answersLogoWhite

0


Best Answer

Containment VS Reduction

National Cost already offers their clients the ability to contain costs in more than sixty common cost areas, including equipment maintenance, computer supplies and food service. Lee Ferry of National Cost explains that "containment is very different from cost cutting. A business cannot function in cost reduction mode on a long-term basis. Since cost containment involves controlling increases in costs before they occur, it is a means of controlling future risk." He goes on to elaborate that the "strategies for cost containment can be applied to small companies just as easily as large ones, because they involve the same two groups of people: employees and vendors".

No Fee Guarantee Program

National Cost also has a strict policy regarding customer satisfaction and now also offers a new No Fee guarantee program. National Cost works with each individual client and bases their commission off the percentage of the dollars saved, not a flat fee rate.

If you want to learn more about how a cost containment project can boost your profits. Please contact me via my email: lferry@nationalcost.com or call me at: 888-564-2678.

We don't make a nickel until you save a dime.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is cost containment?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is a thing called cost containment?

Cost containment is a matter pertaining to the government and their relation to a hospital patient. Cost containment are actions that are being taken to try to reduce the prices of medical care.


When was Healthcare Cost Containment United Association created?

Healthcare Cost Containment United Association was created in 1985.


What is procurement proces?

National Cost Containment Process


How successful was containment and what were the hidden cost and benefits to America?

yuhh


What was the US policy to stop the spread of Communism called?

It was called the CONTAINMENT POLICY.Please see this WikiAnswers Article which details how Containment worked.


What is the containment doctrine?

a doctrine of containment :p


What has the author Spiegel written?

Spiegel. has written: 'Trance & Treatment' 'Cost Containment & Drgs' 'Laplace Transforms' 'Complex Variables'


What policy did the Truman Doctrine support?

Containment


How much does it cost to remove asbestos?

Not sure , depending on how much to be removed. Very expensive. containment and disposal of the asbestos need to happen.


What is the definition of 'containment'?

In reference to the word "Containment," in the historical context of Communism, containment is the blocking of another nation's attempts to spread its influence. The actual word containment means to block passage or quarantine.


Did containment succeed in Korea or failed?

The containment policy did succeed in a way because the Americans did evidently stop communism from spreading. But they did this at the cost of 30,000 American soliders. The overall policy of containment did succeed because North Korea didn't take over the South. The Americans gained a strong allie in South Korea. Communism was stopped in Korea which shows that America did succeed.


What advancements were results of dormant inventories?

Advancements in production and distribution methods came to focus on cost-containment, inventory control and asset management.