Look after the pennies
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Magazine Article, Source : The Manufacturer
Zone : Leadership and strategy
Published : April 2008
…and the pounds will look after themselves. While cost control has the big targets in sight, Colin Chinery asks whether the many smaller spends are proliferating off screen?
Surveying the quality of British cost management, the Chartered Institute of Purchasing and Supply estimated that up to 60 per cent of corporate spend is uncontrolled. “It surprises me how much companies really don’t know about what they are spending...
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