Topic
cost management
Logistics Structural Flaws in Crew Travel Budgets Exposed
Crew travel budgets in the shipping industry are plagued by structural inefficiencies, leading to unmanaged costs. The lack of competitive re-tendering and visibility into decision-making processes are key issues.
Technology Stop Bad AI Projects to Save Your Budget
In the fast-paced world of AI, the ability to stop unproductive projects early is crucial to managing budgets effectively. Implementing a 'kill engine' can help organizations make evidence-based decisions, preventing unnecessary resource allocation.
Commodities Poultry Production Slashed by 25% Amid Rising Soybean Meal Costs
The poultry industry in India is cutting production by 25% due to a 40% rise in soybean meal prices. This move aims to mitigate increased feed costs impacting poultry producers.
Supply Chain Americold's Strategic Cost Reduction Amid Industry Challenges
Americold Realty Trust has launched a 'Fit for Purpose' initiative to reduce overhead by $25 million annually. This move comes as the cold storage sector faces challenges from food cost inflation and capacity overhang.