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Profit Siphons Are Stealing At Least $227,325 From Your Operating Budget – Reason # 14
- September 22, 2018
- Posted by: David Cantliffe
- Category: Cost Reduction, Profit Leakage, Profit Recapture
No CommentsThe Expense Category Manager Is Unwilling To Allow An Outsourced Expense Category Expert To Review The Current Category Spend I’ve covered a lot of this topic in the previous section as they’re quite similar, but with a slightly different twist. Here, the expense category manager is refusing to allow anyone else to review the
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Profit Siphons Are Stealing At Least $227,325 From Your Operating Budget – Reason # 13
- September 10, 2018
- Posted by: David Cantliffe
- Category: Cost Reduction, Profit Leakage, Profit Recapture
The Expense Category Manager Is Convinced That There Is No Cost Reduction Potential Within The Spend Categories They Manage Even if the expense category manager has consistently implemented thorough industry reviews at the end of current agreements or at least every three years, you still have significant lost profit recovery potential. No one is
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Profit Siphons Are Stealing At Least $227,325 From Your Operating Budget – Reason # 12
- August 26, 2018
- Posted by: David Cantliffe
- Category: Cost Reduction, Profit Leakage, Profit Recapture
The Expense Category Manager Has Been In Their Position For More Than Five Years When a new expense category manager takes over, there tends to be a lot of change surrounding vendors and procedures. Once those initial changes have occurred, the pace of change slows as long as the selected vendors are performing as expected