Cost Reduction Strategies


Cost Reduction Strategies
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Cost Reduction Strategies


Cost Reduction Strategies
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Author : Palani Murugappan
language : en
Publisher: Blue Micro Solutions
Release Date : 2014-07-01

Cost Reduction Strategies written by Palani Murugappan and has been published by Blue Micro Solutions this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-01 with Computers categories.


The word "Cost Reduction" usually sends shivers to any employee as the first thing that comes on their mind is they may be next in line to be retrenched (worst case scenario). Alternatively, the cost reduction exercise may case many existing privileges to be removed. Thus, any cost reducing exercise sends an initial negative response to most. However, in this book, the cost reduction tips and pointers outline how any manufacturing company can reduce their costs significantly by using concepts used in Japan and many other developed countries for years. Activities such as Gemba Kaizen (continues improvement), Six Sigma, and others are pointed out as how you can use them. All these activities are supported with relevant exercises using Microsoft Excel with key chapters on using some of the more useful built-in functions.



Cut Costs Grow Stronger A Strategic Approach To What To Cut And What To Keep


Cut Costs Grow Stronger A Strategic Approach To What To Cut And What To Keep
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Author : Paul Leinwand
language : en
Publisher: Harvard Business Press
Release Date : 2009-07-15

Cut Costs Grow Stronger A Strategic Approach To What To Cut And What To Keep written by Paul Leinwand and has been published by Harvard Business Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-07-15 with Business & Economics categories.


For most companies, cost cutting in a down economy means across-the-board slashing that "spreads the pain" of budget reductions across many departments. While that may sound like the best approach for getting critical results fast and for limiting political infighting, it is a mistake-one that will leave your company weaker, not just smaller. Instead, companies that need to reduce costs should treat the challenge as an opportunity to identify and reinforce their key capabilities, while divesting from those activities that do not truly reflect the business's strengths or long-term goals. This more strategic approach will make your company more resilient as tough times continue and more robust as recovery begins. In Cut Costs, Grow Stronger, an e-book published as part of the Harvard Business Press Memo to the CEO series, Booz & Company's Shumeet Banerji, Paul Leinwand and Cesare Mainardi provide executives with the tools they need to rapidly implement capabilities-driven cost reduction. First they demonstrate how to identify and clearly articulate your company's key capabilities-not just core competencies or skill sets, but those very few strengths that, in combination, define how your organization competes. You can then use this information to create your company's unique blueprint for effective and efficient cost reduction. The authors' detailed, step-by-step framework walks you through the process, which can be completed in as little as two or three months-it's something that you can do now. This practical guide to capabilities-driven cost-cutting is the tool executives need to confront the challenge of today's economy while strengthening the foundation for what will set their company apart in the future.



How To Cut Costs And Expenses In A Business Effective Cost Reduction Strategies In A Small Business


How To Cut Costs And Expenses In A Business Effective Cost Reduction Strategies In A Small Business
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Author : Meir Liraz
language : en
Publisher: Independently Published
Release Date : 2019-03-13

How To Cut Costs And Expenses In A Business Effective Cost Reduction Strategies In A Small Business written by Meir Liraz and has been published by Independently Published this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-13 with Business & Economics categories.


Increasing profits through cost reduction must be based on the concept of an organized, planned program. Unless adequate records are maintained through a proper accounting system, there can be no basis for ascertaining and analyzing costs. Cost reduction is not simply attempting to slash any and all expenses unmethodically. The owner-manager must understand the nature of expenses and how expenses inter-relate with sales, inventories, cost of goods sold, gross profits, and net profits. My name is Meir Liraz and I'm the author of this book. According to Dun & Bradstreet, 90% of all business failures analyzed can be traced to poor management. This is backed up by my own experience. In my 31 years as a business coach and consultant to businesses, I've seen practically dozens of business owners fail and go under -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work. And that is where this book can help, it will teach you how to avoid the common traps and mistakes and do everything right the first time. Table of Contents: 1. Introduction 2. Paying The Right Price 3. Analyzing Your Expenses 4. Break-Even Analysis 5. Locating Reducible Expenses 6. Taking Action 7. Introduction to Financial Management



Strategic Cost Reduction


Strategic Cost Reduction
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Author : Tim McCormick
language : en
Publisher:
Release Date : 2011

Strategic Cost Reduction written by Tim McCormick and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business enterprises categories.


For many organisations cost reduction has been a priority for sometime. Unfortunately, it can sometimes be undertaken carelessly, or performed so persistently that it can lead to acorporate 'death by a thousand cuts'. This publication fits effective cost reduction into a wider strategic framework: the challenge being to radically reduce costs, while still surviving and prospering. Drawing on helpful theoretical insights, and complemented by New Zealand and overseas case studies and examples, it will be of value to anyone serious about cost reduction in their organisation.



Cost Reduction Strategies


Cost Reduction Strategies
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Author : Ammar Halloum
language : en
Publisher: A to Z Pub
Release Date : 2008-01

Cost Reduction Strategies written by Ammar Halloum and has been published by A to Z Pub this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-01 with Business & Economics categories.


