Your right you can cut your way to profits. It will look good to the stock holders but it isnt something that will sustain itself. The problem is when you go that direction you have employees that wonder whos next. Moral is at a all time low, production is down. You keep cutting and the customer gets inconsistent service and people that dont care anymore. A happy workforce will do what ever it takes to win. The commercial accounts are running a business. if you dont perform they move on to the next supplier. You can cut expenses all you want but until you talk about the true problem nothing will change. Hire the right people to deal with our customers, give them great service at a competitive price and you will win. And finally the most import part. Advance is not the 500 lbs gorilla anymore. Actively go after new customers. Every year customers go away for many reasons some are our fault some are not. We cannot beat our competition if we are not going after new business. Take care of what you have now and always keep your eyes open for the next great customer. It really is that simple
Saw this at @NVxHUJW-1xya, couldn't agree more. Will they ever learn?