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Tag: Cost Management

5 Biggest Challenges in Cost Management Today

July 12, 2019 Boost Profits Admin

A recent poll conducted by Cost Management Association identified the 5 biggest challenges organizations are facing today related to cost…

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Posted in: Cost Management Filed under: challenges, Cost Management, management buy-in, non-salary expenses, operating costs, savings, savings opportunities, value analysis

Changing Negative Behavior of Your Value Analysis Team Leaders & Members

Boost Profits Admin

We were recently asked by a cost manager, “What should I do with a key player on my value analysis…

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Posted in: Value Analysis Filed under: behavior, Cost Management, value analysis, value analysis team

Finding More Time for Your Cost Management Initiatives

July 11, 2019 Boost Profits Admin

We all realize that time is fleeting, and before we know it the year is over and we haven’t found…

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Posted in: Cost Management Filed under: Cost Management, delegate, purchasing, savings, savings goals, time

Finding Time for Value Analysis at Your Corporation

Boost Profits Admin

One of the top five concerns of cost managers, based on our polls, is that their corporation’s value analysis team(s)…

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Posted in: Value Analysis Filed under: Cost Management, sourcing, supply chain, time, understaffed, value analysis, Value Analysis Teams

Gaining Your Management’s Approval for Cost Management Initiatives

Boost Profits Admin

The cornerstone for any organization to saving money can be summed up in two words: MANAGEMENT COMMITMENT. My experience in…

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Posted in: Cost Management Filed under: approval, business cycles, Cost Management, management commitment, saving, savings, support

How to Gain Internal Customers’ Buy-in to Your Savings Proposals

Boost Profits Admin

In my travels throughout the U.S., I frequently ask the question of corporate executives, “What is the biggest challenge that…

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Posted in: Cost Management Filed under: change, change management, Cost Management, savings, savings proposals

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

Your Value Analysis Teams Are Merely as Good As the People That Make it Happen!

July 9, 2019 boostprofits1313

John C. Maxwell, one of the leading experts on team behavior, tells us that, “You cannot build a great (value…

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Posted in: Value Analysis Filed under: Cost Management, Larry Miles, teams, value analysis, Value Analysis Teams

Finding More Time for Your Cost Management Initiatives

boostprofits1313

We all realize that time is fleeting, and before we know it the year is over and we haven’t found…

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Posted in: Cost Management Filed under: boss, buying, ceo, Cost Management, initiatives, murphy's law, purchase orders, savings goals, solution

5 Biggest Challenges in Cost Management Today

July 8, 2019 boostprofits1313

A recent poll conducted by Cost Management Association identified the 5 biggest challenges organizations are facing today related to cost…

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Posted in: Cost Management Filed under: contracts, Cost Management, non-salary expenses, products, realization, services, technology, 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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