Purpose of this Blog!
This blog invites everyone to engage in a discussion about maximising company profitability by commenting on the individual articeles.
Please feel free to raise and discuss other methodologies of profit maximisation in relation to customer and product profitability as this will allow everyone to learn.
I created this blog to explain how a Focus 8020 analysis drives profitability, to explain how an activity based costing model can be used to identify the 20% of Customers and Products that really drive the business and how to channel a companies efforts to leverage these 20% to maximise overall company profit.