For many businesses, when revenues are increasing substantially over time, a multitude of sins can be covered. When revenues stabilize or are reduced, the pain of operating costs that are too high can be acutely felt.
In todays climate, when we already know that CEOs are acutely aware of the need to increase operational efficiency, as well as the fact that supply chain risk is perceived as rising but that companies are not meeting strategic supply chain goals, it's clear that corporate pain is reaching a significant high.
In times like these there is no greater opportunity than the present to do something about operational inefficiencies and meeting supply chain objectives. We're thankful that our business reflects the high interest that companies have in making these kinds of improvements.
Still, we are continually shocked at the level of inefficiency that exists in many supply chain environments. For us, because we have worked so long in the execution environment, the symptoms are easily recognized, diagnosed, and cured.
We often wonder if CEOs or shareholders really realize just how much of their coveted revenue can drop to the bottom line.
