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Wholesaler & Manufacturer Challenges: Strategic Cost Containment (Part 2)

 
  Arthur F. Rothberg, Managing Director, CFO Edge, LLC  
   
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  Article Summary  
Cost containment is critical for wholesalers and manufacturers, given the tight margins that most of them work within - not to mention the fact that they often must share profits with retailers. Often, however, they don’t have access to accurate and timely reporting, which hinders their ability to fully assess and, thus, control their costs.

This article looks at three areas of particular concern for wholesalers and manufacturers when it comes to strategic cost containment: shipping, chargebacks and commissions. Along with a review of the causes of cost challenges, the article looks at some ways an outsourced CFO services provider can help resolve issues and reduce costs.

In the current uncertain economic and business environment, Los Angeles and Southern California wholesalers and manufacturers can’t afford not to focus on strategic cost containment. A provider of CFO services can offer invaluable assistance in this area by helping ensure access to timely and accurate reporting information, as well as digging into the three areas covered here - shipping, chargebacks and commissions - to help optimize processes and contain these costs.

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