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Strategic Cost Reduction

Strategic Cost Reduction PDF Author: Tim McCormick
Publisher:
ISBN: 9781877529160
Category : Business enterprises
Languages : en
Pages : 225

Book Description
For many organisations cost reduction has been a priority for sometime. Unfortunately, it can sometimes be undertaken carelessly, or performed so persistently that it can lead to acorporate 'death by a thousand cuts'. This publication fits effective cost reduction into a wider strategic framework: the challenge being to radically reduce costs, while still surviving and prospering. Drawing on helpful theoretical insights, and complemented by New Zealand and overseas case studies and examples, it will be of value to anyone serious about cost reduction in their organisation.

Strategic Cost Reduction

Strategic Cost Reduction PDF Author: Tim McCormick
Publisher:
ISBN: 9781877529160
Category : Business enterprises
Languages : en
Pages : 225

Book Description
For many organisations cost reduction has been a priority for sometime. Unfortunately, it can sometimes be undertaken carelessly, or performed so persistently that it can lead to acorporate 'death by a thousand cuts'. This publication fits effective cost reduction into a wider strategic framework: the challenge being to radically reduce costs, while still surviving and prospering. Drawing on helpful theoretical insights, and complemented by New Zealand and overseas case studies and examples, it will be of value to anyone serious about cost reduction in their organisation.

Fit for Growth

Fit for Growth PDF Author: Vinay Couto
Publisher: John Wiley & Sons
ISBN: 1119268532
Category : Business & Economics
Languages : en
Pages : 296

Book Description
A practical approach to business transformation Fit for Growth* is a unique approach to business transformation that explicitly connects growth strategy with cost management and organization restructuring. Drawing on 70-plus years of strategy consulting experience and in-depth research, the experts at PwC’s Strategy& lay out a winning framework that helps CEOs and senior executives transform their organizations for sustainable, profitable growth. This approach gives structure to strategy while promoting lasting change. Examples from Strategy&’s hundreds of clients illustrate successful transformation on the ground, and illuminate how senior and middle managers are able to take ownership and even thrive during difficult periods of transition. Throughout the Fit for Growth process, the focus is on maintaining consistent high-value performance while enabling fundamental change. Strategy& has helped major clients around the globe achieve significant and sustained results with its research-backed approach to restructuring and cost reduction. This book provides practical guidance for leveraging that expertise to make the choices that allow companies to: Achieve growth while reducing costs Manage transformation and transition productively Create lasting competitive advantage Deliver reliable, high-value performance Sustainable success is founded on efficiency and high performance. Companies are always looking to do more with less, but their efforts often work against them in the long run. Total business transformation requires total buy-in, and it entails a series of decisions that must not be made lightly. The Fit for Growth approach provides a clear strategy and practical framework for growth-oriented change, with expert guidance on getting it right. *Fit for Growth is a registered service mark of PwC Strategy& Inc. in the United States

Cost Reduction Analysis

Cost Reduction Analysis PDF Author: Steven M. Bragg
Publisher: John Wiley & Sons
ISBN: 0470622474
Category : Business & Economics
Languages : en
Pages : 342

Book Description
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.

Strategic Cost Management

Strategic Cost Management PDF Author: John K. Shank
Publisher: Simon and Schuster
ISBN: 0029126517
Category : Cost accounting
Languages : en
Pages : 298

Book Description
An indispensable guide for managers concerned with cost, strategy, and business re-engineering. Experts on the strategic use of cost data, the authors show how stategic cost management is revolutionizing accounting practices in leading companies. Includes numerous examples. 120 line drawings.

Cost Management

Cost Management PDF Author: Edward Blocher
Publisher: McGraw-Hill Medical Publishing
ISBN: 9780071267489
Category : Cost accounting
Languages : en
Pages : 961

Book Description
Covers the strategic management topics in cost accounting. This title helps students to understand about the management and the role of cost accounting in helping an organization succeed. It addresses issues such as: How does a firm compete? and What type of cost management information is needed for a firm to succeed?

