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Cost management

  • 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.
  • 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

  • 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.
  • 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.
  • Workers in the Channel Tunnel © Alamy Curbing capital costsProcurement must convince business – as well as solutions providers – that it has a valuable role to play in ensuring big capital projects run both to time and on budget, says Chris Jones.
  • Cranes on a construction site © Dreamstime Sector focus: constructionThe global construction sector, often seen as an economic barometer, has suffered job cuts and falling order volumes in 
the West in the past year, 
but demand is expected to grow over the next decade. Glenn J Thomas, Emilio Saavedra and 
Gary T Markle provide a 
SWOT analysis of the industry.
  • Skyscrapers in Vietnam © Shutterstock Is China losing its shine?As the International Monetary Fund's World Economic Outlook report finds activity in developing economies has slowed, economist John Glen considers whether it's the end for China as a preferred sourcing spot – and if so, should buyers revert to traditional markets or emerging locations such as the Philippines, Indonesia, Vietnam and Thailand?
  • Mike Inman, professional negotiation instructor, Tableforce The negotiator: Winter 2012/13Mike Inman takes a look at cost saving quandaries.
  • Duncan Jones and Mohanty Bikash The important role of procure-to-pay technology in your move to strategic sourcingThis CPO Agenda-hosted webinar was presented in association with Zycus and Forrester Research. More than 800 buyers and marketers heard from two experts on the technology and they took part in a live Q&A discussion.
  • Profits fearsBusinesses fear they won't be able to improve profitability over the next 12 months, according to KPMG's latest Global Business Outlook study.
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CURRENT ISSUE
March 2013
Read the latest issue of Supply Business online.