The I 130 Priority Date is a document that the SMEs and suppliers must understand and comply with in UK. It is the date which is set by the government and it specifically deals with the need to assign priority in the business process. Prioritizing is a method used in most businesses and this is one of the effective ways to maximize the sales and boost the productivity. In UK, it is known as Productivity Commissioning. This method is being applied in a variety of sectors like:
o Purchasing Agents: As mentioned, the Productivity Commissioning date is a legal requirement. This date is set to evaluate and categorize all purchases made by the customers. The evaluation report is provided by the retailers for each and every product type and class. For instance, in the case of an electronic product, it provides the information about the sales made by the customers and the average order value per month.
o Customers: The Productivity Commissioning date is mainly focused on customers. As mentioned, the retailers are evaluated on how well they serve the customers and how efficiently they provide the services. The evaluation also looks into the after sale service and takes care of the complaints and suggestions made by the customers. The date is also used to track the orders which are delivered by the suppliers and are fulfilled. This is done so that the retailers can understand how well they are doing in terms of customer service.
o The Business Processes: The Productivity Commissioning date analyzes the Business Process Management. It evaluates how well the business processes in a company are working. It checks the efficiency and the quality of the processes. This is one of the important outputs from the evaluation report which is provided by the CRM and the Business Process Management. When the Productivity Commissioning date is assigned, the CRM will be utilized in order to make sure that the strategies and the plans will work according to the expectations.
o Customer's Needs: One of the major reasons why the Productivity Commissioning date is assigned to the business is to study the customer's needs. It deals with the identification of the customers and the satisfaction level after each business process. Once this date has been assigned, the business will know what the customer needs. It means that the company will know what to improve in the processes. The Productivity Commissioning date will then be able to determine if there are still chances of making improvements before the next set date.
o The Competition: The competition is a problem that companies face. They have to face other competitors who have the same product or services. This creates a lot of challenges in meeting the goals and the objectives of a company. It also creates obstacles in creating new products and developing new ways to market the existing products and services. This is where the Productivity Commissioning date comes into the picture.
o The Different Industries Involved: There are several other industries that participate on the Productivity Commissioning date. This is important because of the different industries that are part of it. There are businesses that have different needs when it comes to meeting the goals and the objectives of the companies. This is the reason why the enterprises involved are given a time frame to identify what they need to improve in their processes. The enterprises involved also create a list of suggestions for improving their systems.
o The Business Processes: There are some businesses that have different process in their operations. This is one of the many reasons why the Productivity Commissioning date is important. It deals with the identification of the processes that involve human activities and those that involve machines. This gives a clear picture of how a business operates. Once this has been determined, then the enterprises can come up with a list of improvements for their systems.
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