Its not luck-1 - What happen to each of the companies...

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- What happen to each of the companies? I-Cosmetics Problems- They were having trouble distributing products to the retail stores Products were becoming outdated before they reached their customers. Retail stores were having trouble trying to pay back I-cosmetics so their days till receiving cash were high. They need to create some sufficient product lines to raise sales. Solution Changed to selling items on consignment and in order for them to sell on consignment the stores were required to have a certain amount of space dedicated in their store to only the products made by I-Cosmetics. By doing this, it would cut their A/R by 34+ million dollars Pressure steam Problems- They were having trouble making money off of selling parts for their steam producers and have to sell steam producers basically at cost. They have excess capacity of replacement parts and have the pressure of replacing parts at 100% efficiency because customers can not produce steam and operations will halt if the parts aren’t delivered
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Its not luck-1 - What happen to each of the companies...

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