Cost Reduction


A cost reduction process is undertaken by companies to reduce their costs and increase their profitability and in some cases is necessary in order to remain competitive.

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Activity Based Costing (ABC) - What the Buyer Needs to Know

Activity Based Costing (ABC) came to prominence largely through the realisation that traditional accounting information was of limited use in assessing the effectiveness of resource...

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Costing and Pricing – What the Buyer Needs to Know

Wheat prices have hit an all-time high. The International Grain Council claims that prices will remain volatile due to supply uncertainties and developments in financial, energy and...

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