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Tag: cost

Build Versus Buy Decisions Have Changed

July 12, 2019 Boost Profits Admin

An annual contract management study shows that every category of outsourced service from food service to engineering contracts has increased…

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Posted in: Cost Management Filed under: contract management, cost, lower costs, outsourcing, outsourcing contract, price

Finding Time to Analyze the Thousands of Products, Services, and Technologies You Purchase

July 11, 2019 Boost Profits Admin

A common concern amongst cost managers today is that they have too many products, services, and technologies to analyze and…

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Posted in: Cost Management Filed under: budge approval, cost, evaluate, purchases, supply chain, value justify

Imitate-and-Improve Strategy: A Value Analysis Imperative

Boost Profits Admin

Bestselling author Tom Peters tells us that, “Stealing from the best with pride,” is one of the best strategies we…

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Posted in: Value Analysis Filed under: best value, cost, innovation, LEAN, purchasing, strategy, value analysis

In Lean Times, Saving BIG Dollars & Making REAL Sense Starts with Effective Equipment Asset Management

Boost Profits Admin

Of all the management disciplines that cost managers need to master to remain competitive in these lean times, we have…

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Posted in: Cost Management Filed under: asset management, cost, equipment asset management, service contracts, supply chain

Mastering 10 Change Management Strategies, Tactics, and Techniques

Boost Profits Admin

Most people and organizations deal with change of any kind by denying it, avoiding it, or running from it with…

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Posted in: Cost Management Filed under: change management, cost, Cost Management, reduce costs, strategies

Mastering These Three Disciplines Will Start You on Your Quest for a Sustainable Value Analysis Program

Boost Profits Admin

I frequently hear from CEOs, CFOs, and cost managers that tell me that their value analysis program has “run out…

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Posted in: Value Analysis Filed under: cost, functional model, strategies, success, value analysis, value analysis program

Our #1 Enemy is Cost – So Stay on the Attack

Boost Profits Admin

“Management tends to take the smallest bite out of the cost apple,” says Jack Welch, as opposed to cost being…

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Posted in: Cost Management Filed under: activity-based labor management system, benchmarking, cost, cost-cutting, costs, cut costs, low-cost, savings, value analysis

Strategic Functional Analysis Can Help You Discover the Power of Outsourcing

Boost Profits Admin

Cost managers have one of the best vantage points in their organization to identify non-core functions that can be more…

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Posted in: Cost Management Filed under: cost, functional analysis, improve quality, outsourcing, reduce expenses, strategic

You Should Be Dancing with Your Customers

Boost Profits Admin

Remember when we first learned how to dance? We spent a lot of time making mistakes and stepping on our…

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Posted in: Value Analysis Filed under: cost, customers, lower cost, save, save money, savings, successful, value analysis

Recent Posts

  • 5 Biggest Challenges in Cost Management Today
  • 6 Powerful Steps for Developing Proud and Productive Value Analysis Teams
  • A Rewards and Recognition Program Will Turbocharge Your Value Analysis Team’s Performance

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