An IRI report: Shifting Focus to the Bottom LinePosted: January 15, 2018
Addressing Profitability at a Granular Level Can Improve Margins by 2 to 5 Percent
In a CPG market facing slowing top-line growth, manufacturers are aggressively addressing any inefficiencies that impair their ability to meet financial goals. But if handled improperly, these efforts to improve the bottom line can damage future growth opportunities.
According to this IRI report, those who successfully drive efficiencies can increase margins by 2 to 5 percent by making a comprehensive, dedicated effort in three key areas.