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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.

News

Recent news on this topic.

Postage Rate Increase Spurs New Money Saving Tacticsmore

Postage rates just went up - again - in what is now an annual rite of spring for the U.S. Postal Service.

" Obama will slice budget by $17 billionmore

instance, has given her House committee chairmen until June 2 to provide a list of ways they can reduce expenses.

Boston Globe gets reprieve, deadline extendedmore

is looking for $20 million in concessions from the Globe's unions that it says are necessary to reduce costs at the...

Chrysler, Culture and Cerberusmore

with German car culture. Daimler Benz ran the numbers and saw efficiencies of scale. It believed it could cut costs by...

Baker Hughes: US Oil, Gas Rig Count Down 10 To 945 This Weekmore

U.S. onshore natural gas fields and shrinking demand. Large industrial consumers have scaled back gas use to cut costs...

Singaporeans stay buoyant in the face of Asia's stormmore

only problem is that fewer people are taking taxis.' Mass transit use has risen as people try to cut costs on...

Cost cuts put Dow in the blackmore

had expected. 'Our positive earnings in this recessionary environment were the direct result of our rapid actions to...

Dow Chemical boosted by cutsmore

had expected. 'Our positive earnings in this recessionary environment were the direct result of our rapid actions to...

David Montgomery's Mecom looks to cut another 600 jobsmore

it had reduced its workforce by 7% of last year by cutting 830 staff as it attempted to cut costs. Montgomery said...

Starbucks Reports Steep Earnings Declinemore

billion, according to Thomson Financial. During the second quarter, we began to see signs of traction from the cost...

GM goes for brokemore

stock. 'That's why I think [bankruptcy] is more probable.'The moves are GM's latest efforts to cut costs and stem...

New York Times Co. Won't Go Private, Chairman Saysmore

repeat what he said last year. The Times said it would continue to build its online business and cut costs reported a...

Consulting Magazine Announces Insight Sourcing Group as One of the 200...more

drive earnings improvement through strategic sourcing and procurement-related services, many companies are turning to...

Despite Optimism That a Recovery is Coming, Cost-Cutting Plans Far Fro...more

the economy will recover by early 2010, but most say they still need to take further actions to reduce costs through...

Fiat in talks to buy GM Europemore

agricultural equipment in its home market, the US. Fiat said it was studying measures to streamline CNH and cut costs.

McDonald's Keeps Gainingmore

Apr. 22. The fast-food chain is expected to thrive in a recessionary economy where diners are looking to cut costs.

UBS: No change in China expansion plansmore

BEIJING, April 21 -- Switzerland's largest bank UBS is committed to expansion plans in China despite several cost...

Shanghai Petrochemical Turns Losses into Profits for the First Quarter...more

of the Company has increased. Meanwhile, the Company has further strengthened its internal control. Through adopting...

Regulations will not end England's rule of footballmore

clubs from spending more than about half their revenues on salaries. Logically, club owners should be delighted to cut...

PRESS RELEASE: Update On Strategy: Taking ING Back To Basicsmore

Day, to be held in Rotterdam today, CEO-designate Jan Hommen will provide an update on the measures to reduce costs,...

Business Intelligencemore

purchasing and logistics for Welch's. Coyne says the system has uncovered a great number of opportunities to cut costs...

Leading Your Business through Challenging Times; Applying Smart Action...more

still view them as fragmented, disconnected functions or processes that deal with logistics, freight, and warehousing.

Apprehensive investors await size of BT cutmore

subsidiary that serves the telecoms and IT needs of multinational companies. The problems rest on a failure to cut...

Expesite Announces New LEED Credit Tracking Toolsetmore

programs. The firm provides a range of services that can assist the client in identifying and implementing long-term...

Management posts to go at councilmore

2m this year Stirling Council is to get rid of 66 management posts and 50 administrative positions to cut costs.

Top Sources: Cost Reduction

  • Industry Week
  • bottaboom.com
  • cost-improvement.com
  • BusinessWeek
  • mytechboxonline.com
  • whatworksforbusiness.wordpress.com
  • ssonetwork.com
  • Information Week
  • aheadconsulting.com
  • New York Times

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Design To Cost / Life Cycle Cost Engineer ( Level 3 )(12016292) Northrop Grumman | Palmdale, CA
Posted: May 8
Cost Engineer,Onshore Projects US Shell | Houston, TX
Posted: Apr 10
Work with cutting-edge technology at premier healthcare facility Vista Staffing Solutions | Alabama
Posted: Sep 13
Program Cost Sched & Cont II Raytheon | El Segundo, CA
Posted: May 2

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