Category Archives for "For Boutiques and Consultants"

Use Monte Carlo Simulations to Quickly Model Costs and Influence Stakeholders

By Doug Hudgeon The Cost Reduction Tip Taking your business down to its lowest possible operating cost typically involves changing (usually simplifying) processes. When preparing a business case for changing your current processes, it is usually easy to nail down system costs but people costs are almost always problematic. Even if you believe you can […]

Keep Your Passengers Informed

By Doug Hudgeon The Cost Reduction Tip Tom Bender from SpendCorp contributed today’s tip: It’s not enough to do good work, your stakeholders must see that you are doing good work: control, track and report. Doug Hudgeon who is lawyer and vendor management professional who has branched into finance and accounting shared services management.

Supply Chain Relationships- Partnerships or Partnershaft?

supply chain relationships - GLOBAL SUPPLY CHAIN GORUP

By Stuart Emmett Business & Relationships Business and supply chain management maybe technically simple, but it is usually managerially difficult. In supply chains for example, there are many technically simple solutions which give better business performance. There are also many “hard” technical systems approaches such as, MRP and SAP, which are most useful and can […]

Assign Clear Personal Responsibility for Each Cost Line to a Single Individual

By Doug Hudgeon The Cost Management Tip As I’ve planned my upcoming tips, I’ve been pondering which tip will be the most important. I now think this is it. You cannot reduce cost in your organisation unless you assign a single person the task of, and regularly hold them to account for, improving each cost […]

Empowerment and Email

EMPOWERMENT EFFECTIVENESS EFFICIENCY

by Stuart Emmett I am fed up with a lot of organisations. Is it just me? Do others find too many simple basic mistakes are being made these days by organisations? These mistakes are also being repeated many times and do not seem to get corrected. Why is this? One of my theories is that, […]

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