“We know we could save money and be more efficient but we choose not to because we’re in fashion…” This view from the Finance Director of a leading UK fashion retailer may seem surprising but is not unique. Fashion businesses major on style, aesthetics and design to keep ahead and build brand strength and loyalty.
Posts Categorized: Insight Document
The Priory Group is proud of its excellent reputation for quality of service. Their success is rooted in their determination to improve the lives of all their service users by employing an innovative approach when developing care and treatment services.
The Priory Group know that providing the right environment and facilities is as important to a successful care pathway as excellent staff and clinical support. It is essential that any refurbishment is done with minimal disruption and inconvenience.
Despite considerable investment in sourcing systems, many large companies still do not have complete visibility of what they buy, who buys it and who supplies it. How can a purchasing department function effectively without this knowledge?
Is sourcing goods direct from the manufacturer the cost reduction dream it first appears? In this Comment article David Armes explains the potential benefits but also the pitfalls that retailers should watch out for.
In this research-led White Paper, David Armes examines how companies may fail when implementing a long-term savings plan, and suggests ways that managers can keep driving change forward.