Benchmarking: Corporate Cost Reduction

Corporate Cost Reduction Benchmarking Association

The Corporate Cost Reduction Benchmarking Association™ is an association of management professionals that conduct benchmarking studies to identify the practices that improve the overall operations of the members.

To identify "Best in Class" corporate cost reduction processes, which, when implemented, will lead member companies to exceptional performance. Some of the areas covered are: Adjusting staffing levels; Optimizing procurement efficiency; Identifying discretionary activities; Minimizing materials consumption; Minimizing travel costs; Minimizing training costs; Minimizing energy costs; Reducing telecommunications costs; Adjusting employee benefits to market; Opportunities to reduce costs through outsourcing; Optimizing technology investments; and Other issues identified by members.

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This service is provided by The Benchmarking Network, Inc., an international resource for business process research and metrics. We lead studies with over 140,000 process leaders in over 65 countries. We provide benchmarking training and research to individual companies, professional and trade associations, and industry and process based groups. Since 1992, our over 300 benchmarking studies have spanned virtually all processes and industries to identify measures and collect data.

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