Of all the management disciplines that cost managers need to master to remain competitive in these lean times, we have…
What is the difference between buying chemicals, raw materials, and computer chips vs. advertising, legal services, travel, temporary help, and…
Most people and organizations deal with change of any kind by denying it, avoiding it, or running from it with…
I frequently hear from CEOs, CFOs, and cost managers that tell me that their value analysis program has “run out…
“Management tends to take the smallest bite out of the cost apple,” says Jack Welch, as opposed to cost being…
Push or pull your internal customers in the direction of change and they’ll probably resist. Embrace them instead and you’ll…
Without a rigorous value justification process, organizations purchase millions of dollars of capital equipment (new and used) annually to replace…
Cost managers have one of the best vantage points in their organization to identify non-core functions that can be more…
We are all searching for the “magic bullet” to make our supply chains faster, better, and more user friendly by…
Our studies show that organizations have savings ranging from 7% to 15% hidden from their view in utilization misalignments (over-utilization…