Ideas to minimize freight costs in today’s economy
Reduce freight costs with strategies like partnerships, shipment pooling, and using alternative transportation modes
Ideas to increase cash flow
Businesses should always look for ways to increase cash flow.
Lessons learned from my Procurement Mentor: Negotiations Success
I've seen many examples of companies and executives insisting on "negotiating" for a reduction in costs at the expense of all else.
Profit Through People
Once the people elements are in place, processes compliment them. Implementing processes boils down to planning, executing, auditing and standardizing. Again, the key to success ties back to people.
The $1 million dollar planner
With all the competing demands within a supply chain organization, a $1 Million Dollar Planner is the person that can see the bigger picture and communicate just how the company’s objectives can be achieved.
Finance… bean-counters or value added resources?
Would you be surprised to learn that with ALL three of my examples, there were naysayers who thought there was something wrong with the resource?
Reducing waste
In manufacturing, the only route to success is to manage costs, reduce waste, and increase efficiencies. From a waste point-of-view, here are six tips to successfully reduce waste which will not only reduce costs but it also improve customer service.
Implementing Processes
In my experience, processes are discussed and debated expertly; however, many times, they fail in execution.
Tips to increasing sales revenues
Clearly, one of the keys to thriving in the current recession is to be ahead of the competition in terms of sales.
Tips to Reduce Operational Costs
In today's economy, there is no doubt a large focus on reducing operational costs (whether they are the traditional operational costs of a business or the day-to-day personal operational costs).