The 2020 Mid-Year Economic Update_long

Case Studies: Saving Soft Dollars in MROP

Case Studies: Saving Hard Dollars in MROP
Competitive Advantage in MROP

Purchase order costs include the entire procurement cycle: requisitioning, sourcing, placing the order, expediting, receiving, transporting, stocking, paying and so on. There are numerous soft-dollar savings that distributors can help their customers achieve, including bar coding, storeroom management, vending machines and electronic customized catalogs.

Potential cash flow and other improvements may very well exceed hard dollar savings potential. Here is one example outlined in The 20% Solution:
Consolidated Invoicing -The vast bulk of work performed in most ...

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