Cost Reduction and Control Best Practices

Book excerpt: 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.