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.