Cost reduction – concrete tips to maximize results

Costs that have increased over time relative to revenues, new market conditions or the need to release capital? There are many drivers to reduce a company’s costs. Whatever the reason and the inherent potential for the company, implementing a cost reduction program is usually associated with challenges.

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Category strategy – a fundament for sourcing to create value

The concept of category management in procurement is not new and has been developed and adopted by companies worldwide since the late 1980s, yet for various reasons a large percentage of companies fail to realise the full potential of category management. Developing a category strategy is one of the most important tools for companies to identify and deliver on their purchasing objectives.

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