{"id":105948,"date":"2021-02-03T14:09:59","date_gmt":"2021-02-03T08:39:59","guid":{"rendered":"https:\/\/www.vskills.in\/certification\/tutorial\/?page_id=105948"},"modified":"2024-04-12T14:28:51","modified_gmt":"2024-04-12T08:58:51","slug":"a-promising-area-for-cost-reduction","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/a-promising-area-for-cost-reduction\/","title":{"rendered":"A Promising Area for Cost Reduction"},"content":{"rendered":"\n<p>Physical distribution is a fertile area for cost savings. Over the years, in most businesses, physical distribution costs have grown into a sizeable chunk of the total costs and now ranks second among all cost elements, next only to material costs. And surprisingly, it has remained one of the neglected areas of cost control.<\/p>\n\n\n\n<p><strong>The Dark Continent:<\/strong> Peter Drucker has rightly compared physical distribution to the \u2018dark continent of Mrica of Napoleon\u2019s days\u2019. He said, \u2018we know about physical distribution today just as much as what Napoleon\u2019s contemporaries knew about the interior of Africa. We know it is there and we know it is big and that\u2019s all.\u2019 The message is obvious. Physical distribution is the most promising area for cost control<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Physical distribution is a fertile area for cost savings. Over the years, in most businesses, physical distribution costs have grown into a sizeable chunk of the total costs and now ranks second among all cost elements, next only to material costs. And surprisingly, it has remained one of the neglected areas of cost control. The&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-105948","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Promising Area for Cost Reduction - Tutorial<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vskills.in\/certification\/tutorial\/a-promising-area-for-cost-reduction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Promising Area for Cost Reduction - Tutorial\" \/>\n<meta property=\"og:description\" content=\"Physical distribution is a fertile area for cost savings. Over the years, in most businesses, physical distribution costs have grown into a sizeable chunk of the total costs and now ranks second among all cost elements, next only to material costs. And surprisingly, it has remained one of the neglected areas of cost control. 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