Company Performance Metrics
Narinderpal S Sood: President, Administrative, Business Development
Energy Asset Development markets and sells LED Lighting products. It acts as a distributor, but without carrying inventory.
The evolving technology, especially in chip arrays would render substantial inventory obsolete in a short time, hence creating dead inventory. For these reasons, the Company decided to develop relations with several LED
product manufacturers, concentrate marketing to projects, and meet demand by ordering from manufacturers based on project needs.
Project requirements are shipped directly to the project site by the manufacturing base. This strategy allows the company to stay competitive on pricing, as well as possess the ability to deploy the technology for the market. While the Company is focused on local markets at present, this business model allows the company to expand to a national scale seamlessly.
