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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.

Alvarion® Implements Proactive Cost Reduction Initiativesmore

the world's leading provider of WiMAX and wireless broadband solutions, today announced that it will implement...

Safeway 2009 Guidance Matches Expectationsmore

$1.2 billion, down from $1.6 billion in 2008.'These results will be supported by an aggressive cost reduction effort,...

" Oil prices continue slidemore

continued to hammer oil prices Wednesday. In the U.S., companies announced in November in an attempt to cut costs as...

Global Demand for Used PCs Exceeds Supplymore

But only 44% of PCs entering the secondary market will be reused, according to researcher Gartner. About one in five...

Jay Koza Joins Pangea3 to Enhance Discovery Servicesmore

scope of existing business relationships and drive growth through increasing sales and improving productivity.

HP sees stronger-than-expected 2009, shares upmore

gaining market share in an extremely strong competitive position. They've got share gains, combined with very...

Lawson Software Announces Cost Reduction Measuresmore

quote data Add to portfolio Analyst Create alert Insider Discuss Financials Sponsored by: , , ) today announced it is...

BlackRock Tells Employees Jobs to Be Cut This Weekmore

on Monday of impending job cuts to be made this week, saying it was looking for ways to reduce expenses in the...

The Ax Swings at Citigroupmore

decades companies have gotten fairly sophisticated about how they handle this process. But as the pressure mounts to...

Savings as Part of the Jobmore

East Aurora, N.Y., said her company has been urging employees to use the travel department’s services to reduce costs.

Opinion: You really can do more with lessmore

faster. This translates into cost savings and a happier, more productive staff. Efficiency is another key ingredient in...

Metropolitan Opera Still Looking to Cut Costsmore

The Metropolitan Opera, which has already taken measures to cut costs in its administration, on Thursday said it was...

Feeney is set for Daggers switchmore

Yeading in 2007. Salisbury have already made Andy Sandell, Matt Tubbs and Robbie Matthews available for loan to cut...

Open Source in a Down Economy: The Money Race Is Onmore

not be an ideal answer in every instance. No Guarantees 'The best area to use open source to reduce costs is probably...

Vodafone Sees Euro 1 Billion In Cost Cutsmore

operational performance through customer value enhancement and cost efficiency, supported by a Euro 1 billion ($1.

Cutting IT Costs: Dos, Don'ts And Best Practicesmore

by reducing IT budgets more than 5%. Instead, 'While negative economic and organizational conditions are frequent...

Manufacturers: Know Your Costsmore

sure to factor in the logistical costs and supply delays in chasing lower labor rates. Also determine the cost...

Yell announces plan to cut jobsmore

conditions. He added: 'Global economic trends show no sign of improving; therefore, we are actively working on further...

Vodafone cuts sales outlook as quarterly profit falls 35%more

adjusted operating profit of 11 billion pounds to 11.5 billion pounds. It also launched a one-billion pound cost...

Pendragon Confirms GBP30 Million Full-Year Lossmore

some time before consumers would benefit from the recent interest rate cuts. Pendragon has already taken steps to cut...

Surviving - and thrivingmore

an Internet start-up funded solely by the Kraft Group, was shut down last month as part of 'aggressive cost reduction...

Lilly Ends Quintiles Promotion Pact For Zyprexa, Stratteramore

S. and Puerto Rico to Quintiles. Many big drug makers have reduced their in-house sales forces recently to cut costs in...

Respite in Recession: Outsourcingmore

In today’s harsh economic environment, organizations are leaving no stone unturned to cut corporate waste and pull off...

Some companies reducing or suspending 401(k) matchmore

Action: Spokeswoman Lindsey Purves said the company discontinued its match June 1 as part of its effort to cut costs as...

In a Twitter Age, Even Bad News Like Layoffs Is on the Company Blogmore

react. Sam Lawrence, the chief marketing officer, left a short message on Twitter: Folks, Jive did make a cost...

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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