Dan Gilmore Quotes (4 Quotes)

In evaluating potential vendors, accurately estimating total cost of ownership is critical. Yet, this is often an area where companies don't put the right amount of effort. This tool can help those looking at Warehouse Management Systems get their arms around this key issue.

While many companies use multiple logistics cost measures, the primary metric chosen can have a significant impact on how logistics cost performance is viewed. For example, those companies using logistics costs as a percent of sales as their primary measure and who operate in industries such as chemicals and other commodities saw that cost ratio fall in 2005 due to strong upward pricing power that impacted the top line, even though logistics costs also rose. Other industries had rising logistics costs with flat or declining prices for their products, driving up logistics costs as a percent of sales.

That's 6 million in interest cost savings for the university for a 30-year loan. It's a tremendous savings for us to be able to take advantage of this, which ultimately lowers our cost of operation.

Hopefully we'll pave the way and make it a little easier process for the rest of the schools.