Exercises Price Reduction Tools 
The Lean Thinker
JULY 2, 2024
To that end they explained why maintaining a high stock price was important to the company: So they can raise money more easily for growth. This was all about stock price. Maybe they wanted to show the thinking behind how requests for things like upgraded tooling were evaluated. Elimination of waste: Focus on adding value.
Logistics Bureau
MAY 24, 2019
If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.
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Logistics Viewpoints
MAY 22, 2023
Moreover, this exercise might need to be repeated several times depending on how the war proceeds. Do we have a demand forecasting tool in place and, if so, how good is that forecast? At the same time, another company might have twenty suppliers with similar pricing strategies, who supply the same raw material.
Logistics Bureau
SEPTEMBER 4, 2023
If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. Process Performance What if the problem isn’t connected to products, customers, or pricing but lies instead with process performance? Are Your Profit Margins Declining?
Logistics Bureau
MAY 31, 2021
Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. Again, these are changes that can add to your cost-to-serve, and, during your transition, you might not have had time to look for ways to reduce expenditure. Rework – due to errors.
Logistics Bureau
APRIL 3, 2023
If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?
SYSPRO Smarter ERP
AUGUST 22, 2022
With the volatile markets, offshore price cutting and increasing customer demands for quality, speed and customization, metal fabricators have had to become more innovative and adopt technology solutions to maintain competitive advantage. Solution: Custom capabilities.
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