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Creating a Profit-Centric Business Culture

April 7, 2016

Creating a Corporate-Wide Culture of Profit is Critical to Product Cost Management Success

When implementing profit-increasing initiatives that are based on reducing product costs (in large part cost of goods sold), many companies begin by trying to maximize their potential to improve profit. This is accomplished by improving the overall quality of their cost numbers, usually through product cost management (PCM) capabilities.

But even if an organization has the potential to generate a quality cost number, the overall culture of the organization will ultimately determine if the potential can be achieved.

This whitepaper discusses the foundations for creating a corporate-wide culture of profit to ensure your PCM and profit-increasing initiative success.

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