Cost Control and Profit Management Fundamental
What’s the first thing that comes to mind when I say cost control? I bet you think of cutting costs, don’t you? Well, it may …
Posts tagged Cost Control
Low-Cost Purchasing Initiative
One of the key department to success for controlling cost (and maximizing profit as the main goal of companies) is the purchasing department. Purchasing is …
Cost Control Systems
The cost control system is an integral part of the overall organizational decision support system. The cost control system focuses on intra-organizational information and contains …
Effective Cost Control Tips
Cost control must be exercised over manufacturing and non-manufacturing costs. Costs should only be incurred for necessary business expenditures that will provide revenue benefit to …