Author Archive
Plan To Manage Your Vendors and Suppliers
By applied_business at 22 August, 2010, 12:00 am
The thought process among forward-thinking business leaders is that one of the few remaining strategies with a high potential for growing profits is in supply management.
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Business Expense Management – SRM
By applied_business at 22 August, 2010, 12:00 am
Continuous Improvement is critical to the success of your organizations supply management program. As an organization’s supply management activities increase in importance in this new business environment these organizations will continue to look at continuous improvement programs as a means of achieving and maintain their supply management advantage.
Read More >>Business Expense Management
By applied_business at 6 August, 2010, 12:00 am
Expense Management Plan Building is not intended to be a detailed financial statement. It is to act as a guide to help you forecast your company’s sales and expenses. The categories within an Expense Management projection work sheet are arbitrary and should be changed to reflect your company’s operations.
Read More >>Infrastructure Operations
By applied_business at 28 July, 2010, 12:00 am
Infrastructure Operations
For any service delivery model to produce cost savings that make a difference, it requires the right infrastructure and processes to back it up.
Driving Your Company Value
By applied_business at 13 July, 2010, 12:00 am
For example, the customer retention rate is a KPI for a business that relies primarily on recurring customer revenue (such as the provider of this blog tool or other subscription-based business models).
Read More >>Cost Reduction Solutions for a Down Economy
By applied_business at 29 June, 2010, 12:00 am
Consolidate the number of vendors and renegotiate pricing and terms to reduce costs. At one manufacturer, we found 12 suppliers across their divisions that provided the same hardware. By consolidating to 2 suppliers, they were able to save $4M annually. Bundling similar services (e.g., leased business equipment) can also prove to leverage purchasing power.
Read More >>Expense Management – Keeping Business Costs Under Control
By applied_business at 29 June, 2010, 12:00 am
Business Spend is typically be broken down into three categories:
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