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What are the 3 biggest challenges faced by supply chain/purchasing professionals today? (Survey Result 20)
There are many factors both internally as well as externally that are affecting supply chain/ procurement practices today. From the growing talent vacuum to the continuing lack of collaboration between Finance, IT and Purchasing relative to corporate initiatives. What in your own experiences and opionions are the top 3 issues that procurement professionals face?

Other reduction targets Related Articles

Wanted: jobs for Africa’s youth - Policy Reforms
“For successful poverty reduction, African countries have to be in the driver’s seat,” says World Bank Africa Region Vice-President Gobind Nankani. “Africans know best where the shoe pinches. They should craft their own poverty-reduction strategies based on national realities.”

Microfinance as Key Poverty Reduction Strategy Paper (PRSP) Component: The Majority of PRSPs Include Access to Financial Services
By the late 1990s, it was clear that something was not working in the field of development. Deteriorating economic growth in Sub-Saharan Africa, the failure of Structural Adjustment Programmes used by the World Bank and International Monetary Fund (IMF) and the question of how to link debt relief to poverty reduction led policy makers to adopt the Poverty Reduction Strategy Paper (PRSP) initiative in September 1999.

Training and the Poor: Learning to change
This paper explores the role of training in assisting individuals who are economically vulnerable and socially excluded (EVSE) in developing countries. Roughly speaking, almost one in four of the population in the developing world lives in absolute poverty and this number continues to increase rather than decrease. Poverty reduction is now at the top of the policy agendas of most bilateral donor agencies and international development organisations within and outside the United Nations system as well as a growing number of governments. Ambitious targets to halve poverty by 2015 have been set by the Development Assistance Committee of the OECD (see UNDP, 1998; OECD, 1997).

Stop Workplace Stress In Its Tracks
It's difficult, if not impossible, to avoid stress entirely. These tactics will allow you to perform emergency stress reduction, but you must also be aware when you're beginning to feel stressed. Do a self-check periodically (hourly, when you get up and move, or some other interval that works for you) so you can notice stress build-up so you can take these stress reduction steps before the stress level becomes unmanageable.

Reduction to the Achievable
There is the classic sales technique called “reduction to the ridiculous”, whereby the cost of the item being offered for sale (or the premium above a competitor’s offering) is framed in terms of the cost of a daily cup of coffee. If we take the concept (a big thing made up of tiny pieces) and apply it to goal setting and target achievement, then it becomes a useful tool when undertaking an ambitious objective - "Reduction to the Achievable"
Starting a Cost Reduction System, a few ideas!
Putting a cost reduction strategy is always beneficial but many times difficult to start. I have listed a few steps below just to get the juices flowing and an entry into cost reduction. Put them to use and brainstorm a few more. But the most important tip I can leave behind is one the you have heard many times before...
Cost Control, Cost Reduction after you cherry pick; get serious about Productivity Improvement
Cherry pick, gather the low hanging fruit. That's good Cost Control advice, but then what? Especially if a double dip recession is upon us and cost reduction is paramount. To reach the next level of productivity improvement may be a bit harder, but the results can benefit your organization structurally over time. This article explains some actions and their value. For a deeper analysis, my Amazon book called Cost Reduction; Survive, Recover, Thrive offers actions for any phase of the economy, for all levels of the organization chart. It is listed on Amazon, search by the title please. It is available in a Kindle edition as well as paperback.

Poverty reduction by trade and production capacity building in less privileged economies
SMEs play a decisive role at all Millennium Development Goals targets, but especially as regards Goal 1 (end poverty and hunger). WUSME's approach: Trade and production capacity building in less developed economies, Goal 7 (environmental sustainability) and Goal 8 (global partnership), all of them targets perfectly correlating with WUSME's Declaration of Purpose approved by the Founding Conference on 23rd April 2010 in San Marino.
Goal Setting Can Limit Our Flexibility and Learning
Goals are precise and measurable objectives with exact time frames and targets. Goals are short-term steps toward our long-term vision. Goals are specific points along our journey to higher performance. They could be organization or team improvement objectives such as targets for cycle time, customer satisfaction, error or defect rates, new products or services, costs, or revenues.

Appealing Your Property Taxes
Thousands of Texas homeowners will go through the property tax appeal process this year because the appraisal district incorrectly assessed their home's value. Sometimes getting a satisfactory reduction takes some time, but it is important to utilize the options available until you are offered a fair reduction.
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