How to implement a zero-based budgeting strategy
The process of zero-based budgeting removes the budget's baseline and requires every cost to be justified. In contrast to other…
The rise of zero-based budgeting
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Is zero-based budgeting right for everyone?
Zero-based budgeting is essentially a cost-control mechanism. By re-setting each line of the budget at zero, it focuses attention on…
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What are the risks and rewards of zero-based budgeting?
A growing body of food makers are adopting zero-based budgeting as a tool to reduce costs and improve resource allocation.…
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Why zero-based budgeting is shaking up the food sector
Zero-based budgeting is not a new concept. It was developed around five decades ago by Peter Pyhrr, an account manager…
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General Mills on Q1 sales, innovation plans, margins – 8 things to learn
General Mills booked a 7% drop in first-quarter net sales last week, with sales down 4% on an organic basis.…
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Kellogg on new targets, zero-based budgeting, managing revenue and Q2 results – 5 Things to Learn
Kellogg last week announced mixed second-quarter results, with growth in underlying operating profit above analyst expectations but reported revenue missing…
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Nestle sets new savings target
Nestle has outlined plans for cost savings that are deeper than analysts expected, with the world's largest food group looking…
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Unilever’s Q1 sales – the top takeaways
Weak consumer sentiment in some emerging economies and growing demand for value from consumers in developed markets weighed heavy on Unilever's…
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Mondelez International’s 2015 results and outlook for 2016 – 7 things to learn
Mondelez International's shares took a tumble yesterday (3 February) on the back of its 2015 numbers and its forecasts for…
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ConAgra Foods “efficiency” drive to hit 1,500 jobs
ConAgra Foods, the US food group, is to cut around 1,500 jobs as part of plans to generate US$300m in…
