how i brought my company to new levels of revenue: a coo's story on margin improvement with...
DESCRIPTION
Getting your company to the next level and making sure that revenue is growing can be difficult. Add to that your many responsibilities such as increasing return on assets, managing daily operations, formulating policies, and more, and work can indeed be stressful. Barry, Chief Operating Officer at Arumi Materials, started to feel that stress. Competition started to grow, there was 7% increase of freight costs, and Arumi's profit margin has dropped 3%. This was not a good sign for the company or for Barry. Learn more about Barry's journey at Arumi. You will learn a few impactful tips and tricks that might help you become the next PROFIT HERO at your company.TRANSCRIPT
Barry is the Chief Operating Officer at Arumi Materials.
Barry
Meet Barry.
40% Direct
60% Distribution
Annual Revenue$500M
Sheet
2 Main Divisions
MillSheetMill
Tin Mill
Arumi sells high-quality steel
products in 2 ways:
Barry has a huge headache.
Arumi’s profit margin has dropped 3%.
2.8% Increase
Growing Competition
10% Fluctuating
Freight Costs
Sales Discounts Steel Prices
7% Increase
Barry needs to grow margins
by at least 2%.If that doesn't happen, he'll lose his job.
Unemployment Profitability
UnemploymentOffice
Barry needs HELP!
Achieve Target Margin!
Uncover Profit Opportunities
Understand Acme's Data
No Team of Data Scientists
Limited Budget
but...
Barry considered Excel & BI Tools. But none of them
could analyze Arumi’s transaction
data, show where the company was losing money, or
determine how to act next.
Here’s what Barry
Visibility to a list of hidden
profitopportunities
1
Actionable results without the need for data analytics
skills
A long-term solution with low
upfront investment
2
3
really needs:
Barry found
EVALUATEProfit
Opportunities
ACTTo Boost Margins
IDENTIFYMargin Leakage
GAINProfitability
Vendavo Profit Advisor.
Barry won the battle against margin leakage. Profit grew.
RevenueGrowth
Profit opportunities
$7.8M
What will an extra 20-30%profit
marginmean to
you?
Schedule a Live Demo [email protected]
Visit vendavo.com/profitadvisor