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Reducing Indirect Costs Can Have Direct Benefits in Retail

Join Isko and Rivet magazine on June 3 at 11 am ET for REFASHIONED, a roundtable discussion on the denim industry’s new normal, from concept to consumer.

New data shows reducing inefficiency in indirect spending could have transformative effects on a business and help companies cut costs. According to consultants at McKinsey & Company, the goods and services that retailers purchase but don’t resell, can account for as much as 10 percent to 15 percent of overall sales, on average. And most…

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