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Turning Overhead Expenses into Profits Prepared for the International Society of Industrial Fabric Manufacturers (ISIFM) Ralph W. Owens – Director Expense Reduction Analysts May 3, 2010
Presentation Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Who are Expense Reduction Analysts? ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Expense Category Opportunities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Typical cost reductions by expense category
Why all the focus on reducing overhead expenses? ,[object Object],[object Object],[object Object],[object Object],[object Object]
CFOs  surveyed say: Source: CFO Magazine
Expense Reduction Results Expertise Time Personnel
Common  misconceptions
Common misconceptions ,[object Object],[object Object],[object Object]
Common misconceptions ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Why do companies overspend?
The  b otto m  line ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Questions you should ask to find savings in  common expense categories…
Freight
Freight ,[object Object],[object Object],[object Object],[object Object]
Packaging
Packaging ,[object Object],[object Object],[object Object],[object Object],[object Object]
Waste Management
Waste Management ,[object Object],[object Object],[object Object],[object Object],[object Object]
Action Plan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],Contact Information

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