The official IOMA source for tips, techniques, strategies, and best practices in corporate cost-cutting, Cost Reduction and Control Best Practices provides financial manages with no-nonsense, balanced, and practical strategies that are being targeted and used nationwide for controlling costs by thousands of companies in areas such as human resources, compensation, benefits, purchasing, outsourcing, use of consultants, taxes, and exports. These best practices are based on the trenches experience, research, proprietary databases, and consultants from the Institute of Management and Administration (IOMA) and other leading experts in their fields.
This book is a totally updated, authoritative compilation of the best strategies and techniques being used to control costs in various industries and across virtually all business functions. Each chapter focuses on a different department or function and includes the latest best practices and dozens of practical tips and tactics from managers around the country. In-depth case studies and examples show how diverse cost reduction and control measures work in the real world.
Based on vast research by the Institute of Management and Administration, the premier resource for management professionals, this guide is ideal for managers and financial officers who need to implement cost reduction measures promptly, small business owners who need fresh ideas for cutting costs, and all executives who realize that ongoing cost control is vital for resiliency and competitiveness in fluctuating economic environments. Today, cost control must be integrated into corporate culture in order to preserve that corporate culture.
Key Features
- Provides best practices and techniques for controlling costs within a company.
- New chapters focus on outsourcing costs, downsizing, consultants' costs, and business tax costs.
- Provides the latest strategies companies re using to control costs.
Contents
- 1. Corporate Cost-Control Strategies.
- 2. Human Resource Department Costs.
- 3. Benefits Costs.
- 4. Compensation Costs.
- 5. 401(k) Plan Costs.
- 6. Training and Development Costs.
- 7. Accounting Department Costs.
- 8. Accounts Payable Costs.
- 9. Credit and Collections Costs.
- 10. Purchasing Costs.
- 11. Inventory Costs.
- 12. Export Costs.
- 13. Outsourcing.
- 14. Downsizing.
- 15. Consultants’ Costs.
- 16. Business Tax Costs.
- Index.
About the Authors
- IOMA (Institute of Management and Administration) publishes a broad range of high-quality information products for business professionals. Their products serve two purposes: to improve the efficiency of their subscribers and to enhance the financial performance of the firm or organization. Over 180,000 top business professionals rely on IOMA publications, special reports, and electronic services every month.
Book Details
- Hardcover: 544 pages
- Publisher: Wiley; 2 edition (c2013)
- Language: English
- ISBN-10: 0471739189
- ISBN-13: 978-0471739180
- Product Dimensions: 9.6 x 6.5 x 1.4 inches
- List Price: $94.95