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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.

Cost Reduction is part of Business Exchange, suggested by John van Heiningen. This topic contains 1,483 news and 257 blog items. Read updated news, blogs, and resources about Cost Reduction. Find user-submitted articles and reactions on Cost Reduction from like-minded professionals.

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The most active stories in this topic based on user activity.

Ladbrokes Chief Procurement Officer bets on stakeholder managementmore

Supplier relationships are obviously vital to a sound procurement strategy. But for betting giant Ladbrokes, keeping...

E-Invoicing Mandates Spark Global Trendmore

E-invoicing mandates are spreading as more governments transition from paper-based processes to more efficient means of...

How e-Marketplaces Help Purchasing Agents, Buyers, and Suppliersmore

E-procurement makes for happier customers and allows organizations to better manage buyers, catalogs & suppliers

EPA Moves E-mail to the Cloudmore

The EPA is one of the newer federal agencies to ink a deal to move services into the cloud, including e-mail &...

Government Cloud Computing Expected to Continuemore

The 2012 election is still up for grabs, but at least one thing is not expected to change: the U.S. government's trend...

Ecuador Mandates Transition to Electronic Invoice Managementmore

Ecuador joins the ranks of governments switching to electronic invoice management in order to capture savings and...

European Commission Backs Mandatory Invoice Management Automationmore

The European Commission wraps up its conference on electronic invoice management ahead of a projected 2016 e-invoicing...

Misplaced or Stolen? Asset Management Blunder Causes Police to Lose Tr...more

The loss (or theft) of equipment from a Victoria, BC police department demonstrates the need for automated asset...

The Ultimate Guide to Secret Santamore

Check out Moneysupermarket.com's guide to Secret Santa to ensure there is one less thing to stress about this Christmas.

How Work Order Management Automation Can Improve Customer Relationsmore

Automated work order management does more than make you efficient. It also impresses your customers, amounting to a...

EU Urges Members Transition to Cloud Computingmore

The EU is working to develop standards and procedures for cloud computing in an effort to help encourage faster...

Evolutionary cost management in financial servicesmore

Cost management techniques have been quietly evolving in the back offices of financial services businesses.

2013 Global Supply Chain Survey Highlights Value of Speed, Efficiencymore

A new study confirms that leading businesses are focused on next-generation tools to help turn their supply chains into...

e-Procurement: Wal-Mart’s Domestic Procurement Plan Bodes Well for Ame...more

Wal-Mart’s new domestic procurement plan reinforces the growing trend toward more American-made goods, reshored...

Potential Loss of T&E Deductions Could Create Expense Management H...more

The GBTA warns of potential removal of T&E deductions, which could pose expense management challenges for...

Empowering Supply Chain and Financial Processesmore

A discussion of the relationship between supply chain and financial processes and why it makes sense to integrate the...

How a Texas Police Department Found More Time for Policing Through RFI...more

Police in Richardson, Texas, use handheld scanners to track equipment assigned to them saving money and leaving more...

The Cost of The 12 Days of Christmasmore

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Automated Expense Management Makes T&E Tracking More Efficientmore

Benefits of automated systems include integrating disparate data streams, easier processes for employees & better...

Depreciation Basics: How Asset Tracking Software Saves Corporate Cashmore

Asset tracking software is saving substantial time and money as corporations leverage these solutions to maximize...

E-Procurement: How to Build a Comprehensive Solutionmore

Automating e-procurement processes enables organizations to maximize productivity, reduce costs and get the most out of...

Push for E-Invoicing Adoption Continues in EUmore

The EU is expanding e-invoicing and supporting regulations across its member states, as countries coordinate the...

Elevating Expense Management: Why Manual Doesn’t Measure Upmore

Expense management software clearly outperforms manual processes, but also provides improved negotiation, reduced...

Timesheet Controls Reduce Fraud, Lossesmore

Reducing losses from time and attendance fraud requires a strong message from management – and a means for easily...

Work Order Management Streamlines Daily Operations for Companiesmore

Work order management software automates scheduling, prioritizes request queues and offers general support for facility...

Topic Feed: Most active content in Cost Reduction

Top Sources: Cost Reduction

  • Lightspeed Venture Partners Blog
  • Industry Week
  • enablingbusiness.blogspot.com
  • bottaboom.com
  • cost-improvement.com
  • LinkedIn Answers: Management
  • BusinessWeek
  • mytechboxonline.com
  • whatworksforbusiness.wordpress.com
  • ssonetwork.com

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Product Manager - Consumer Team Yelp | San Francisco, CA
Posted: May 2
Product Manager - Local Business Products Yelp | San Francisco, CA
Posted: May 2
Cost Estimator,Onshore Projects US Shell | Woodcreek, TX
Posted: Apr 9
Network Cost Analyst Verizon Wireless | Irvine, CA
Posted: May 14
Cost Accountant Advancepierre Foods | Enid, OK
Posted: May 20

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