Cost Savings Today - 1/2010

Cost Savings Today - 1/2010
In this issue :
  • 62% of European small businesses are focusing on cost reduction, p 1.
  • Stryker reduces its annual transport budget by 21%, p 1 and 2.
  • Electricity: is it really possible to reduce your bills?, p 3.
  • Case studies on energy expense category : Grillo and 2 Sisters, p 3 and 4.
  • … and others: Carrier, Metallumform and Caixa Sabadell, p 4.
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Suositeltavat Julkaisut
Cost Savings Today - 3/2011
The Sustainability of Cost Reduction Processes
Overhead Cost Reduction Processes are Important to European Companies
Cost Savings Today 2/2012

The importance of purchasing is increasing
 
The financial and economic crisis in 2008 and 2009 also had an effect on the purchasing and procurement sectors in businesses. More than two thirds of companies see risk management as the primary task of purchasing; mainly to safeguard themselves against supplier, commodity and currency risks. Accordingly, the acceptance of purchasing departments in business is constantly increasing: 54% of executives have stated that purchasing works on the same level as other major business departments. The pioneers in this process are the automotive, retail and electronics industries. These are the results of a study in which around 500 executives, COOs and purchasing managers were interviewed worldwide.