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Cost Reduction Strategies in Supply Chain: Guide

Logistics Bureau

If net profit on sales is 5%, for example, a reduction in supply chain costs from 9% to 4% (or from 12% to 7%) will double net profits. This is the big attraction and importance of cost reduction in a supply chain: profits can be increased without having to increase sales. The field for potential reductions is wide open.

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Going Green: 7 Tips for an Eco-Friendlier, Waste-Free Apartment

Compactor Management Company

Zero waste is the goal for those hoping to leave a smaller carbon footprint. How can 68% of the earth’s population that lives in urban areas reduce their waste? Here are seven tips for an eco-friendlier, waste-free apartment. ” Separate Your Waste. The First Step. Everyone needs one.”

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Tips for Eco-Friendly and Zero Waste Christmas

Compactor Management Company

The numbers regarding the amount of waste generated every holiday season are shocking. This extra waste equals to 25 million tons of garbage or about 1 million extra ton of trash per week. If every family wrapped only three presents with re-used material, it would save enough paper to cover 45,000 football fields.

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Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. 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. Customer behaviour.

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What Is Deadstock and How Do I Get Rid of It?

GoShip Blog

Well-organized inventory management is a must-have for a successful retail strategy. Another crucial tip is to review your inventory management strategy to make sure you are prepared. . The more deadstock you have, the more money that is wasted. What does deadstock mean ? What causes deadstock? .

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How to Make This Holiday Season Waste-Free

Compactor Management Company

The numbers regarding the amount of waste generated every holiday season are shocking. This extra waste equals to 25 million tons of garbage or about 1 million extra ton of trash per week. If every family wrapped only three presents with re-used material, it would save enough paper to cover 45,000 football fields.

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Ultimate Guide To Planning a Social Media Content and Engagement Strategy For Your Field Service Business

WorkWave

Pre-Planning Your Social Strategy. Completing the following questions, outlined by Marketing Consultant Mark Schaefer, will be helpful when building out your social media strategy: 1)What makes you truly unique? Executing The Strategy. After your goal is clear, you can begin to outline your strategy and tactics.