Halloum shares his vision, strategies, and techniques to help manufacturing and service companies reduce their costs through innovative thinking, good decision making, and the planning and implementation of cost-reduction projects. (Technology Industrial Arts)



Cost Reduction Analysis


Cost Reduction Analysis
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Author : Steven M. Bragg
language : en
Publisher: John Wiley & Sons
Release Date : 2010-05-24

Cost Reduction Analysis written by Steven M. Bragg and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-05-24 with Business & Economics categories.


Discover the tools for knowing the costs your company should cut, without impacting its ability to deliver goods and services New from Steve Bragg, this book provides the tools for determining which costs a company should cut, without impacting its ability to deliver goods and services. It explains how to use throughput analysis in order to locate bottleneck operations in a company, which in turn dictates where capital investments should (and should not) be made. Delves into process analysis, to determine where excess resources are being used in a business process Describes the total cost of ownership, showing how a single purchasing decision actually snowballs into a variety of ancillary costs Shows how to create and use a spend management system to reduce procurement costs Shows how just-in-time systems can be used to eliminate inventory costs Cost Reduction Analysis: Tools and Strategies provides examples to show how much cost can potentially be eliminated to avoid drastic action later that can imperil your corporation's direction and future.



Fit For Growth


Fit For Growth
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Author : Vinay Couto
language : en
Publisher: John Wiley & Sons
Release Date : 2017-01-10

Fit For Growth written by Vinay Couto and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-10 with Business & Economics categories.


A practical approach to business transformation Fit for Growth* is a unique approach to business transformation that explicitly connects growth strategy with cost management and organization restructuring. Drawing on 70-plus years of strategy consulting experience and in-depth research, the experts at PwC’s Strategy& lay out a winning framework that helps CEOs and senior executives transform their organizations for sustainable, profitable growth. This approach gives structure to strategy while promoting lasting change. Examples from Strategy&’s hundreds of clients illustrate successful transformation on the ground, and illuminate how senior and middle managers are able to take ownership and even thrive during difficult periods of transition. Throughout the Fit for Growth process, the focus is on maintaining consistent high-value performance while enabling fundamental change. Strategy& has helped major clients around the globe achieve significant and sustained results with its research-backed approach to restructuring and cost reduction. This book provides practical guidance for leveraging that expertise to make the choices that allow companies to: Achieve growth while reducing costs Manage transformation and transition productively Create lasting competitive advantage Deliver reliable, high-value performance Sustainable success is founded on efficiency and high performance. Companies are always looking to do more with less, but their efforts often work against them in the long run. Total business transformation requires total buy-in, and it entails a series of decisions that must not be made lightly. The Fit for Growth approach provides a clear strategy and practical framework for growth-oriented change, with expert guidance on getting it right. *Fit for Growth is a registered service mark of PwC Strategy& Inc. in the United States



Cost Reduction And Control Best Practices


Cost Reduction And Control Best Practices
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Author : Institute of Management and Administration (IOMA)
language : en
Publisher: Wiley
Release Date : 2002-02-13

Cost Reduction And Control Best Practices written by Institute of Management and Administration (IOMA) and has been published by Wiley this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-02-13 with Business & Economics categories.


The official IOMA source for tips, techniques, strategies, and best practices in corporate cost-cutting This book is an authoritative and comprehensive collection of the best strategies and techniques being used to control costs across virtually every business function. Each chapter focuses on a different department or function and is built around original research, the latest strategies currently being used, and dozens of practical tips and tactics from managers around the country. Case studies and real examples illustrate this expert guide from the only truly definitive source-the Institute of Management and Administration. The book offers specific techniques and proven best practices on cutting costs in the following areas: Human resources Benefits Compensation 401(k) plans HRIS Training and development Accounting Accounts payable Credit and collections Accounting systems Logistics Purchasing Inventory Mail center Export Ideal for managers facing a crunch, financial officers trimming budgets, and small business owners who need fresh ideas for cutting costs, Cost Reduction and Control Best Practices is the ultimate resource for controlling costs simply and effectively.



Cost Reduction And Control Best Practices


Cost Reduction And Control Best Practices
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Author : Institute of Management and Administration (IOMA)
language : en
Publisher: John Wiley & Sons
Release Date : 2012-07-03

Cost Reduction And Control Best Practices written by Institute of Management and Administration (IOMA) and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-07-03 with Business & Economics categories.


Cost Reduction and Control Best Practices provides financial manages with no-nonsense, balanced, and practical strategies that are being targeted and used nationwide for controlling costs by thousands of companies in areas such as human resources, compensation, benefits, purchasing, outsourcing, use of consultants, taxes, and exports. These best practices are based on the trenches experience, research, proprietary databases, and consultants from the Institute of Management and Administration (IOMA) and other leading experts in their fields. * Provides best practices and techniques for controlling costs within a company * New chapters focus on outsourcing costs, downsizing, consultants' costs, and business tax costs * Provides the latest strategies companies re using to control costs



Cut The Fat Not The Muscle


Cut The Fat Not The Muscle
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Author : Norman Kobert
language : en
Publisher: Prentice Hall Direct
Release Date : 1995

Cut The Fat Not The Muscle written by Norman Kobert and has been published by Prentice Hall Direct this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Cost control. categories.


Shows managers how to reduce costs and improve profitability. The guide goes beyond cutting the obvious fat (excess personnel and manufacturing capacity) and suggests strategies for personnel training, product development, promotion, distribution, vendor relationships and capital expenditures.