Cost Reduction and Control Best Practices

Cost Reduction and Control Best Practices PDF

Author: Institute of Management and Administration (IOMA)

Publisher: John Wiley & Sons

Published: 2012-07-03

Total Pages: 461

ISBN-13: 1118429028

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Cost Reduction and Control Best Practices provides financial manages with no-nonsense, balanced, and practical strategies that are being targeted and used nationwide for controlling costs by thousands of companies in areas such as human resources, compensation, benefits, purchasing, outsourcing, use of consultants, taxes, and exports. These best practices are based on the trenches experience, research, proprietary databases, and consultants from the Institute of Management and Administration (IOMA) and other leading experts in their fields. * Provides best practices and techniques for controlling costs within a company * New chapters focus on outsourcing costs, downsizing, consultants' costs, and business tax costs * Provides the latest strategies companies re using to control costs

Cost Reduction and Control Best Practices

Cost Reduction and Control Best Practices PDF

Author: Institute of Management and Administration (IOMA)

Publisher: Wiley

Published: 2013-08-12

Total Pages: 0

ISBN-13: 9780471739180

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Cost Reduction and Control Best Practices provides financial manages with no-nonsense, balanced, and practical strategies that are being targeted and used nationwide for controlling costs by thousands of companies in areas such as human resources, compensation, benefits, purchasing, outsourcing, use of consultants, taxes, and exports. These best practices are based on the trenches experience, research, proprietary databases, and consultants from the Institute of Management and Administration (IOMA) and other leading experts in their fields. * Provides best practices and techniques for controlling costs within a company * New chapters focus on outsourcing costs, downsizing, consultants' costs, and business tax costs * Provides the latest strategies companies re using to control costs

Cost Reduction and Control Best Practices

Cost Reduction and Control Best Practices PDF

Author: Institute of Management and Administration

Publisher:

Published: 2013

Total Pages: 544

ISBN-13:

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Cost Reduction and Control Best Practices provides financial manages with no-nonsense, balanced, and practical strategies that are being targeted and used nationwide for controlling costs by thousands of companies in areas such as human resources, compensation, benefits, purchasing, outsourcing, use of consultants, taxes, and exports. These best practices are based on the trenches experience, research, proprietary databases, and consultants from the Institute of Management and Administration (IOMA) and other leading experts in their fields. Provides best practices and techniques for controlling costs within a company New chapters focus on outsourcing costs, downsizing, consultants' costs, and business tax costs Provides the latest strategies companies re using to control costs.

Cost Reduction Analysis

Cost Reduction Analysis PDF

Author: Steven M. Bragg

Publisher: John Wiley & Sons

Published: 2010-04-13

Total Pages: 342

ISBN-13: 0470622474

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Discover the tools for knowing the costs your company should cut, without impacting its ability to deliver goods and services New from Steve Bragg, this book provides the tools for determining which costs a company should cut, without impacting its ability to deliver goods and services. It explains how to use throughput analysis in order to locate bottleneck operations in a company, which in turn dictates where capital investments should (and should not) be made. Delves into process analysis, to determine where excess resources are being used in a business process Describes the total cost of ownership, showing how a single purchasing decision actually snowballs into a variety of ancillary costs Shows how to create and use a spend management system to reduce procurement costs Shows how just-in-time systems can be used to eliminate inventory costs Cost Reduction Analysis: Tools and Strategies provides examples to show how much cost can potentially be eliminated to avoid drastic action later that can imperil your corporation's direction and future.

Cost Reduction Analysis

Cost Reduction Analysis PDF

Author: Steven M. Bragg

Publisher: John Wiley & Sons

Published: 2010-05-24

Total Pages: 342

ISBN-13: 0470587261

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Discover the tools for knowing the costs your company should cut, without impacting its ability to deliver goods and services New from Steve Bragg, this book provides the tools for determining which costs a company should cut, without impacting its ability to deliver goods and services. It explains how to use throughput analysis in order to locate bottleneck operations in a company, which in turn dictates where capital investments should (and should not) be made. Delves into process analysis, to determine where excess resources are being used in a business process Describes the total cost of ownership, showing how a single purchasing decision actually snowballs into a variety of ancillary costs Shows how to create and use a spend management system to reduce procurement costs Shows how just-in-time systems can be used to eliminate inventory costs Cost Reduction Analysis: Tools and Strategies provides examples to show how much cost can potentially be eliminated to avoid drastic action later that can imperil your corporation's direction and future.

