Profit margins are under pressure from a combination of geo-political change, unprecedented economic volatility and structural changes such as the impact of the internet on trading methods. In response to the more testing conditions, businesses have ‘tightened their belts’ and sought to reduce costs. But with an inability to control prices and costs already cut to the bone there are seemingly few places to turn to for improved profitability. In this FSN White Paper, sponsored by Oracle, Gary Simon, FSN’s managing editor, explores what practical strategic and operational steps businesses can take to improve their margins.