Praise for Cost Reduction Analysis Tools and Strategies
"An executive guide to achieving and maintaining 'best in class' profitability and resource management via cost reduction. This book details the operating and administrative considerations, analysis, and actions to drive reductions in a comprehensive collection of cost elements, in a clear, well-written style."
--Barrett Peterson, experienced consultant, currently Manager of Accounting Standards, Procedures, and Analysis, TTX
"Well-timed and first-rate coverage of a topic that is too often oversimplified by management. Comprehensive and readable, this will be the handbook on cost reduction for a long time to come."
--Chris Kelly, FCA, Senior Partner, Kelly Partners LLP
You can reduce costs without impacting customer loyalty or sacrificing your company's long-term goals. Filled with helpful examples and a variety of metrics specifically designed to monitor your cost reduction progress, Cost Reduction Analysis: Tools and Strategies is your ideal sourcebook for increasing profits through a successful system of cost reduction.
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.
Steven M. Bragg
Accounting Corporate Finance Rechnungswesen