Definition
A budgeting approach that requires all expenses to be justified from scratch, rather than being based on previous budgets, ensuring a fresh evaluation of expenditures each cycle.
Learn more about Zero-Based Budgeting
Only a small number of forward-thinking companies are realizing the unique opportunity their supply chains offer to better meet customer needs, fuel competitiveness and uncover growth, according to a new report from Accenture.
New tools—including technology, Lean Six Sigma, continuous improvement, or zero-based principles—require leadership support, rigorous change management, and on-going monitoring to sustain improvements.
