Wednesday, May 30, 2007

EXPENDITURE STRATEGY - J&F PARTICIPACOES

J&F Participacoes SA, which controls JBS SA, Latin America's biggest meat producer, agreed to acquire Swift & Co. of the U.S. will reduce its debt obligations.

And it plans to cut costs at Swift without layoffs or production plant closures by:
1. cutting animals more efficiently
2. reducing transportation costs and
3. Reducing fixed costs will be a big obsession


This is a first on this journal: cutting costs without touching staff and factories!!

[Click here for full story at: BLOOMBERG.COM]

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