Grower margin erosion: causes and solutions
Added on 11 July 2023
For greenhouses growers with many SKUs with lots of different raw materials and different customer types, there are many sources of margin erosion, all of which can silently but significantly impact a grower’s profitability. And many times, the impact of margin erosion isn’t clearly seen at the end of the season when little can be done to recover, while the real root cause is hard to identify.
It is important that growers understand key sources of margin erosion and adjust their operational and data habits to provide visibility and metrics that can help identify problems before the situation becomes serious.
A recent blog post from Advanced Grower Solutions outlines five common areas of margin erosion for growers.
Lack Of Cohesive Plan And Strategy
Confusion about goals, objectives, or direction results in your team leads to relying on their own interpretation or own perspective of what is supposed to be done. So, what gets done may not be the desired thing that drives you toward the real goal or objective of the business.
Continue reading.
Photo created by wirestock - www.freepik.com
More news
