THE COST AUDIT: Cost factors and their reduction

Abstract

In the last issue of RDM, Robert Williams outlined a model cost audit of a distribution system. In this second part, he demonstrates how such a cost audit can identify the major factors affecting costs, and makes some practical suggestions towards their reduction. What appears on the following pages was delivered in an extended form to a recent conference in London of the Institute of Practitioners in Work Study, Organisation and Methods.

Citation

Williams, R. (1978), "THE COST AUDIT: Cost factors and their reduction", Retail and Distribution Management, Vol. 6 No. 3, pp. 57-61. https://doi.org/10.1108/eb017949