Cost Reduction Done Right

Six steps to lower costs

starr-cover.pngToo often cost reduction is done hastily as a reaction to external forces such as changed market conditions, new or stronger competitors, and commodity prices. It stands to reason then that it's often referred to as cost cutting, a term more reflective of the haphazard approach applied in those situations rather than a structured and systematic method.

You will learn how to:

  • Not throw the baby out with the bathwater
  • Understand how and where costs are generated
  • Understand where the highest costs are and where they can be safely reduced
  • ... and where you shouldn't save costs