Cost management is vital factor for FMCG businesses with complex supply chains and high operating costs. The ebook “Expense Management for FMCG” helps you understand specific costs in the industry, building management policy frameworks, applying technology, analyzing cost data, and applying appropriate reduction strategies. Content includes Real-life examples from global brands such as Coca-Cola, AB InBev, Mondelez. Useful document for CFOs, chief accountants and operational managers in the fast-moving consumer goods industry.
Main content of Ebook:
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The Importance of Cost Management in FMCG industry: helps control budget, reduce loss, improve financial efficiency.
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Classification of specific costs: raw materials, production, logistics, marketing, administration...
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Challenges & Opportunities: variable costs, complex supply chains, competitive pressures, legal risks.
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Effective cost management strategy: policy setting, technology implementation, supply chain optimization, budgeting and forecasting.
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Real case study: Coca-Cola, AB InBev, Mondelez apply zero-based budgeting, cut costs and reinvest.
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Introducing Bizzi Solution: automated expense management software – from invoice receipt to approval, payment and reconciliation.
The ebook is compiled by a team of experts from Bizzi - a unit providing expense management solutions for more than 2,000 businesses in Vietnam, including multinational corporations and listed companies.
