Revenue Growth Vs. Cost Savings – Can’t They Co-Exist?

Friday, March 28, 2014 , business management, by Rich Rafdahl

With the most recent economic downturn and slow recovery, we have all witnessed either personally or with companies we know well an abrupt transition from revenue growth and sales driven entities to lean and mean, cost cutting organizations and now possibly back again to revenue growth. This pendulum, depending on the market and economic conditions,  seems to swing in one of these 2 directions which  Read More..

THE ART OF SELECTING THE RIGHT PERSON FOR THE JOB

Saturday, March 1, 2014 , business management, by Rich Rafdahl

Identifying and selecting the very best individual for a key role within the company can be the ultimate challenge .  When considering candidates for a critical position, I have always felt a little uncomfortable basing my decision solely on a resume and 45 minute interview.  As a manager over the years who has hired many talented individuals and  Read More..

The Three “Cs” of Procurement Cost Reductions

Monday, February 17, 2014 , Cost Reduction, by Rich Rafdahl

A recent interview with Richard Rafdahl, President of Cost Reduction Specialists Inc., regarding Spend and Inventory Management Strategies that was published by Digi-Key Corporation (Supply Chain Headquarters). http://www.digikey.com/supply-chain-hq/us/en/articles/cost-reduction/the-three-cs-of-procurement-cost-reductions/1617  Read More..

6 Reasons Why Businesses Should Consider Procurement Outsourcing

Tuesday, January 21, 2014 , Cost Reduction, by Rich Rafdahl

With the customer and market demands associated with most industries changing rapidly, it is critical that an organization’s best people remain focused on the business at hand while preparing for future opportunities. Within the procurement area this is especially true. It is crucial that the purchasing staff ensure your company is receiving the best value,  Read More..

Using Supplier Negotiation Tactics to Reduce Costs

Monday, January 13, 2014 , Cost Reduction, by Rich Rafdahl

The following link is a recent article that was published by Digi-Key Corporation – Supply Chain HQ based on an interview with Richard Rafdahl, President of Cost Reduction Specialists, by freelance journalist Ms. Bridget McCrea. It focused on smart strategies and tactics that could help reduce the costs and cash flow challenges associated with an  Read More..