The rise of zero-based budgeting
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…
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…
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.…
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…
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.…
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…
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…
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…
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…
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…