Difference between revisions 581810038 and 583016826 on enwiki

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Spend management
{{notability|date=September 2013}}
{{copypaste|url=http://www.cost-containment.com/CCS_PDFs/WhatisSpendMgmt.pdf|date=September 2013}}
{{Refimprove|date=December 2006}}

(contracted; show full)

This is why, in hard times, companies typically turn to cost-cutting measures such as [[layoff]]s and [[product quality]] reductions. However, most analysts agree that this short-term 
[[tactic]] creates little long-term value, nor any long-term [[sustainable]] [[savings]]. This is why "Spend Management" has become a key long-term strategy for companies seeking to maintain long-term and sustainable value.

== Spend management systems ==

(contracted; show full)  | isbn = 1-932159-93-2}}

==References==
{{Reflist}}

[[Category:Management accounting]]
[[Category:Procurement]]
[[Category:Supply chain management]]