the gathering together, at a corporate headquarters, of specialist functions such as finance, personnel, centralized purchasing, and information technology. Centralization is usually undertaken in order to effect economies of scale and to standardize operating procedures throughout the organization. Centralized management can become cumbersome and inefficient, and may produce communications problems. Some organizations have shifted toward decentralization to try to avoid this.
Wiktionary Definition for: Centralization
#The act or process of centralizing, or the state of being centralized; the act or process of combining or reducing several parts into a whole; as, the centralization of power in the general government; the centralization of commerce in a city.
BOSTON -- The ongoing centralization of various Safeway Inc. departments will drive near-term earnings growth for the supermarketer, president and chief executive officer Steve Burd told investors this month. BOSTON -- The ongoing centralization of various Safeway Inc. departments will drive near-term...
PLEASANTON, Calif. -- Safeway Inc. (NYSE:SWY) announced an important step to enhance and strengthen its centralized marketing organization. As previously announced, the company completed the centralization process in 2002. Today, the company described its latest move as an "important step" in a fine tuning process that has been underway for...
Strategic purchasing and centralization have resulted in more than $1 billion in material cost savings for Alltel. Strategic purchasing and centralization have resulted in more than $1 billion in material cost savings for Alltel.
For Sinclair Broadcast Group, with 61 stations, many in small markets, this NAB show will be all about media-management systems. IT/broadcast convergence products and file-based systems that can help with the group's graphics-centralization project For Sinclair Broadcast Group, with 61 stations, many in small...
Staff Player: Leslie Campbell, vice president of worldwide procurement, Dell Biggest challenge: Getting internal customers to support centralization of procurement Promoting professional diversity: Campbell has led an effort to ...
CINCINNATI -- Helped by modestly stronger sales, wider margins and lower costs--and importantly putting behind it a handful of costs tied to store closings and the Macy's home store centralization that depressed the bottom line a year ago--Federate CINCINNATI -- Helped by modestly stronger...
The US House, spurred by the political popularity of workfare programs initiated by Republican governors in WI, CA, MI, and MA, passed a sweeping welfare de-centralization bill. However, the true costs of public service jobs and retraining may be much higThe US House, spurred by the political popularity of workfare...
SEOUL, Oct 16 Asia Pulse - Presidential hopeful Chung Mong-joon blamed Korean politicians for the 1997 IMF financial crisis and promised to delegate authority to deputies to prevent a repetition of the "excessive" centralization of power in the exec SEOUL, Oct 16 Asia Pulse -...
Leaders see the changing marketplace as an opportunity to innovate and reinvent the entire company. For organizations to let go of the traditional value chain and its organizational and cultural priorities, leadership must establish the need for componentization, decentralization, appropriate centralization, and value web integration—in other words, to define and...
MOUNTAIN VIEW, Calif. -- Independent Research by Computerworld, InfoWorld and Ziff Davis Research Reveals Dissatisfaction with Application Response Time, Security Concerns and a Significant Rise in Non-TCP Traffic
The Sussex Health Informatics Service HIS announced today that is has commenced a significant overhaul of its IT infrastructure, working towards centralization of IT services for all its customer organizations. This requires a unified approach to networking, security and application delivery to ultimately increase the level of patient care...
Scotts was shipping product according to unreliable forecasts. It had no idea which items were actually needed, or where. To make up for its ignorance, safety stocks were unacceptably high. And communications with retailers were minimal. Scotts was filling up warehouses with fertilizer and letting retailers take over from there....
The dynamic and at the same time cumbersome nature of healthcare organizations makes them ideal incubators for Performance Appraisal PA process change and improvement. This white paper fleshes out transformational motifs of simplicity, flexibility, centralization, collaboration, and trust emanating from one particularly successful example of this type of process change.
Many companies must juggle hundreds of thousands or even millions of price points. Traditional approaches for managing prices are inadequate in an environment of such complexity - so companies need a new operating model if they are to set prices effectively. Critical priorities include creating better visibility into pricing performance,...
From the executive summary: ‘In the realm of logistics, inventory, and transportation, executives have worked to make their supply chains models of efficiency. But, finance is another story. For a variety of reasons, the treasury strategy that CFOs have long used within their organization like centralization of cash management, which...
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