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Resource Guide: Cost Reduction Strategies

ISM Articles


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Products:

  • Cost Effective Supply Management. ISM Professional Seminar.
    Available from ISM by calling 800/888-6276 ext. 401.
    http://www.instituteforsupplymanagement.org
    This seminar will help you learn strategies to optimize a lean supply chain.

  • Focus on Cost Containment Strategies. 2003.
    Available from ISM by calling 800/888-6276 ext. 401.
    http://www.instituteforsupplymanagement.org
    This collection of previously published ISM articles provides an in-depth look at cost containment strategies.

  • Cost Reduction Toolbook: Tools for Operations and Supply Chain Efficiencies. Self-paced online learning course from the ISM Knowledge Center.
    http://www.ism-knowledgecenter.ws
    This course is designed to assist new and experienced supply management professionals to perform tasks more strategically and efficiently.

  • Supply Management for Value Enhancement-Volume III of the ISM Knowledge Series Lisa M. Ellram and Thomas T.Choi. 2000.
    Available from ISM by calling 800/888-6276, Ext 401.
    http://www.instituteforsupplymanagement.org
    This volume brings emphasis to the variety of ways the supply management process adds value to the organization. This text covers all aspects of value enhancement, well beyond basic cost-saving measures. Supply Management for Value Enhancement focuses on the critical issues involved with outsourcing/privatization, inventory management, cost avoidance/cost reduction programs, forecasting, hazardous materials management, JIT inventory systems, lease-buy and net present value analysis, and how to develop strategies based on long- and short-term market forecasts.

  • Competitive Price Analysis — An Interactive CD-ROM.
    Available from ISM by calling: 800/888-6276, Ext. 401.
    http://www.instituteforsupplymanagement.org
    Follow established guidelines for selecting a cost analysis method, identifying pricing factors, perform common price analysis calculations and define the goals of your procurement process with actual case study scenarios.

  • Supplier Cost Analysis — An Interactive CD-ROM.
    Available from ISM by calling: 800/888-6276, Ext. 401.
    http://www.instituteforsupplymanagement.org
    Improve your organization's bottomline through diverse forms of cost analysis and effective supplier cost disclosure. This is a performance-driven learning program with multimedia instruction and exercises with a customized role-playing feature.

  • Target Costing — An Interactive CD-ROM.
    Available from ISM by calling: 800/888-6276, Ext. 401.
    http://www.instituteforsupplymanagement.org
    Develop skills to define and implement target costing for new product development, for existing products and services, or apply the principles to new ones.

  • Integrated Cost Reduction. Ron Nussle and Jim Morgan. Reed Business Press, 2004.
    Available from ISM by calling: 800/888-6276, Ext. 401.
    http://www.instituteforsupplymanagement.org
    This book provides a blueprint to permanent cost savings and true value add-ons.

  • Lean Supply Chain Management: A Handbook for Strategic Procurement. Jeffrey P. Wincel. Productivity Press, 2003.
    Available from ISM by calling: 800/888-6276, Ext. 401.
    http://www.instituteforsupplymanagement.org
    Lean Supply Chain Management provides a powerful and profitable method for strategic procurement.



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