I don't understand the statement. Cost centers, what does it mean?
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its just fiat business speak, its meaningless in v4v
In business, a cost center is typically an accounting term where costs get charged. Working in IT, we're usually frowned upon by the legions of MBAs as just being cost centers and not revenue generators or protectors.
It's usually used as a scapegoat to downsize people, too.
Disagree. Cost center definitely applies in v4v, but is more often just considered some general expense on the input side. In any endeavor with costs, as it grows, its important to track where costs are coming from. For example, my IT budget is a cost center of my general life expenses, and can be broken down further into such specific cost categories as Cloud Services (VPS, Amazon, Google, etc), Communications (Internet Provider, Phone Service) Hardware (Dev Laptop, MFA tokens, Cellphone)
Ah yes.. similar thinking is what leads to big bonuses on the front end for sales as the revenue generator, and crapping on producers actually performing fulfillment