A New Paradigm in Cost Management

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Author Archives: Floyd Talbot

About Floyd Talbot

Floyd Talbot is principal and founder of AFB Business Solutions and has more than 20 years of experience in advising small businesses in business financial management and planning, accounting, and business practices. He has served as interim financial manager for several small businesses, and has worked with business owners, CFOs, and accounting managers with implementing not only their accounting systems but also the entire financial accounting function within their companies, including financial reporting, budgeting, accounting practices, and strategic planning. Floyd earned his MBA from Pepperdine University and served on the Northern California Graziadio Alumni Network Board in the Northern California Bay Area.

Cost Reduction and Management, Part II: A Talk with Sergio Retamal, CEO, Global4PL Supply Chain Services

Posted on by Floyd Talbot

This article addresses a discussion with Sergio Retamal, Chairman of the Board, CEO, and Founder of Global4PL Supply Chain Services.  He has led global logistics for Fortune 100 companies, and has taught logistics and held board positions with the California … Read More >

Posted in Cost Management
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Three Major Areas for Supplier Cost Reduction and Management

Posted on by Floyd Talbot

Professionals can miss areas of opportunity for supplier cost reduction and management.  Usually when we think about costs management, the manufacturing, retail, or wholesale environment comes to mind.  Service industries usually do not take top rung.  However, all industries as … Read More >

Posted in Cost Management, Manufacturing, Strategic Management Accounting, Vendors and Suppliers
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Five Risk Deterrents for Cost Reduction and Business Excellence

Posted on by Floyd Talbot

Challenges of Risks Risks management is a major consideration for controlling costs and driving a company toward strength and excellence.  Foregoing risk management can threaten sound financial management as well as the going concern of a company.  Ignoring or down … Read More >

Posted in Ethics, Risk Management
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January Book Feature: Customer-Driven Budgeting: Prepare, Engage, Execute: The Small Business Guide for Growth

Posted on by Floyd Talbot

The book, Customer-Driven Budgeting: Prepare, Engage, Execute, addresses critical operational challenges not normally considered in the budget process or other budget books. Businesses cannot afford a hit and miss strategy. Money management is a priority in today’s economic environment. Taxes, … Read More >

Posted in Book Club
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