Cost Management

Cost Management

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Neil Bansal shares an article on using cost optimization to fuel business transformation.  I’ve enjoyed the variety of reactions and feedback from the inaugural Coppertree Partners blog post. If you haven’t read it, I invite you to do so and come back to me with your thoughts. I had an engaging discussion with a reader […]

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Mark Hess shares a company post that explains how mid-market companies are using AI to save money. AI is redefining business for mid-sized companies. A powerhouse of innovation, it’s driving change like never before. These organizations are in a prime position to take advantage of AI’s benefits, balancing the agility of small firms with the […]

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Andrew Hone shares a company post that identifies essential tips for cutting business costs. Although cost reduction programs can deliver a powerful mix of financial, strategic, and organisational benefits, the failure rates of these types of programs are very high. A recent survey of C-Suite executives, for example, found that while 90% of businesses had […]

John Sturdivant shares the unfortunate costs of lost revenue due to the post-lunch slump. You’ve probably joked about a post-lunch food coma, but it’s really not funny when you realize it might be costing your team $75k per year, or more if you’re a larger enterprise. We looked at a sample of ~20k data points […]

Gregory Borel shares a company post that outlines how to reduce energy costs.  The energy landscape is undergoing rapid transformation becoming more sustainable but increasingly complex. Meanwhile, commodity markets are becoming more volatile, resulting in record-high energy prices.  Never has it been more important for businesses to develop an energy strategy to mitigate and manage […]

Ian Tidswell shares an article co-written by Ofer Levi that shares four reasons customers will accept cost increases. As China cleans up its manufacturing companies, some raw material prices are increasing or are scarce. While never easy, passing on cost increases can be done with a simple explanation, communicated clearly to sales and customers. The […]

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  Eric Hiller shares an article on the top mistakes made in product cost management and design to value.  Product cost management (PCM) and design-to-value (DtV) are two areas in companies capable of delivering the greatest of impact, but are sadly prone to the biggest blunders by leadership. Eric A. Hiller, the managing partner of […]

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  In this short video from Andrew Hone’s company identifies why only one in 25 cost-cutting programs work.     The video can also be accessed on Zenithstrategy.com 

  Eric Hiller exposes the biggest blunders leaders make when it comes to product cost management and design to value.  Product cost management (PCM) and design-to-value (DtV) are two areas in companies capable of delivering the greatest of impact, but are sadly prone to the biggest blunders by leadership. Trying to save one’s way to […]

  Eric Hiller recently published the first article in a series for Industry Week. This week, the article  focuses on how an executive (and other people who are not cost experts) can understand what the cost management team is communicating. We have all been in a meeting where miscommunication happens. One of the biggest challenges […]