencia ( D) , unit_pref = Imperial , area_footnotes = , area_tot ...
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Petaluma, California
Petaluma (Miwok languages, Miwok: ''Péta Lúuma'') is a city in Sonoma County, California, Sonoma County, California, located in the North Bay (San Francisco Bay Area), North Bay region of the San Francisco Bay Area. Its population was 59,776 according to the 2020 United States census, 2020 census. Petaluma's name comes from the Miwok village named ''Péta Lúuma'', that was located on the banks of the Petaluma River. The modern city originates in Rancho Petaluma, granted in 1834 to famed Californio statesman Mariano Guadalupe Vallejo, considered to be the founder of Petaluma. Today, Petaluma is known for its well-preserved historic center and as a local hub for the Petaluma Valley region of Sonoma County.Kay Ransom, C. Michael Hogan, Ballard George et al., ''Environmental Impact Report for the Petaluma General Plan'', prepared by Earth Metrics Inc. for the city of Petaluma (1984), History The Coast Miwok resided throughout Marin County, Marin and southern Sonoma County, Cal ...
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Salt Lake City, Utah
Salt Lake City (often shortened to Salt Lake and abbreviated as SLC) is the Capital (political), capital and List of cities and towns in Utah, most populous city of Utah, United States. It is the county seat, seat of Salt Lake County, Utah, Salt Lake County, the most populous county in Utah. With a population of 200,133 in 2020, the city is the core of the Salt Lake City metropolitan area, which had a population of 1,257,936 at the 2020 census. Salt Lake City is further situated within a larger metropolis known as the Salt Lake City–Provo–Orem Combined Statistical Area, Salt Lake City–Ogden–Provo Combined Statistical Area, a corridor of contiguous urban and suburban development stretched along a segment of the Wasatch Front, comprising a population of 2,746,164 (as of 2021 estimates), making it the 22nd largest in the nation. It is also the central core of the larger of only two major urban areas located within the Great Basin (the other being Reno, Nevada). Salt Lake C ...
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Telarus
Telarus is a U.S.-based sales agency that holds contracts with commercial network, cloud, and cybersecurity providers, and consolidates the sales volume of a network of independent sales agents known as 'Technology Advisors'. As a '' Technology Solutions Brokerage'', Telarus functions as the top layer in the two-tier distribution model that is recognized as a key success factor in sales of business voice and data services. The company also develops patented software to facilitate its price searches for voice and data telecommunications services. It has operations in Australia, Canada, UK, and the United States. History Telarus was founded in June 2002 in Huntington Beach, California by Adam Edwards and Patrick Oborn. The focus of the company was to offer improved service to commercial telecommunications clients. Operating originally as a telecommunications reseller, Telarus generated leads using web and search engine marketing. They followed up on each lead, contacted the T1 car ...
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Windstream
Windstream Holdings, Inc., also doing business as Windstream Communications or Windstream, is a provider of voice and data network communications (broadband, VoIP, MPLS), and managed services ( virtual servers, managed firewall, data storage, cloud-based voice, etc.), to businesses in the United States. The company also offers residential broadband, phone and digital streaming TV services to consumers within its coverage area. It is the ninth largest residential telephone provider in the countryLeichtman Research Group"Research Notes," First Quarter 2012, pg. 6, Windstream (#9) with 1,931,700 residential phone lines. with service covering more than 8.1 million people in 21 states. The company was formed in 2006, when Alltel's local telephone service merged with Valor Communications Group out of part of GTE (now part of Verizon's) local telephone business in the Southwestern United States. Windstream is a partner with DirecTV, offering satellite service to its customers. History ...
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XO Communications
XO Communications, LLC (previously Nextlink Communications, Concentric Network Corporation and Allegiance Telecom, Inc.) was an American telecommunications company. Before being purchased by and later absorbed by Verizon Communications. XO provided managed and converged Internet Protocol (IP) network services for small and medium-sized enterprises. XO delivered services through a mix of fiber-based Ethernet and Ethernet over Copper (EoC). In addition, the company had external network-to-network interface (E-NNI) agreements with traditional carriers and cable companies. Acquisition by Verizon Communications In a news release dated February 22, 2016, Verizon Verizon Communications Inc., commonly known as Verizon, is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is headquartered at 1095 Avenue of the Americas in ... announced plans to acquire XO Communications' "fiber-optic network business. ...
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