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.

Cost reduction strategies in supply chain management focus on finding the most efficient and affordable ways to procure and store products, transport them from point A to point B, and ensure customer ...

Business as we know it has changed. To remain relevant, organizations must continually evolve and improve their value proposition or face obsolescence. In fact, a new report by Accenture found that ...

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 control in project management is a wide field, and there is definitely a lot to say about it. However, the most important part of getting costs under control is to first understand why it's ...

The October 16 article Dullsville Just Got Interesting struck a nerve with me. It laid out the various approaches to Cost Management and how OEMs could apply related cost analysis in negotiations. In ...

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 ...

What Is Cloud Cost Management? Cloud cost management is a strategic approach to control, monitor, and optimize the costs associated with cloud computing. As businesses move their operations to the ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Getty Images / Worawee Meepian Accounting is ...

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 ...