1. Cost of Goods Sold (COGS)
COGS typically offers the largest savings opportunity and is shaped by the product itself, the supplier landscape, volume, market factors, and freight and duties.
Symbol Group can quickly identify which opportunities are significant and achievable, help realize cost savings, and establish a reliable, consistent supplier base. Symbol Group also implements best practices for COGS management.
What leadership gains
- A clear view of the right cost structure
- A realistic, sized target for margin improvement
- Lower costs with quality and stable supply
- Savings that hold over time
Prior results delivered by Symbol Group's principal include 200 to 400 bps of gross margin improvement across enterprise clients in the consumer brands, manufacturing, and distribution segments.