1999 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.
Transaction costs rise when purchasers compete for the same goods in an inaccessible market, or when suppliers heighten perceived "differences" for their goods charging a premium for such differences.
Cost saving strategies function effectively when they are well-substantiated to suppliers.
Work closely with your key suppliers to discover hidden inventory costs.
Look to your internal customers for cost-cutting ideas.
Year after year, your organization sets another 10 percent cost reduction goal. Year after year, you meet that goal. Was there really that much money on the table the first time around?
Today's intensely competitive business environment demands that organizations become experts at developing low-cost, high-quality products and services that have the functionality customers expect. Cost management can help.
Trimming the supplier base requires a hard look at numbers and your strategic sourcing needs.
An in-depth study of your organization's and supplier's cost systems can lead to effective implementation of activity based costing.