Strategic Cost Reduction

Strategic Cost Reduction PDF Author: Michael E. Rindler
Publisher:
ISBN: 9781567932676
Category : Economics
Languages : en
Pages : 0

Book Description
According to author Michael Rindler, "Every hospital has the ability to reduce its costs by at least 5 percent annually without harming clinical quality or customer service." In Strategic Cost Reduction: Leading Your Hospital to Success, he reveals a proven, step-by-step leadership plan for managing costs at all types of hospitals in any location-from small rural hospitals to large urban academic medical centers. With a focus on leadership approaches rather than financial techniques, this book explains how to alleviate the anxiety of cost reduction efforts and engage all managers, physicians, and employees in creating a financially healthy organization. You will learn practical strategies for building a cost-reduction culture, uncovering cost-saving opportunities, promoting accountability at all levels, and monitoring results.

Target Costing

Target Costing PDF Author: Shahid L. Ansari
Publisher: Mountain Valley Pub Llc
ISBN: 9781934940693
Category : Business & Economics
Languages : en
Pages : 264

Book Description
"Target Costing is an essential tool for companies striving to achieve and maintain a position of true cost competitiveness."--Back cover.

Strategic Cost Analysis

Strategic Cost Analysis PDF Author: Roger Hussey
Publisher: Business Expert Press
ISBN: 1606492403
Category : Business & Economics
Languages : en
Pages : 176

Book Description
Increasing business competition is compelling managers not only to develop realistic and achievable strategies but also to analyze goals in financial terms and to evaluate performance. Whether in manufacturing, service, or the non-profit sector managers need to know the key methods and techniques of cost analysis. The interaction of the organisation's activities, the influences of the external world and the responsibilities of managers need to be captured in financial terms to plan, control and make decisions. Sales managers, production managers, HR managers, amongst others, are recipients of financial information which they are expected to understand. They need to appreciate the impact of their decisions on costs, selling prices, investment decisions and profit. They must be able to analyse, communicate and act on financial information to be a valuable member of the management team. This text explains in simple language the methods and techniques of cost analysis that can be applied strategically at any level in an organization. The busy manager will find that the cost information provided will help them plan and control the activities for which they are responsible and also make strategic decisions in the most effective way. Whether you are in a manufacturing or service organisation, the book will help you to answer the four questions: What did it cost? What should it have cost? How can we improve? What is our next strategic move? No prior knowledge of accounting or statistics is required. The book defines all key terms and emphasizes the essential knowledge of analyzing cost in a strategic context.

Designing Strategic Cost Systems

Designing Strategic Cost Systems PDF Author: Lianabel Oliver
Publisher: John Wiley & Sons
ISBN: 0471662690
Category : Business & Economics
Languages : en
Pages : 242

Book Description
Offering a multidisciplinary roadmap for the design, development, and implementation of a strategic cost system, this book shows how to design a cost system to become a more effective decision-making tool and a source of competitive advantage for the organisation. It describes how to structure a cost systems design project and discuss the issues that should be addressed upfront from a management, operations, and costing perspective. Includes a URL site containing key terms and helpful Excel templates. Highlights the logistics of putting together and managing the project team. Addresses the technical and political issues that may arise as the project unfolds.

Japanese Cost Management

Japanese Cost Management PDF Author: Yasuhiro Monden
Publisher: World Scientific
ISBN: 1860941850
Category : Business & Economics
Languages : en
Pages : 504

Book Description
This book deals with the systems of cost reduction that originated in Japan. These are mostly new systems that did not exist in western practices before they were utilized in Japan. The book also presents the Japanese ways of carrying out the globally popular cost reduction practices.(1) It describes the strategic cost management conducted by top management through alliances between companies and/or between government and industry.(2) It shows the functional cost reduction systems along the various phases of the product life cycle, as follows: R&D ? Product development ? Manufacturing ? Administration and indirect operations(3) It conducts some humanistic or behavioral aspects of Japanese cost reduction systems.