Frank Wilhelm
Articles by Frank Wilhelm
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The enemy within: How indirect spend management impacts profit margins
Friday, May 01, 2015As the global economy continues to sputter, careers stall and many companies continue to tread water, we obviously cannot just watch helplessly as economic conditions continue to compress and batter our profit margins with continually depressed revenue streams. But what can management do? As opportunities to bolster our top lines diminish, we need to focus intently and intelligently on the issues that impact the bottom line that can help us to mitigate the cash flow challenges, help expand profit margins and take advantage of emerging opportunities as others fail.
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Total cost of ownership: The challenge of effective supply chain management
Friday, April 17, 2015​Companies are always looking for creative ways to reduce costs and expand profit margins. In some cases, new and innovative approaches are employed. In others, proven but overlooked techniques are being resurrected and applied.