100,000 in sales divided by 350,000 in average inventory 0.29. Add to that the extensive catalogue opportunityandthis looks like a winner already. Luxe & Company sold 100,000 in goods this year and had an average inventory of 350,000. Puru Modani, who serves on the advisory board at MDS, says, “This is disruptive e-commerce play as it addresses the excess inventory concerns with Just In Time order management. Recommended Read: With 2 crore turnover, 3-yr-old startup eSparsha gears to tap the $10 bn market You can get your average number of employees (Avg) by adding your beginning and ending workforce and dividing by two (Avg B+E. “We've many artists from NIFT, NID and social organisations like CRY selling their merchandise on our platform,” says Venkat. Manage holiday requests in one place Store documents safely in the cloud Plan appraisals and recognise achievements Track and monitor sickness & absence Log. To calculate the monthly employee turnover rate, all you need is three numbers: the numbers of active employees at the beginning (B) and end of the month (E) and the number of employees who left (L) during that month. Campaigners on its platform have managed to generate profits ranging from INR 3,000 to INR 35,000, per campaign. The brainchild of Venkat and Bala Satish, My Dream Store has executed over 500 campaigns. As of now, the company has shipped 7,000 products.Nearly 1,700 products were shipped in December last year to revenues of approximately INR 7 lakhs.

In the last six months, we had around 6lakh page views with nearly 2.5 lakh sessions on our site,” adds Venkat. “We started spreading awareness of our platform from June‘14. The marketplace caters to designer/artist, school/college groups, online communities, NGOsand music bands.

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