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Resource Guide: Cost Reduction Strategies

ISM Articles

• Weathering the Storm: Managing the Volatility of Purchasing Costs. Bob Bruning and Mark Lustig. Inside Supply Management® July 2006, p. 26.
  
  
• Grow the Onion! Joseph L. Cavinato, Inside Supply Management® June 2006, p. 14.
  
  
• Adding Value Through Demand Management. Bob Bruning and Rick Hoole. Inside Supply Management® June 2005, p. 8.
  
  
• Measuring Up. Roberta J. Duffy. Inside Supply Management®, May, 2005, p. 22.
  
  
• Impacting the Bottomline: Supply Management's Financial Strategies. John Yuva and Tim Underhill. Inside Supply Management®, August 2004, p. 22.
  
  
• Are Supply Managers Just Gold Diggers? Robert A. Kemp. 89th Annual International Supply Management Conference Proceedings, April 2004.
  
  
• The Surprises in the Waste Barrel. Robert A. Kemp. 89th Annual International Supply Management Conference Proceedings, April 2004.
  
  
• Achieving Sustainable Cost Savings. John Yuva. Inside Supply Management®, February 2004, p. 22.
  
  
• They're Never Satisfied: Taking Cost Reduction to the Next Level. Marilyn Gettinger. 88th Annual International Supply Management Conference Proceedings, May 2003.
  
  
• Looking for Cost Savings in the Supply Chain. Thomas A. Crimi and Ralph G. Kauffman. Inside Supply Management®, March 2003, p. 6.
  
  
• How to Achieve Cost Savings From Supply Chain Management: Techniques that Work. Thomas A. Crimi and Ralph G. Kauffman. 87th Annual International Supply Management Conference Proceedings, May 2002.
  
  
• Strategic Cost Management Programs: What’s the Plan to Follow?. Carolyn Pye Sostrom. Purchasing Today®, September 2000, p. 42.
  
  
• Reducing Costs Through the Supply Chain. John Yuva. Purchasing Today®, June 2000, p. 48.
  
  
• How Purchasing Can Reduce Supply Chain Costs. Mark S. Miller and Thomas M. Graddy. 84th Annual International Conference Proceedings, 1999.
  
  
• Incentive-Based Cost Reduction Programs. Jeffrey A. White. 84th Annual International Conference Proceedings, 1999.
  
  
• Great Ideas From Within. Mitchell A. Millstein and R.O. McLaughlin. Purchasing Today®, March 1999, p. 6.
  
  
• Ready, Aim, Reduce. Robert F. Smith. Purchasing Today®, October 1998, p. 18.

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Products:

• Cost Effective Supply Management. ISM Professional Seminar.
  Available from ISM by calling 800/888-6276 ext. 401.
  http://www.ism.ws
  This seminar will help you learn strategies to optimize a lean supply chain.
  
  
• Focus on Cost Containment Strategies. 2003.
  Available from ISM by calling 800/888-6276 ext. 401.
  http://www.ism.ws
  This collection of previously published ISM articles provides an in-depth look at cost containment strategies.
  
  
• Cost Reduction Toolbook: Tools for Operations and Supply Chain Efficiencies. Self-paced online learning course from the ISM Knowledge Center.
  http://www.ism-knowledgecenter.ws
  This course is designed to assist new and experienced supply management professionals to perform tasks more strategically and efficiently.
  
  
• Supply Management for Value Enhancement-Volume III of the ISM Knowledge Series Lisa M. Ellram and Thomas T.Choi. 2000.
  Available from ISM by calling 800/888-6276, Ext 401.
  http://www.ism.ws
  This volume brings emphasis to the variety of ways the supply management process adds value to the organization. This text covers all aspects of value enhancement, well beyond basic cost-saving measures. Supply Management for Value Enhancement focuses on the critical issues involved with outsourcing/privatization, inventory management, cost avoidance/cost reduction programs, forecasting, hazardous materials management, JIT inventory systems, lease-buy and net present value analysis, and how to develop strategies based on long- and short-term market forecasts.
  
  
• Competitive Price Analysis — An Interactive CD-ROM.
  Available from ISM by calling: 800/888-6276, Ext. 401.
  http://www.ism.ws
  Follow established guidelines for selecting a cost analysis method, identifying pricing factors, perform common price analysis calculations and define the goals of your procurement process with actual case study scenarios.
  
  
• Supplier Cost Analysis — An Interactive CD-ROM.
  Available from ISM by calling: 800/888-6276, Ext. 401.
  http://www.ism.ws
  Improve your organization's bottomline through diverse forms of cost analysis and effective supplier cost disclosure. This is a performance-driven learning program with multimedia instruction and exercises with a customized role-playing feature.
  
  
• Target Costing — An Interactive CD-ROM.
  Available from ISM by calling: 800/888-6276, Ext. 401.
  http://www.ism.ws
  Develop skills to define and implement target costing for new product development, for existing products and services, or apply the principles to new ones.
  
  
• Integrated Cost Reduction. Ron Nussle and Jim Morgan. Reed Business Press, 2004.
  Available from ISM by calling: 800/888-6276, Ext. 401.
  http://www.ism.ws
  This book provides a blueprint to permanent cost savings and true value add-ons.
  
  
• Lean Supply Chain Management: A Handbook for Strategic Procurement. Jeffrey P. Wincel. Productivity Press, 2003.
  Available from ISM by calling: 800/888-6276, Ext. 401.
  http://www.ism.ws
  Lean Supply Chain Management provides a powerful and profitable method for strategic procurement.
  
  

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