Cost Reduction Analysis Tools and Strategies [Hardcover]

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.

Preface xiii

PART I PRIMARY AREAS OF COST REDUCTION 1

CHAPTER 1 The Cost Reduction Process 3

Introduction 3

Need for Cost Reduction 4

Advantages of Cost Reduction 7

Disadvantages of Cost Reduction 8

Cost Reduction Politics 8

Cost Reduction Priorities 9

Cost Reduction Tools 11

Process Analysis 21

Process Analysis Tools 24

Key Cost Reduction Questions 28

Cost Reduction Reports 29

Mels.