Apparel and Fashion News: Expanding Benchmarking Horizons for Growth
11/29/2011
Financial benchmarking studies—that is, the examination of direct and indirect competitors’ bottom-line costs, from labor to operations—can be a viable way for apparel and fashion companies to discover new means to improve profitability, preserve cash, create growth opportunities, and, subsequently, generate capital. By examining such intangible assets as technological investments, quality of personnel, and work flow, many have even uncovered new techniques to promote better operations and financial performance.
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to read “Expanding Benchmarking Horizons for Growth” and learn more about the benefits of financial benchmarking, and what new areas apparel and fashion companies are looking at today when benchmarking against others.
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