Profit

Your business needs to make a sustainable profit – the ability to grow revenue and profit. This is increasingly difficult as competition increases and customers become more demanding in their expectations. Key to this is revenue productivity and profit improvement.

Revenue productivity is actively and creatively searching for ideas for revenue growth without using a disproportionate amount of resources. Profit improvement looks at using continuous improvement and innovation to reduce waste without sacrificing quality and whilst still meeting the customers’ needs.
GPS works with you to identify profit growth opportunities by both increasing revenue opportunities and reducing waste through cost improvement and innovation. This includes identifying and focusing on key areas of waste (cost), and implementing project teams to address these opportunities.

This includes:

• Identifying profitable and non-profitable products, customers and market segments;
• Understanding and using the core assets of the business more effectively;
• Developing a culture of innovation and continuous improvement in the business;
• Reviewing and improving processes, and removing URGs (Unwritten Ground Rules);
• Identifying, prioritising and removing key sources of waste within the business;
• Identifying work that adds and removes value in key processes.