1996 Purchasing Today Article Index
Term selected: Cost Reduction
A valuable reference tool, the Article Index is a comprehensive list of articles that have appeared in Inside Supply Management® (formerly Purchasing Today® and NAPM Insights®) magazine. Articles are organized by subject for easy locating and study.
Carpe Diem... or seize the day! This list of common and uncommon ways to reduce costs offers great opportunities to add to the bottomline.
Investment recovery, or the selling of surplus, obsolete, excess, or scrap materials, is big business. Disposing of unproductive assets is an effective way to increase your firm's revenue and to decrease inventory carrying costs. Properly disposing of surplus items is the last step in the purchasing and supply management process.
Should you look at cost reduction or cost avoidance to measure your purchasing department's performance?
You receive an edict from upper management: "Every department is to reduce costs by 5 percent." What approach will you take to help shrink expenditures?
Test yourself to see your level of effectiveness in reducing costs.