Ep 184 How to Navigate Escalating Costs with Michael Plesha

Show notes for Michael Plesha

Mike is an accomplished executive business leader with over 20 years of experience in global operations, sales & marketing, strategic planning, and value chain solution design. His strong relationship skills, consulting, and leadership abilities, combined with his broad industry experience, allows him to seamlessly connect across organizational landscapes, to partner with corporate leaders and build effective long-term board-level relationships. He is an active member of the Board of Directors for the Association for Corporate Growth (ACG), the Turnaround Management Association (TMA), and the California League of Food Producers. Additionally, Mike serves on the Board of Directors of The Vista Center for the Blind and Visually Impaired, one of California's oldest nonprofit organizations serving the blind and those with vision impairment.

As a Consulting Partner with Expense Reduction Analysts (ERA), Mike is a strategic advisor to C-Suite executives focused on driving improved costs, maximizing supplier value, operating margins, and EBITDA. ERA operates on a global basis working in both the middle- and enterprise markets. With a focused approach on business intelligence, analytics, and AI capabilities, Mike and his team of supplier industry subject matter experts provide their clients unique insights on supplier industry behaviors and real time benchmark data to achieve significant financial improvement in both cost structure and service levels.

We cover

Expense and spend management- is this the job of the CFO, the controller, purchasing, who? Does it change as a company grows?

What is Tail Spend and why is it difficult to manage?

How does one go about finding hidden savings opportunities?

How often should the CEO and the CFO look over expenses?

What should or shouldn’t companies outsource?

Connect with Michael

mplesha@expensereduction.com

Website

expensereduction.com