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These are the costs of operating your business and don’t factor into your business revenue. Accounting for your business’ operating expenses helps you track the money flow. Businesses that keep tabs on their OPEX are more flexible in the course of their business evolution.
. Editor's Note: Today's blog is from our friend Robert Everett who gives us some fantastic tips for managing logistics effectiveness. The constant augmentation of company’s processes is one of the vital skills of businesslogistics management. The time of a logistics cycle can always be shortened.
As an easy way to catch up on the series, you will find the below posts on effective and strategic logistics and transportation management: . 6 Strategic and Proactive Tips to Stay Ahead of Distressed Shipments. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency.
Of course, with higher than average sales comes higher than average operating costs. As Amazon conducted more business, it also had to increase its operating costs to keep pace with the influx of new orders. It should come as no surprise that net sales surged 40% from $63.4 billion in 2019 to $88.9 Spending Money to Make Money.
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