Monday, February 17, 2025 · Norman Katz
Runaway costs eat away at money that could have been used for the benefit of the company like upgrading software systems, hiring additional employees, or training employees. That means root-cause analysis is required to identify all costs.
Monday, February 17, 2025 · Norman Katz
The Right Cost is not the lowest cost but is the necessary cost to ensure that the order is perfectly conveyed for use or sale based on the customer’s requirements and expectations.
Friday, August 2, 2024 · Brian Straight
Chief procurement officers face challenges in securing materials and supplies in a volatile supply chain yet still controlling that spending.
Monday, May 20, 2024 · Bob Wooten, C.P.M., CEP; Mark Trowbridge, CPSM, C.P.M. MCIPS; and Claudette Calder, MBA, CPSM
Electricity and natural gas costs are major factors in the profitability of companies in all industries, but especially in key parts of the supply chain. There are strategies to better control these costs.
Sunday, May 19, 2024 · Bob Wooten, C.P.M., CEP; Mark Trowbridge, CPSM, C.P.M. MCIPS; and Claudette Calder, MBA, CPSM
Electricity and natural gas costs are major factors in the profitability of companies in all industries, but especially in key parts of the supply chain. There are strategies to better control these costs.
Thursday, May 9, 2024 · Brian Straight
When the term cost control gets tossed around, it often means layoffs. But a strategic approach to controlling costs is more effective and can often strengthen organizations, argues Boston Consulting Group’s Laura Juliano.