Skip to content
Cost Reduction Measures: Analysis, Tools and Implementation
-
Analyzing Profitability at product line, product and customer level etc
-
Developing and modifying Product Pricing systems
-
Profit and Loss Forecasts
-
Investigating and reporting on Production Efficiencies, Work Order Variances, Scrap Analysis, Stocks and Other Key Performance Indicators
-
Annual Budget Preparation including labour and cost of sales budget
-
Providing financial analysis support to assist Decision Making in Relation to Introduction of New Products/Services, Operational and Supply Chain Activities, Contract Negotiations etc
-
Conducting Closing Stock Evaluation
-
Conducting Performance Appraisal involving various departments, processes, employees and the organization as a whole
Cost Reduction Tools:
-
5 S system implementation
-
7 QC Tools
-
Lean Management Systems
-
Time and Motion Studies