With recession looming, companies are seeing their costs increasing and margins being squeezed. In today’s podcast Kevin Uphill, Chairman of Avondale, is joined by Simon Dodson of Expense Reduction Analyst, leading cost optimisation consultants, to discuss how to keep profits in the business through cost reduction and how to run a lean business model through advancing technology and automation and ensuring roles and responsibilities within teams are clear. Some of the discussion points include:
- How do you best tackle the rising cost of energy?
- How do you review your cost base and spot areas where cost reductions can be made?
- Why are technology advancements so important when it comes to saving money?
About Expense Reduction Analyst (ERA)
ERA operate in over 40 countries with a network of more than 700 specialist procurement consultants, delivering expertise in a wide range of major cost groups. They have the resources to help you reduce costs, enhance quality and service delivery, improve supplier relationships, assess your internal processes, meet compliance targets and demonstrate to other stakeholders that you are achieving best value.
If you would like to discuss your procurement and cost reduction further with Avondale or Simon, please email av@avondale.co.uk or submit a form on our contact page.
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