In our recent Focus on Costs Programme we examined the elements of a professional cost reduction programme – sharing the models, techniques and tactics required. In Recalibrating Spend we home in on some specific opportunities for cost reduction in the here and now. Recalibrate Your Costs: Surfing a New...

In recent weeks our series of articles on Recalibrating Costs for the “next normal” has focussed on Indirect costs i.e. those that aren’t directly related to sales. The Direct costs of goods sold should similarly not be immune from cost-cutting efforts.  There is often a reluctance to pursue hard-hitting reductions...

Covid19 has turned many peoples working lives upside down.  What was once considered normal has completely changed in these unprecedented times. Nowhere is this more starkly illustrated than your business’s company vehicles.  Many fleets have been effectively mothballed with drivers forced to stay at home and face-to-face meetings all but abandoned.  Even...

It is widely anticipated that – accelerated by the pandemic – flexible working will become the norm, and that employees will work significantly greater periods of time from their home office.  The Chief Executive of Barclays certainly believes that large numbers of people working together in a central environment...

It is currently possible to make significant savings in MRO and add incredible value to your organisations by adopting the latest innovations from suppliers.  Do not delay acting as the window of opportunity will not last.  MRO is a spend category which should behave like other aggregated, commodity, high-variety, online...

During our ‘Recalibrating Spend’ series we’ve been urging clients to examine their cost base, particularly in terms of what will be required for the ‘next normal’ rather than what was in place before the COVID-19 crisis struck. What your business ‘does’ – the fundamental concept of your business –...