Cost Reduction

Cost Reduction PDF

Author: Jack Greene

Publisher: CreateSpace

Published: 2013-09

Total Pages: 90

ISBN-13: 9781492261100

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For the Kindle Store version, please refer to http: //www.amazon.com/Cost-Reduction-ebook/dp/B00FAASREG/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1379779971&sr=1-1&keywords=Cost+Reduction The immediate needs for your organization will depend on the general economy, the particular sector of the economy you participate in, and unique characteristics of the organization. You may need to survive, or to recover, or to thrive at different times of your existence. This book offers hands-on options for all economic phases, for all levels of the organization chart. Ideas for cost reduction and for good management are mixed interchangeably, just as in real life. Cost reduction and control are reliable strategies in any business phase, with benefit likely to be much higher than the cost. Many of us have been told at one time or another, find ways to cut cost. An "or else" relating to survival may have been spoken or implied. An evil economy may have conveyed the same message to the organization and its executives. Chapters in this book include: Cost reduction, the basics Cost reduction management Accounting aspects; keeping the books Keep it simple, sir or sweetheart Cherry pick at the management level; examples Beyond cherry picking: examples Five very effective tools which lead to cost reduction Do your internal operating practices interfere? Value added Motivation Twice as smart Operating practice for labor operations Operating practice for materials Operating practice for overhead Risk management Made in (the name of your country here) To achieve cost reduction in a booming economy or slowdown, how to proceed? one time or continuous, big project or little idea? top down or bottom up? Yes. Who can use this book, executive or manager? engineer or accountant or scientist or line supervisor or scheduler or buyer or maintenance head? Yes. Good cost reduction practice is not standardized; there is no established check list to perform for economic health or promise that if you perform steps 1, 2, 3 and 4 you will survive, or recover, or thrive. You'll have to pick and choose what makes sense for your organization, objectives and time table. This book is full of ideas for all of you who will reduce costs. Some sections will exactly fit the challenge you face, others will offer an adaptable idea or spark a new thought process. Some will tell you something you didn't know and open a new door.

Operational Excellence

Operational Excellence PDF

Author: Gilad Issar

Publisher: Springer

Published: 2016-01-14

Total Pages: 188

ISBN-13: 3319206990

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As industrial companies are placing a higher focus on operations, this book comes at the right time with a compilation of basic concepts of Operational Excellence and their application. Operational excellence allows companies to recover from reductions in gross margins and low profitability, which largely occur due to a rise in agile competition and the short life span of new technologies. This book helps managers and consulting academicians as a ready reference for cross-industry implementation of operational excellence.

A Manager's Guide to Creative Cost Cutting

A Manager's Guide to Creative Cost Cutting PDF

Author: David W. Young

Publisher: McGraw-Hill Companies

Published: 2003

Total Pages: 276

ISBN-13: 9780071396974

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A PAPERBACK ORIGINAL Practical, creative strategies and solutions for cutting costs­­without cutting people In an age of cutting costs­­no matter the cost­­the unspoken contract between employer and employee has never been more tenuous. But while trimming payroll may be the easiest answer, it is often far from the best. A Manager's Guide to Creative Cost Cutting presents specific ways that companies can reduce costs without reducing staff, along with implementation plans and real-world case studies and examples. Concise and compelling, it shows today's leaders how to better leverage resources to control spiraling costs while creating a sounder, more stable work environment. Featuring 101 techniques for executives to reduce expenses and expand profits, without disrupting workers' lives and deep-sixing morale, this unique and easy-to-read guidebook: Shows how to uncover hidden costs and then reduce or eliminate them Helps readers overcome 21 common cost-reduction prohibitors Highlights real-world examples, from Intel's unpaid leave to Goodyear's debt negotiation

The Purchasing Chessboard

The Purchasing Chessboard PDF

Author: Christian Schuh

Publisher: Springer Science & Business Media

Published: 2011-11-27

Total Pages: 239

ISBN-13: 1461422213

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The approach used on a given spend item should largely depend on the balance between supply power and demand power. That is the logic behind the bestselling Purchasing Chessboard®, used by hundreds of corporations worldwide to reduce costs and increase value with suppliers. The 64 squares in the Purchasing Chessboard provide a rich reservoir of methods that can be applied either individually or combined. And because many of these methods are not customarily used by procurement, the Purchasing Chessboard is also the perfect tool for helping buyers to think and act outside the box and find new solutions. A well-proven concept that works across all industries and all categories in any given situation, it is little wonder that business leaders and procurement professionals alike are excited by, and enjoy strategizing around, the Purchasing Chessboard. This second edition of The Purchasing Chessboard addresses the new realities of a highly volatile economic environment and describes the many—sometimes surprising—ways in which the Purchasing Chessboard is being used in today's business world. Yet despite all of the great achievements of procurement executives and their teams, they do not always receive the recognition they deserve. In response, the authors have developed and outlined within the book an unequivocal approach to measure procurement’s impact on a company’s performance—Return on Supply Management Assets (ROSMA®).