For Part 2: visit http://www.youtube.com/watch?v=6ve9wK2xrpg
Trimming operational and workforce costs is sometimes necessary, especially in tough economic times. The number of companies and organisations shedding costs today is growing daily. Cost cutting needs to be done by analysing operations and costs and earmarking expenses that might be necessary in good times, but dispensable in challenging times. A downturn is an important opportunity to get closer to strategic suppliers to negotiate improved quality or preferential treatment and other sources of competitive advantage. Creating flexibility in your operating capacity to handle lower or different demand means your company can carry fewer fixed costs during challenging economic times.
Iain Wilson National Practice Leader Supply Chain, and Thomas Sherwen National Practice Leader Procurement from Chandler Macleod Groups specialist Supply Chain, Logistics and Procurement talent sourcing business ExecSupply, provide advice and solutions on how you can achieve operational and flexible workforce cost savings through an effectively implemented procurement strategy.
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