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Earlier this year Granite set up an Internet site and bought a cheque-scanning machine to cut processing costs and help with marketing.
ECONOMIST: Small banks in America
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And the passage of the Dodd-Frank Act cut in half the processing fees banks can charge merchants, So the profits have to come from somewhere.
FORBES: Debit Card Fees: There's A Pony In There
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In other efforts to cut costs, the Postal Service has closed or consolidated dozens of mail-processing plants and relocated or cut hours at many post offices.
WSJ: U.S. Postal Service to Cut Saturday Mail
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LevelUp will give the company an undisclosed share of the marketing revenue it generates from merchants, while allowing them to keep the cut normally produced by their processing services.
FORBES: Interchange Fees Are For Suckers: LevelUp Hints At The Future Of Mobile Payments
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Butchers cannot be cut out of deboning, since processing plants do not have enough capacity to do it all themselves.
ECONOMIST: Beef
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Farmers often form cooperatives, reform communities or put together processing and marketing agreements to cut costs.
CNN: INSIDE STORY: PHILIPPINES
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Metals are mined and wood is cut, but they are usually exported for processing and manufacturing, leaving the krai bereft of local industry.
ECONOMIST: The contest for control of one of Russia's richest regions
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In one instance, a cow fell off the processing line and was chased through the abattoir before having its legs cut and being stabbed to death, she said.
BBC: Australia halts cattle exports to Egypt over 'cruelty'
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Jobs in the private sector rose by 114, 000 in July according to Automatic Data Processing Inc but the news may be overshadowed by figures that show job cut announcements in July reached a 16-month high.
FORBES: Job Cut Announcements Hit 16-Month High, California And New Jersey Lead Cuts
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JCO, the company that operates the uranium-processing plant at Tokaimura, had quietly compiled a manual that encouraged workers to cut corners, quite illegally, to reduce costs.
ECONOMIST: All over in a flash
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Because growing seasons are short in the harsh winters of Wisconsin, the county has helped set up processing centers where squash can be canned or carrots can be kept fresh for a day and cut up before delivery.
FORBES: Wisconsin Brings Farm Food to the Schools -- and Keeps the Dollars Local