Cost Reduction

Overview

• The most effective road to profitability is to reduce costs. While it's best to increase revenue and reduce costs simultaneously, cost reduction has the most immediate and greatest impact.

• Each dollar of cost reduction can send three dollars to the bottom-line.

• Generally, the following are the causes and results from the lack of having a formal cost reduction program:

• Lack of upper management leadership
• Lack of management accountability
• Higher material costs
• Unprofitable sales and marketing programs
• Under performance in the operations, maintenance, quality, purchasing, and financial accounting areas
• Lack of productivity and greater waste

Our Cost Reduction Program

• Contact us for a confidential discussion regarding your needs and how our cost reduction program can support you and your organization.

• Our cost reduction program has been well received by both company executive management and middle managers.