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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 5,469 news and 3,678 blog items. Read updated news, blogs, and resources about Cost Reduction. Find user-submitted articles and reactions on Cost Reduction from like-minded professionals.

News

Recent news on this topic.

Chinese mine blast toll doublesmore

of accidents. Most incidents are blamed on a failure to follow safety guidelines, often in an attempt to cut costs and...

FACTBOX-Winners, losers in U.S. Senate health billmore

Obama. The $849 billion Senate bill aims to extend coverage to tens of millions of uninsured and to cut costs in the...

China mine blast death toll risesmore

mining accidents in China are blamed on a failure to follow safety guidelines, often in an attempt to cut costs and...

5 Post Offices in City, Not 14, Are Now at Risk of Closingmore

not be put back on again, though the U.S.P.S. would continue looking for ways to cut costs. “If it’s off the list, it’s...

Fatal China mine blast traps manymore

coal mines. Most accidents are blamed on a failure to follow safety guidelines, often in an attempt to cut costs and...

AirAsia eyes Thailand for dual listingmore

for travel and trade, but budget carriers have largely outperformed the full service sector as passengers seek to cut...

AirAsia seeks dual listing in Aseanmore

for travel and trade, but budget carriers have largely outperformed the full service sector as passengers seek to cut...

The Henry Ford of Heart Surgerymore

by far the largest private-hospital group in India. At that volume, he says, he would be able to cut costs...

Nelson to Vote to Advance Health Billmore

they 'both have specific concerns with the bill in its current form.' They urged the Senate to 'further reduce costs,...

Budget Shift May Prompt City Job Cutsmore

maneuver to the public, or to the municipal unions that may be affected as the city scrambles to cut costs.

Senate tax hike misses the markmore

experts said. 'A higher Medicare payroll tax rate for upper-income people would provide no incentive at all to reduce...

Why Brooklyn Industries Manufactures in Chinamore

gone out of business, our relationship started to blossom. Together we have charted ways to improve quality and cut...

Sony hopes SOS offering will be a saviourmore

Go” (allows you to share files between Sony devices). The aggression with which the new Sony team has cut costs – 10...

Ontario Power profit boosted by investment returnsmore

said in a statement. He added that OPG is committed to operating prudently and efficiently, and on identifying cost...

Valero shuts Delaware refinery, takes big chargemore

hard look at all of our refineries throughout our system and working to identify ways that we can cut costs,' Day said.

Government of Canada Invests in Pulse Industrymore

lan, visit . grilexibility und he grilexibility fund, part of anada's conomic ction lan, was created to help reduce...

The man behind the netbook crazemore

and last winter it posted its first quarterly loss in the company's 20-year history. The company has cut costs through...

Gap's Profit Increases 25%more

margins even as the tough sales environment of the recession lingers through the fall. Retailers' yearlong efforts to...

The realities of IT management: ZDNet special reportmore

looks at some of the technologies and organisational challenges that hold the greatest potential for improved...

Union cancels next Iberia strikemore

December to 18 December, over the airline's plans for a hiring and wage freeze. Iberia wants to reduce costs to combat...

Screening Policy Wont Change, U.S. Officials Saymore

specter of rationing. The issue underscored the political sensitivity of revamping the health care system, and trying...

Hit By Recession, IT Industry Changing Focus, Rather Than Slashing Job...more

surveys, the top issues remained relatively steady. In 2009, however, they shifted dramatically. Managers ranked...

Aegis: no upturn this yearmore

year. Market research division Synovate reported an organic revenue decline of 11.5% year-on-year. Aegis said that its...

RBI Ends Zero-Cost Facility In FX Derivsmore

has withdrawn its zero-cost facility in forex deals, Financial Express reports. The Indian apex bank has revoked the...

2nd UPDATE: SABMiller Sees Outlook Starting To Improvemore

emerging markets is seen as an investment opportunity. SABMiller also said it has begun a four-year program to reduce...

Top Sources: Cost Reduction

  • Industry Week
  • mytechboxonline.com
  • BusinessWeek
  • bottaboom.com
  • whatworksforbusiness.wordpress.com
  • Information Week
  • New York Times
  • meetingsource.com
  • Financial Times
  • Globe Investor

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The Antenna, Laser, and Sensor PLM Northrop Grumman | Manhattan Beach, CA
Posted: Oct 22
Senior Cost/Economic Analyst Northrop Grumman | Arlington, VA
Posted: Oct 21
Process Engineer Johanson Technology | Camarillo, CA
Posted: Nov 9
SVP Lead Analyst - Cost Reduction Group Large Financial Company | New York, NY
Posted: Oct 12
Cost Accountant Atlanta, GA
Posted: Nov 19

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