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Cost Reduction and Control Best Practices: The Best Ways for a Financial Manager to Save Money (Wiley Best Practices)

by Institute of Management and Administration (IOMA)

ISBN-10: 9780471034254
ISBN-10: 0-471-03425-8
ISBN-13: 9780471034254
ISBN-13: 978-0-471-03425-4
Hardcover
2002-02-08
Wiley


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Editorials


Product Description
The official IOMA source for tips, techniques, strategies, and best practices in corporate cost-cutting
This book is an authoritative and comprehensive collection of the best strategies and techniques being used to control costs across virtually every business function. Each chapter focuses on a different department or function and is built around original research, the latest strategies currently being used, and dozens of practical tips and tactics from managers around the country. Case studies and real examples illustrate this expert guide from the only truly definitive source-the Institute of Management and Administration.
The book offers specific techniques and proven best practices on cutting costs in the following areas:
* Human resources
* Benefits
* Compensation
* 401(k) plans
* HRIS
* Training and development
* Accounting
* Accounts payable
* Credit and collections
* Accounting systems
* Logistics
* Purchasing
* Inventory
* Mail center
* Export
Ideal for managers facing a crunch, financial officers trimming budgets, and small business owners who need fresh ideas for cutting costs, Cost Reduction and Control Best Practices is the ultimate resource for controlling costs simply and effectively.

Download Description
The official IOMA source for tips, techniques, strategies, and best practices in corporate cost-cutting This book is an authoritative and comprehensive collection of the best strategies and techniques being used to control costs across virtually every business function. Each chapter focuses on a different department or function and is built around original research, the latest strategies currently being used, and dozens of practical tips and tactics from managers around the country. Case studies and real examples illustrate this expert guide from the only truly definitive source-the Institute of Management and Administration.

Reviews


High Quality Book

In a highly competitive operating environment in which we live, it is often difficult for a company to raise prices, unless it can differentiate its products and services in such a way that customers are prepared to pay a premium price. Even then it is necessary to produce the best value at optimal costs.

Most companies are price takers and the only area that they have control may be their costs. This is where this book is very handy and it provides managers with effective techniques and tools that they can employ to control and manage costs. The book shows that all departments can adopt best practices to ensure that their costs structures are optimal. Other areas to target for cost control include outsourcing, rightsizing organisations, the use of consultants and elsewhere.

This is an excellent book that is essential reading for all managers who need to learn the techniques, strategies and best practices in reducing costs for organisations. The author reinforces their well presented arguments, proposals and solutions with case studies and real examples that should assist managers in implementing the tips that they would have learnt.

Manager
I found this book innovative and helpful. It provides informative examples best practices, case studies and the latest strategies & techniques that companies can use to control costs and maximize profitability. In a tough fiscal year, I will be reading this book over and over again to find more new ways to save money.


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