Effective, practical methods for guaranteed results
Cost reduction is a proven strategy for improving profits. Yet
it is remarkable how often businessmen and managers pay lip
service to the subject while examining various options to improve
profits. This is because it is difficult to initiate a
comprehensive cost reduction program unless you know where to
start. Today's fierce competition, however, demands more serious
and formal attention to the discipline of cost reduction.
Drawing on his own successful and extensive experience in
reducing costs and improving profits, author Harry Figgie shows
businessmen and managers how to implement an effective and
comprehensive cost reduction program that will provide immediate
and long-lasting results for their businesses. He also
demonstrates how, dollar for dollar, profit improvements derived
from cost savings are worth more to a company than equal profits
resulting from growth in sales.
This book will arm you with the three basic and proven steps
for achieving effective cost savings—Organization Analysis, Ratio
Analysis and Work Sampling—and also offers dozens of valuable
tips for cutting costs, including day-to-day guidelines,
extensive checklists and easy-to-use analytical techniques. Harry
Figgie's 30-day "quick and dirty" action program will
lead to immediate results. Among the important cost-cutting
topics covered are :
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Setting Priorities
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Sales Forecasting
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Inventory Control
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Pricing
-
Product Redesign
-
Lobour Costs
Businessmen and managers looking to conserve cash and improve
their firm's botton-line performance in today's competitive and
demanding times will find this book pays for itself many times
over.