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Number 2: Economic value added (EVA) business models are a great way for small businesses to maximize financial performance because it can simultaneously weigh the variable cost component and the cash or capital component. This KPI is working its way into business analytics to optimize inventory levels in the cloud at http://www.rightoninventory.com. With procurement representing as much as 55 percent of a company's total costs, an effective supply chain depends on efficient suppliers. But streamlining procurement is just the beginning.Using the right metric is vital.
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Jan 11, 2011