Cost Reduction: in Business Management

For the Kindle Store version, please refer to http://www.amazon.com/Cost-Reduction-ebook/dp/B00FAASREG/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1379779971&sr=1-1&keywords=Cost+Reduction The immediate needs for your organization will depend on the general economy, the particular sector of the economy you participate in, and unique characteristics of the organization. You may need to survive, or to recover, or to thrive at different times of your existence. This book offers hands-on options for all economic phases, for all levels of the organization chart. Ideas for cost reduction and for good management are mixed interchangeably, just as in real life. Cost reduction and control are reliable strategies in any business phase, with benefit likely to be much higher than the cost. Many of us have been told at one time or another, find ways to cut cost. An "or else" relating to survival may have been spoken or implied. An evil economy may have conveyed the same message to the organization and its executives. Chapters in this book include: Cost reduction, the basics Cost reduction management Accounting aspects; keeping the books Keep it simple, sir or sweetheart Cherry pick at the management level; examples Beyond cherry picking: examples Five very effective tools which lead to cost reduction Do your internal operating practices interfere? Value added Motivation Twice as smart Operating practice for labor operations Operating practice for materials Operating practice for overhead Risk management Made in (the name of your country here) To achieve cost reduction in a booming economy or slowdown, how to proceed? one time or continuous, big project or little idea? top down or bottom up? Yes. Who can use this book, executive or manager? engineer or accountant or scientist or line supervisor or scheduler or buyer or maintenance head? Yes. Good cost reduction practice is not standardized; there is no established check list to perform for economic health or promise that if you perform steps 1, 2, 3 and 4 you will survive, or recover, or thrive. You'll have to pick and choose what makes sense for your organization, objectives and time table. This book is full of ideas for all of you who will reduce costs. Some sections will exactly fit the challenge you face, others will offer an adaptable idea or spark a new thought process. Some will tell you something you didn't know and open a new door.