Cost and Profitability Analysis

ABC/M vs. Conventional Cost-Cutting

Cost and Profitability Analysis

ABC/M vs. Conventional Cost-Cutting

Business leaders always spend a lot of time thinking about costs and how they can reduce them, free resources for investment and improve the bottom line. The pressure to reduce costs is normally driven by cash flow position, shareholders, uncertainty, investments and the need to improve business performance. In light of the aftermath of 2008 read more

Maximizing The Return On Investment (ROI) of Marketing

Cost and Profitability Analysis

Maximizing The Return On Investment (ROI) of Marketing

Since the dawn of the new millennium, the world has experienced tremendous change, both positive and negative. There has been: Rapid advanced technological developments Introduction of new regulations Natural disasters Increased social and political unrest Growth of social media usage Global economic meltdowns Increased cyber threats Increased globalization Increased competition collapse of once dominant companies read more

5 Reasons Why Many Cost Reduction Initiatives Fail

Cost and Profitability Analysis

5 Reasons Why Many Cost Reduction Initiatives Fail

Most businesses are under extreme pressure to reduce costs while improving product quality and customer service. Developments in the global economy such as globalisation and advances in new technology have changed the traditional balance between customer and supplier. Today, customers are spoilt for choice meaning businesses need to be more customer-focused. They need to re-evaluate read more