Cost of Goods Sold (COGS) impacts every important business measure for a manufacturer -- revenues, profits, time-to-market, competitive differentiation and more. But managing product cost is not easy.

Good financial decisions come from an effective cost-management strategy designed to maximize value and minimize both initial and ongoing costs. These includes, but aren't limited to, decisions such ...

It is imperative to predict or at least know the quantified financial benefit of the Lean Journey. Often, firms can show improvement in terms of cycle times and setup times, but the expression and ...

A hedge fund just bought 5 percent of your company. The fund partners clearly see value in what you’re doing, and, as a member of the management team, you take heart in that assessment. But you also ...

Cost audits ascertain whether all of the processes of a business are managed effectively, and if there are areas within a company's business structure that are wasting resources. Cost auditing ...

If you’ve managed a project before, you’ll know that keeping costs down is one of the biggest challenges during a standard project management life cycle. If your costs overrun, it can easily lead to ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...

Faced with crowded markets and higher expectations from clients and firm owners, investment management professionals are ...

President, Sales Xceleration, leading the organization which focuses on helping small to mid-size businesses get their sales back on track. In business process outsourcing, or BPO, subcontractors ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Suzanne is a content marketer, writer, and ...

Managing a commercial fleet? Drivers, vehicles, assets, maintenance, and future planning are all key cost factors you’ll need to understand and control. Our latest logistics report data on costs is ...

This systematic review found that studies of case management interventions have adequate quality and, in many cases, show cost-effective or even cost-saving results. Results: A total of 29 studies ...