The Five Operational Keys to Maximizing Business Profitability
More than ever before, C-level Executives want their bottom line to be as profitable as possible. Ensuring both near-term and long-term profitability of a business will ensure the long term sustainability of the business. To maximize profits, executives must be diligent in cutting frivolous costs and boosting productivity among employees. This is an ongoing process that often faces many challenges. Everyone knows that increasing sales and margins increase profitability, but there are several key operational strategies that can be utilized to increase profitability by as much as 50%. Integrating these operational strategies with S&OP yields even greater benefits.
From Issue:
Improving Accuracy through Forecast Value Added Analysis
(Spring 2017)
IBF Journal Article by Stephen P. Crane, originally published in Spring 2017
The Five Operational Keys to Maximizing Business Profitability