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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 1,419 news and 251 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.

UPDATE 1-United Technologies in $1 bln U.S. engine dealmore

models, compared with the third batch, Pratt said in a statement. It "demonstrates our commitment toward meeting...

Grape escape: Government wine cellar avoids axemore

The government has ruled out shutting down its wine cellar to cut costs. The cellar - containing about ��2m worth of...

Government wine cellar avoids axemore

stocks have been the subject of cross-party criticismThe government has ruled out shutting down its wine cellar to cut...

UPDATE 1-Singapore's NOL posts Q1 loss despite revenue growthmore

for the near term on uncertain market conditions. However, the firm will continue to focus on operating efficiency,...

Swiss private banks face cost cuts amid franc risemore

banks, it's more like 'business as usual.' They seem simply to be going through the motions of cost reduction, but the...

Retailers may shut stores in rents rowmore

Extract not available.

Rich Returns for Somali Pirates Evading Capture in Gulf of Adenmore

and gunmen. Martin points out that the highly competitive shipping industry is driven primarily by the need to cut...

Crib sheet: The 55 promises of Rahm Emanuelmore

administration will freeze spending. At the same time, department heads will be charged with developing a plan to cut...

The price of fuel efficiency?more

Council on Clean Transportation and the author of a book on hybrid cars. Its a quantum leap in cost reduction.

Obama administration set to raise fuel efficiency standards, but by ho...more

They point to a breakthrough in new hybrid systems, which arrived in U.S. markets this year, that cut costs of...

VIDEO: Government wine cellar 'self-financing'more

The government has ruled out shutting down its wine cellar to cut costs as it will be "self-financing" in the...

Despite a bitter first quarter, price target hikes for Tim Hortonsmore

in the operations for the rest of the year, said Desjardins analyst Maher Yaghi. The companys focus on cost reduction...

Letter From Europe: Agreeing With Nick Clegg, When It Suitsmore

measures that pander to privilege and punish the poor. As the Conservatives have cast around for ways to cut costs in...

Romney Defends State's Health Planmore

comments. Rick Santorum, the former Pennsylvania senator, said that the Massachusetts law had not improved health care...

Opinion: Obama's Running Matemore

about basic differences over the role of government. In the current debate over Medicare, Paul Ryan wants to reduce...

Visant Corporation Announces 2011 First Quarter Resultsmore

7 million for the first fiscal quarter of 2010. This increase was primarily due to the impact of cost reduction...

Takeda Said to Approach Nycomed to Gain Emerging-Market Salesmore

yesterday. To bolster growth, Takeda will seek drugs for ���unmet needs, increase our presence in developing countries...

Company Lawyers Sniff Out Revenuemore

of whom earned $1.5 million or more last year. But with law departments under continuing pressure to cut costs, top...

Raising the IQ of Smart Homesmore

swimming pool, or there are large parts of the house that need less lighting and these systems will cut costs.

Pentair Completes Acquisition Of Norit's Clean Process Technologies Bu...more

the strength of housing and related markets; the risk that expected benefits from our recent restructuring and other...

Rialto school board lays off 96 certified employees in budget-balancin...more

those positions also could be restored after state budget numbers are revealed Monday. Other Rialto Unified Schoo...

Takeda Said to Be in Talks to Buy Swiss Drugmaker...more

To bolster growth, Osaka-based Takeda will seek drugs for ���unmet needs, increase our presence in developing countries...

Petrobras Cuts Gasoline Prices 6% as Brazil Fights Inflationmore

pace in more than five years. Gasoline prices will be cut because the country���s sugar harvest will reduce costs for...

Adult care 'survives budget cuts'more

to council-run homes. "Shifting resources to that area helps prevent people needing intensive social care and...

Canadian Solar Q1 EPS Misses; Takes Hit On Forex Hedgingmore

"with ASP declines in line with expectations and macro trends.��� He said that "the benefits of our ongoing...

Top Sources: Cost Reduction

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

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Cost Recovery Advisor Core Solutions Group | Manhattan, NY
Posted: Mar 23
Cost Estimator - CONTINGENT UPON CONTRACT AWARD Ahtna | Minnesota
Posted: May 25
Franchise Oppoortunity: Cost Reduction Consulting Franchise Oppty With Expense Reduction Analysts | Boston, MA
Posted: May 24
Cost Oversight Finance Director PricewaterhouseCoopers International Limited | Tampa, FL
Posted: May 28
Cost Oversight Finance Director PwC | Tampa, FL
Posted: May 5

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