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This is Chris Redgrave for Zions Bank Speaking on Business.
When I asked Steven Fitt how he and his partners came up with the name Sequoia Group for his niche IT firm, the next thing I knew we were talking about the giant trees in Sequoia National Forest and his experience of seeing the largest living tree that holds the world record for the most massive living thing.
It was important for this tech solution company with wholesale distribution of durable goods to be associated with strength and longevity. So, Sequoia Group started in 1994 and now has 17 employees, growing strategically and with care. Their solid, educated team knows the product industry and is prepared to give consulting services and domain expertise.
In meeting with Steven, he explained his best practice to bring in talent and place them in a 90-day apprentice program that covers application programming, web, hardware and various operation systems. The new employees and management can figure out where their strengths are and how they fit with the Sequoia Group over this period of time.
When the Sequoia Group meets with one of the hundreds of companies they currently serve, they are very focused and serious about their objective of helping their clients grow both top and bottom line, so business efficiency is the key driver.
Their software systems can tell if their client has too much invested in inventory based on the analysis of business performance, and they provide the tools that will decrease needless investment and assist in increasing customer service. The Sequoia Group has identified as much as 40 percent more in inventory than their client needed. The tools they design are to provide a decrease in overinvesting and increase the customer service levels. The depth of what the Sequoia Group can do is impressive because of the design to manage the enterprise with general ledger, financials and warehouse systems.
Referrals from their satisfied customers are what helps this Sandy business grow. It's no wonder with companies like Sequoia Group that Utah was ranked No. 1 for economic prospects for the fifth year in a row.
For Zions Bank, I'm Chris Redgrave, speaking on business.
Sequoia Group 200 Civic Center Dr., Ste. 204 Sandy, UT 84070 801-571-2300 www.sequoiagroup.com
