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Thread: Any one good at business maths?

  1. Jun 26th, 2005, 01:23 PM #1
    Beginner1982
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    Exclamation Any one good at business maths?

    Not very good at maths, and got this case study to work on. Its about identifying opportunities for cost reduction.

    The question:

    'How to establish whether we are getting value for money (and therefore whether there are any other cost reduction opportunities) on commodity Y with a global spend of £10M (The subsidiary split is; £7M, £2M, £1M). There are currently 15 suppliers'

    Not really sure where to start, am I looking for economies of scale? How do I put this into an equation?

    Please Help!!
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  2. Jul 2nd, 2005, 03:51 AM #2
    Rassis
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    Re: Any one good at business maths?

    I just can´t figure out what the problem is. Do you mind being more specific?
    Last edited by Rassis; Jul 2nd, 2005 at 04:13 PM.
    ...este projecto dos Deuses que os homens teimam em arruinar...
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