Velocity Profit Enhancement is an involved process designed to uncover increased profitability through higher revenue and lower costs. This involves significant data gathering, industry investigation, and benchmark reviews to determine what opportunities exist in the business to enhance profitability.
We analyze profitability at the customer level, and expenses and vendors at the line item cost level. Once opportunities are uncovered, we assist in a myriad of strategies including:
- Sales/Pricing Strategies
- Price Change Implementation
- Expense Line Item Benchmarking
- Peer Comparisons
- Vendor Selection Criteria & Negotiations
- Process & Procedural Improvements
- Efficiency Implementation
- Profitability Enhancements
- Value Creation