Business Workshop: Savings & Inventory Control

Building on the June 5th workshop on pricing, our student team started off by asking the women of Ajkem’a Loy’a what items could be eliminated from the pricing worksheet in order to reduce the price point of one of their products. This conversation led the group to prioritize what they need now for their association, what could come in the future, and of particular interest to the women – how can individual members loan resources they may have to the association during their start-up phase (items that are required for weaving, for example.) The second part of the workshop was about inventory control. The association has a way to keep track of their inventory which they shared with us – they have a notebook in which they write what products they have and what they sell. Our students suggested that they instead use two notebooks – one to keep track of products and another to keep track of sales. We ended the morning with a visit to their store during which we all identified opportunities to improve their shop. Our goal – a relaunch of the Ajkem’a Loy’a arts and crafts store on Thursday, June 26th!

Share

Share on facebook
Share on twitter
Share on email
Share on print

One thought on “Business Workshop: Savings & Inventory Control

  1. Hey Cynthia, what are you making down there? I’m in the market for a couple of items- 2 birthdays this summer.
    Stay dry, S

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

First stop: Antigua

Antigua was the perfect place to spend our first night in Guatemala. Despite the never ending rain from two tropical storms, we couldn’t wait to wander around town and discover

Read More »

Marketing workshop: branding

Our three teams of students: Marketing, Business & Product Development have designed a series of workshops for the women of Ajkem’a Loy’a. Our brave Marketing Team members – Aashrita, Aparna,

Read More »

sewing the bags

The women of Ajkem’a Loy’a finishing the bags they designed. Mayda takes charge concerning the patterns and the sewing Rebecca sewing Romelia’s bag Hilda and Gloria finishing their bags, the

Read More »
Categories

Related Posts

sewing the bags

The women of Ajkem’a Loy’a finishing the bags they designed. Mayda takes charge concerning the patterns and the sewing Rebecca sewing Romelia’s bag Hilda and Gloria finishing their bags, the

Read More »