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Holste's "Sorting it Out" Blog

The Chances for Project Approval Just got Better


When Seeking Project Approval - Be prepared With Facts & Figures

 
Holste

As we kickoff 2018 there is a good deal of optimism that the economy will continue to improve. This optimism will no doubt encourage business managers to reconsider improvement projects, large and small, that are on-hold pending funding approval. This is of critical importance given that many shippers have been delaying investments in projects that require capital funding. Of course, another important consideration has to do with understanding the impact of the just passed Tax Cuts Jobs Act of 2018. As a result, CEO’s/CFO’s are now thinking about how best to invest the company’s cash reserves to maintain a secure, prosperous and growing business in an expanding marketplace.

This means that capital projects must be presented so that top management can clearly understand the risk/reward benefits.

To put your project in the best light - highlight benefits upper management can buy into. Being prepared and knowing how to quantify and effectively communicate the expected results for your project will increase your chances of obtaining approval...

 
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Cliff Holste is SCDigest's Material Handling Editor,
and author of our Sorting it Out Column/Blog
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Sorting It Out: The Chances for Project Approval Just got Better
When Seeking Project Approval - Be prepared With Facts & Figures
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Why the Time is Right for Labor Management Systems in Distribution




 

 
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New Materials Handling Tech Notes
 

The first analytic reports for the materials handling and distribution industry.

This report: Advances in Conveyor Technology increasing System Flexibility

 
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Labor Management System
(LMS) Overview

Present by SCDigest Editor Dan Gilmore

View our Complete Labor Management System Resources Page

 
 
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