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What is the strategy you will do if the company give an assignment to dispose all the products that nearly expired but the company get benefits ?

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Question added by Julie Ann Collado , checker , johnson company
Date Posted: 2014/10/03
Muhammad Owais Shehzad
by Muhammad Owais Shehzad , Intern , Nestle Pakistan Ltd.

It will be depending upon type of products. For example if the product is perishable, it can be sold to banquets hall or restaurants at a price lower than retail price. By this way, the product can be utilized before expiry and company will not be losing the entire amount of money.

shahid hussain k abdul hafeez
by shahid hussain k abdul hafeez , Senior Sales Representative , Saudi Arabian Drug Stores Co.Ltd.

 I agree with you depends on tpye of products .

1. maximum discounts,

2. buy one get one free,

3. gandullas in moderntrade markets.

Chared Daclan
by Chared Daclan , cashier , NBK Mega Mart Doha Qatar

I will have these products be sold at lower prices, cheapest offers. 

Mohammed Salem Mahyoub Salem
by Mohammed Salem Mahyoub Salem , مهندس بحث و تطوير , إنجاز العالمية المحدودة

Thank you for invite me, my answer like Muhammad Owais Shehzad

Stanley Mathew Mbiydzenyuy
by Stanley Mathew Mbiydzenyuy , SEO and digital marketing Director , SEO Elites Ltd

Some good answers above shared by the community. No circumstance is permanent. I agree with them

Karym Bentebbal
by Karym Bentebbal , Open for an opportunity to bring onboard a wealth of experience and a positive attitude , Private Company

It all depend on the nature of the products but the common trend is to empty stocks by way of discount. At a strategic level and if the company is engaged in corporate social responsibility then it could be given to associations, charities or any relevant cause. The amount of capital earned will surpass the cost of disposing of the product, measurable on brand KPIs.

Ibrahim Adawi
by Ibrahim Adawi , Administrative Assistant , هيئة تطوير وتعمير المناطق الجبلية بجازان Mountain Development Authority in Jazan

Thank you for invite me to answer

I agree with Mr. Muhmad's answer

 

it depends upon products and their usage so we can't define every product in a same category.

Francis Jr Simbajon
by Francis Jr Simbajon , Associate Marketer , C-ONE TRADING CORPORATION

Agreed to Sir Muhammad Owais Shehzad.

This would depends if the product is let just say, consumers basic commodity. With this, we can utilize the product by disposing it on a lower price than the regular price before ending up with a maximum discounts or having a buy one get one for free. By this, the company can still benefit by not losing a big amount of capital.

hamada ali salama
by hamada ali salama , retail store manager , Alothaim company

Thanks for invitations.... Buy two piece and get to the third free...... Or..... Buy billed at 700 and get a discount of 200..... I bought a piece and get half price the second

i will try to make up end my efforts to gain exlant profits in this conpany

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