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COST REDUCTION
Reducing expenses has a more immediate positive affect on the bottom line and is much less expensive to implement than trying to raise the top line by increasing sales. Cost reduction (also called "expense reduction") plugs profit leaks in non-core expenditure areas without any degradation in product or service quality. Expenditure areas commonly examined are shipping, printing, office supplies, telephone, utilities, travel, waste disposal, bank charges, and insurance, among many others.
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On non-labor cost reduction: Are there other, less painful, ways that ... ask people to take a small reduction in their...
How should a firm go about an intelligent cost reduction process to build a chain (where a set of costs are traced back...
Ben Weinberger, chief information officer of a law firm, typically travels about 25 times a year visiting colleagues...
New HD video conferencing options from Tandberg, plus new members in a videoconferencing interoperability alliance show...
If you're a cost-conscious business looking to reduce travel expenses by investing in video conferencing technology,...
In technology, it’s common that terms lose some of their precision and specificity as they move from the engineering to...
Here’s one way to cut travel costs for field trips. A dozen broadcast-journalism students from Howe, Oklahoma, public...
Cost is something that a business must incur to create and deliver value for its customers. However it is far from the...
Union, N.J. Bornstein advocates using financial ratios as an 'early warning system' to signal when a business should...
Key Unfortunately, during an economic downturn, some hard decisions need to be made. The most obvious way to reduce...
Unwanted costs happen due to operational problems and issues (OIPs). They are not something that can be easily and...
Looking at options for reducing inventory cost can help your company save jobs in this challenging economic environment.
The accompanying research notes, provided by Info-Tech Research Group, apply the Cost-to-Serve cost-reduction approach...
This Workstation & Peripherals Cost Reduction Assessment Tool is designed to help organizations determine their top...
In today's economy, your IT organization can truly shine by helping your company identify tangible cost saving...
The Benefits of a Professional Telecom Billing Audit Do You Need A Telecom Expense Audit? The more factors that you can...
From desktop PCs to monitors, software, networking, data storage, systems management and much more, here are 21 ways to...
Lack of or poor training, results in operational issues and problems that lead to unnecessary costs being incurred by a...
Cell phone billing overcharges are major cost management headaches for corporate users. What general areas do we review...
If your question is "Which workplace programs can I do now that will be most effective and also most cost...
Here are six more in the What Works for Business series of new small biz solutions you can digest in 10 seconds or...
This list of resources I provided to a contact today may help you do the same in your business.
Business Cost-Savings; Do You Really Need Cell-Phone Insurance? In my 25 year experience as a cell phone audit...
Here’s another cost-cutting strategy for your office needs that is so simple, people always forgetting about doing this.
Top Sources: Cost Reduction
- Industry Week
- Lightspeed Venture Partners Blog
- enablingbusiness.blogspot.com
- mytechboxonline.com
- BusinessWeek
- whatworksforbusiness.wordpress.com
- LinkedIn Answers: Management
- Information Week
- bottaboom.com
- IndustryWeek -- Technology & Innovation
