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Cost Reduction Analysis

Tools and Strategies

By: Steven M. Bragg

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Hardcover | 3 May 2010 | Edition Number 1

At a Glance

Hardcover
336 Pages

Dimensions(cm)
23.62 x 16.0 x 2.72

Hardcover

RRP $144.05

$119.75

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"An executive guide to achieving and maintaining 'best in class' profitability and resource management via cost reduction. This book details the operating and administrative considerations, analysis, and actions to drive reductions in a comprehensive collection of cost elements, in a clear, well-written style."-Barrett Peterson, experienced consultant, currently Manager of Accounting Standards, Procedures, and Analysis, TTX

"Well-timed and first-rate coverage of a topic that is too often oversimplified by management. Comprehensive and readable, this will be the handbook on cost reduction for a long time to come."-Chris Kelly, FCA, Senior Partner, Kelly Partners LLP

You can reduce costs without impacting customer loyalty or sacrificing your company's long-term goals. Filled with helpful examples and a variety of metrics specifically designed to monitor your cost reduction progress, Cost Reduction Analysis: Tools and Strategies is your ideal sourcebook for increasing profits through a successful system of cost reduction.

As every organization has learned from today's global economic climate, an ongoing commitment to cost reduction and control in both good times and bad is a surefire way to weather inevitable economic turmoil. It's true: being proactive and implementing practical cost control measures now will lessen your company's likelihood of having to take drastic actions later—actions that can imperil its direction and future.

Written by renowned accounting expert Steven Bragg, Cost Reduction Analysis: Tools and Strategies clearly lays out the tools for determining which costs your company should cut without impacting its ability to deliver goods and services. This practical book walks you through:

Specific cost reduction opportunities in sales/marketing, product design, production, payroll, and benefits

Methods for improving the procurement process to reduce operational costs

A broad array of techniques for reducing a company's investment in inventory

The best forms of analysis to follow when deciding whether to invest in a fixed asset

Why all cost reduction decisions should be based on how they impact the productivity of throughput analysis

Liberally sprinkled with concept-clarifying examples as well as a variety of metrics specifically designed to help you monitor your firm's cost reduction progress, Cost Reduction Analysis: Tools and Strategies is your ideal sourcebook for maximizing profits through a successful system of cost reduction.

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