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Month: November 2018

Understanding GNFR’s Spend Impact Upon Revenue

Posted on by Daniel Lansky
Understanding GNFR’s Spend Impact Upon Revenue Revenue growth through building infrastructure GNFR spend is an area of supply chain management that often does not receive the attention it deserves. This is most likely due to the fact that its effects are difficult to connect directly to revenue. But this oversight is what can greatly affect a company’s bottom line by cutting drastically into profit margins. It’s a crucial area of spending that savvy organizations are starting to hone in ...
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Understanding Indirect Spend Impact Upon Profitability

Posted on by Daniel Lansky
Understanding Indirect Spend Impact upon Profitability The majority of businesses tend to place a much greater emphasis on growing their top line rather than on reducing their costs. In terms of buying, there is that much greater emphasis on how many widgets can be sold at a high margin compared to how locations may be updated to promote maximum sales at minimum costs. It’s extremely important for retailers to create desirable shopping experiences, but not only do these retailers gene...
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Understanding the Savings Generated by Enterprise-Purchased GNFR

Posted on by Daniel Lansky
Significant savings generated from enterprise-purchased goods
Understanding the Savings Generated by Enterprise-Purchased GNFR There are often significant savings when an enterprise purchases GNFR capital goods rather than a contractor for a couple of reasons. In this case, we are defining “enterprise” as any large business with multiple locations, such as a large retail or restaurant chain; regardless, this enterprise has massive purchasing power. What Is the Difference Between Enterprise-Purchased and Contractor-Purchased Goods? Enterprise-...
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Understanding the Additional Indirect Costs of Add-On Orders

Posted on by Daniel Lansky
Calculating additional costs of add-on orders
Understanding the Additional Indirect Costs of Add-On Orders Add-on orders may not seem like anything that would affect the acquisition process, but when you consider all the implications, you will see just how much of an impact they can have. In every stage of the Perfect Order process, there is the potential for a glitch. And just like a cog in a well-oiled machine, it can completely break down the system at any level. GNFR Perfect Order The ultimate goal of any company is to cre...
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