Status quo | Changing cost structure and monitoring
German companies are noticeably increasing the monitoring- and response mechanisms for costs in the company – a large number of companies expect further cost pressure due to rising personnel costs
PERCEPTION AND HANDLING OF COST DEVELOPMENT
68 % 50 %
COMMENT
• The majority ( 68 %) of the companies surveyed confirm an increased attention of the management to cost development and increased monitoring of costs ( 62 %)
• Almost half of the companies recognize changes in the cost structure
INCREASED ATTENTION OF MANAGEMENT
62 %
AMPLIFIED COST MONITORING
CHANGED COST STRUCTURE
Cost types with the strongest cost increase ( since 2020 ) and anticipation of future development ( until 2025 )
38 % 43 %
Since 2020
Until 2025
29 %
Since 2020
18 %
Until 2025
20 % 23 %
Since 2020
Personnel expenses Cost of goods OOE [ 1 ]
Until 2025
• For 38 % of companies , personnel expenses have risen the most since 2020 – even more companies expect an additional significant increase in the next 24 months
• While the costs of goods have increased for many enterprises in the past , further sharp increases are anticipated by fewer companies
[ 1 ] Other operating expenses Source : goetzpartners Cost Management Pulse Check 2023
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