What is the average number of enquiries received per annum, worldwide? | |
What % of these enquiries is actually quoted for? | |
Of the enquiries quoted for, what % are handled by Sales Team | |
Therefore, it is assumed that the rest of the enquiries are handled by Application Engineering (AE) Team | |
What % of quotes handled by Sales Team need to be reworked due to internal errors | |
What % of quotes handled by AE Team need to be reworked due to internal errors | |
What is the additional time (in %) required to change these quotes? | |
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What is the average value of each quote? | |
What is your overall sales success rate in %? (i.e., what % of quotes convert into orders) | |
What is the size of the sales team worldwide? | |
What is the average salary of a sales person per annum? | |
What is the number of working hours per annum for a sales person? | |
What % of this time is spent on proposal generation? | |
How many new sales people are inducted each year? | |
How many months does it take for a new sales person to become fully productive? | |
What is the size of the AE team worldwide? | |
What is the average salary of an AE per annum? | |
What is the number of working hours per annum for an AE? | |
How many new AE's are inducted each year? | |
How many months does it take for a new AE to become fully productive? | |
Number of enquiries actually quoted for | |
Number of enquiries handled by Sales Team | |
Number of enquiries handled by AE Team | |
Revenues from sales of new products | |
Total productive hours of entire Sales Team | |
Average time spent per quote by the Sales in hours | |
Per hour cost of Sales Team | |
Time lost due to rework by Sales Team in hours | |
Cost of rework by Sales Team | |
Time lost due to non-productivity of new Sales staff in hours | |
Financial loss due to non-productivity of new Sales staff | |
Assuming that all work hours are spent on configurations, the average timespent by an AE on configurations | |
Total productive hours of entire AE team | |
Average time spent per quote by AE team in hours | |
Per hour cost of AE team | |
Time lost due to rework by AE team in hours | |
Cost of rework by AE team | |
Time lost due to non-productivity of new AE staff in hours | |
Financial loss due to non-productivity of new AE staff | |
From past experience, we estimate that the various productivity improvements / benefits possible could be quantified as under
Improvement #1: 80-90% reduction in rework by Sales Team
Time savings (hours) | |
Financial savings | |
Additional quotes generated |
Improvement #2: 80-90% reduction in rework by AE Team
Time savings (hours) | |
Financial savings | |
Additional quotes generated | |
Improvement #3: Time taken by Sales Team to produce quotes brought down by 30-40%
Time savings (hours) | |
Financial savings | |
Additional quotes generated |
Improvement #4: 30-40% reduction in time taken to produce quotes by AE Team
Time savings (hours) | |
Financial savings | |
Additional quotes generated | |
Improvement #5: New sales staff becomes productive faster by 25-40%
Time savings (hours) | |
Financial savings | |
Additional quotes generated |
Improvement #6: New AE staff becomes productive faster by 25-40%
Time savings (hours) | |
Financial savings | |
Additional quotes generated | |
Enhanced revenues | Improved enquiry handling | ||
Previous revenues | Current quotes generated | ||
Additional revenues | Additional quotes generated | ||
Total revenues | Total quotes generated |
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Financial savings | Time savings (work days) |
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