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Expanding Your Gross Margin in Distribution
In today's tight economy, retailers and manufacturers have to pay closer attention to their bottom line and all financial factors the directly impact company profit, such as sales, marketing, procurement, and cost of goods sold. Businesses often measure their financial condition by using gross margin, unfortunately, many use this measure without fully understanding it.
This helpful resource explores the financial factors that affect distributors and illustrates the concept of gross margin. Read on for all you need to know about expanding gross margin in your organization.
Other topics include:
- Key ratios for improving gross margin
- Importance of lowering the cost of goods sold
- Advice from veteran distributors
- And more!