Finding routes to profit in a competitive market
You may wonder why some markets have experienced these major decreases in prices on laundering, when the costs in the surrounding society have increased. You may especially wonder why some of the laundries experiencing this significant market pressure nevertheless is able to produce results in the neighborhood of 10-15% EBIT. The answer to that question is rather interesting, since it may make up the difference between red and black bottom lines, and seems to be closely related to the people who, on a daily basis, is orchestrating efforts in the laundries amounting to millions of € annually.
Read the full story here: Laundry & Cleaning News, Article, 2016-03