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A Clear-cut Approach to Collections Is Essential for Profitability
In 2002, US suppliers wrote off more than $18 billion (USD) in bad checks. And the bankruptcy picture has certainly not improved since then. Companies that act
Total Profit , Total Profitability . Introduction Bankruptcy is big business in the United States. For 2002, the last year for which statistics are available, approximately 11,000 companies fi led for Chapter 11 bankruptcy. That same year, suppliers had to write off more than $18 billion in bad checks. And, there are few indications that the bankruptcy picture has not improved to any great degree. While many bankruptcies and much red ink can be blamed on a stagnant economy, numerous can also be
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Protect Product Safety: How Manufacturers Can Boost Efficiency and Profitability with a Holistic, Proactive Product Compliance Strategy
Process manufacturers can no longer rely on purely reactive strategies to product safety. Now, reactive strategies such as lot tracking need to be incorporated
Can Boost Efficiency and Profitability with a Holistic, Proactive Product Compliance Strategy Process manufacturers can no longer rely on purely reactive strategies to product safety. Now, reactive strategies such as lot tracking need to be incorporated into holistic strategies that include proactive measures to assess risk and prevent costly quality assurance (QA) events like product recalls. Learn how you can develop a product safety master plan that reduces risk, protects products, and improves
Assessing the Drivers of Sales Performance
Outmoded measures are being used to develop marketing strategies and allocate resources. Existing go to market models often fail to consider the customer's
intention of maintaining bottom-line profitability. This approach of managing by trend or history assumes that history is a good approximation of the future. However, these practices are the result of having little insight as to what actions actually drive results, forcing organizations to use history as the benchmark, even though history offers very little opportunity to truly manage resources. To break this pattern, companies should start with a limited number of macro performance drivers and make an
Operational Excellence: The New Lever for Profitability and Competitive Advantage
Better. Faster. Cheaper. Every company is grappling with these concepts today as economic uncertainty spreads. Though many are focusing on what to eliminate in
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The Profitability Perspective: How Automated Reporting Drives Better Decisions
Driving sustainable growth requires profitability-focused planning and performance management. Most companies have some type of profitability reporting@but many
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Leveraging Technology to Maintain a Competitive Edge during Tough Economic Times -- A Panel Discussion Analyzed Part Five: Profitability and Changing Existing IT Systems
Every technology deployment should be about improving business. Old software hardly ever dies; however, old technology may become too costly to operate, which
Discussion Analyzed Part Five: Profitability and Changing Existing IT Systems Introduction At the IFS Executive Forum , which took place on March 29 and 30 in Orlando, Florida (US), leading research analysts and industry experts discussed how companies can still leverage technology to maintain their competitive edge, even during tough economic times. The event was held in conjunction with IFS World Conference 2004 , and it included six panel discussions, with each panel including top executives,
35 Questions Every CFO Needs to Ask About ERP Software in the Cloud
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Four Distribution Strategies for Extending ERP to Boost Business Performance
Global sourcing, an erratic economy, and extended supply operations are just a few threats to the profitability and growth of your distribution environment. But
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Sustained Growth and Profitability through Lean Product Lifecycle Management (PLM)
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Fundamental Principles of Network Security
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Service Delivery Innovation: Creating Client Value and Enhancing Profitability
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