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Cost management

  • "Pulling together" © Skopein/Ikon images Pulling togetherLeveraged purchasing helps businesses to save on costs and avoids the problems of a consortium, say Leon Smith and Nabeel Irshad.
  • Horses made out of dollar bills © iStock How to define cost transformation'Cost transformation' is a term increasingly used in business parlance, but when it comes to procurement, what does it actually mean? Ed Ainsworth explains.
Editor's choice
Supply Business editor Rebecca Ellinor selects a recent article highlighting key considerations for global procurement and supply chain professionals.

Cost management articles

  • "Pulling together" © Skopein/Ikon images Pulling togetherLeveraged purchasing helps businesses to save on costs and avoids the problems of a consortium, say Leon Smith and Nabeel Irshad.
  • Jet engine © iStock Sector focus: aerospace Demand for civilian airliners is sky-high, but manufacturers' margins are being squeezed – sending shockwaves through the supply chain as managers are forced to focus on indirect costs.
Les Murray and Richard Nixon report.
  • Mike Inman, professional negotiation instructor, Tableforce The negotiator - March 2014Use fear, uncertainty and doubt (FUD) to gain the upper hand in negotiations, says Mike Inman.
  • Dick Russill illustration Executive coach - January 2014Dick Russill answers reader's questions about bottomless savings and executive's health issues.
  • Value addedWhat tools should procurement departments be utilising to ensure 
their company's competitiveness? 
Rima Evans 
investigates.
  • Kellogg's Special K cereal boxes © Kellogg's Financial announcements - January 2014Kellogg's launches 'project k'; Hornby suffers from supply chain disruption; Sales take a leap at Jaguar Land Rover; Serco/G4S face losses.
  • Five actions to improve procurementAndrew Swift and Richard Kane look at how to take control in trying economic times.
  • Nicholas Passaquin © Sam Kesteven It's about adding valueWith Thomson Reuters facing challenging times, procurement is embarking on a two-year improvement programme to help the group keep on track of its targets. Supply Business meets the man in charge of the changes
  • Passenders boarding a Thomas Cook plane © Alamy Financial announcements - March 2013Travelling light; Morrisons saves more; G4S sees profits slide; BT calls in cost cuts; Rentokil on the rise.
  • Purchasing consultancy illustration © Dan Haskett Mission impossible?Consultancy spend is an area rife for savings and is one of the 
final taboos of corporate expenditure. Nick Martindale looks 
at how and why procurement should get in on the action.
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July 2014
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