Best Practices Involving Cost Containment Critical In This Economic Environment

June 11, 2009 - PRLog -- “Cost containment continues to keep executives up at night,” said Bob Engel, senior practice leader of supply chain management at Resources.  “In this ever-changing economy, it is important to keep current on trends in the market and up to date on what other senior executives are doing to implement their cost containment initiatives. This webcast should make these issues easier to navigate by highlighting best practices.’’

Today’s economic climate mandates that supply chain management organizations demonstrate and execute on cost containment strategies, initiatives, and results.   Mr. Engel will explore innovative practices for managing costs in the supply chain area and also provide insight into how total cost of ownership is critical to cost containment evaluations.  He will also review the results of a Resources’ survey of global supply chain executives and their plans for addressing strategic priorities across this year. Key issues discovered in the survey include:

- Managing resource constraints.
- Budgeting for professional development.
- Creating flexibility to quickly change sourcing strategies for rapidly changing market conditions.
- Addressing margin pressures and pressures to provide substantial cost improvements and reductions.
- Finding and retaining staff with leadership and process improvement skills.
- Managing resources and budget funds to implement systems.

Mr. Engel has been a supply chain professional for more than 35 years and has held various leadership positions with large and mid-sized companies.   As a practitioner, his hands-on knowledge and experience with supply chain management provides valuable insight and pragmatic information for Resources’ supply chain clients across all industries.  As senior practice leader of Supply Chain Management for Resources, Mr. Engel writes and speaks frequently on supply chain strategies and best practices. Visit resourcesglobal.webex.com .

ABOUT RESOURCES GLOBAL PROFESSIONALS

Resources Global Professionals, the operating subsidiary of Resources Connection, Inc. , is a multinational professional services firm that helps business leaders execute internal initiatives. Partnering with business leaders, Resources drives internal change across all parts of a global enterprise – finance and accounting, information management, internal audit, human capital, legal services and supply chain management. Resources Global was founded in 1996 within a Big Four accounting firm; today, a publicly traded company with over 3,200 professionals, from more than 80 practice offices, Resources serves 2,400 clients around the world every year.

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Resources Global Professionals, Inc. , is a multinational professional services firm . They drive internal change through finance and accounting, information management, internal audit, human capital, legal services and supply chain.