cost reduction

More and more companies are lining up for the new journey of profitable digital transformation.
The following 10 major challenges of profitable digital transformation I have met in several production companies in recent months:

The Lack of Real Managerial Commitment for Digital Transformation;
Lack of a Robust Multiannu […]

Competitive Supremacy through Cost Improvement: True Productivity Reveals your Hidden Profitability

The major challenge of top managers is to find the way to consistently obtain annual and multiannual manufacturing target profit regardless of the evolution of sales volumes, increasing or decreasing.

[…]

1. Introduction

The continuous synchronization of the basic flow of the companies and the profitability of this flow is and will remain an eternal challenge of the manufacturing company to ensure the eternal prosperity in a global market. Even if different approaches are used to achieve lead time reduction […]

The interest in Cost-Competitiveness Improvement provided by MCPD has been increasing in the Asian continent in recent years.
New dimensions of MCPD were published again in Industrial Automation Magazine (Mumbai, India) in the last issue of June 2019.
Industrial Automation is a monthly magazine catering to the Factory an […]

Lately, more and more large companies have introduced a new department: COST IMPROVEMENT DEPARTMENT – with an interdepartmental and interdisciplinary approach. Some companies only have Cost Improvement Coordinator. The underlying need or mission of such a department is obvious because cost has become and tends to b […]

Annual Manufacturing Cost Improvement (MCI) Targets and Means through MCPD

In the last period, the basic features of planning and control of manufacturing flow have as main objectives:

cost down and cash up and then
delivery times with inventory, WIP and stocks levels and lead time with productivity(even if the la […]

The basic goal of MCPD thinking is to ensure a sustainable competitive supremacy through cost-competitiveness improvement to achieve real structural profit reform based on productivity reform.
At the beginning of the MCPD projects, managers and practitioners are concerned about:

concomitant reconciliation between the […]

Often, one of the first questions that I ask top managers is about the current and future production capacity needed in connection with the vision and mission of productivity.
Successful planning and implementation of strategic Kaizen and Kaikaku for cost improvement requires answers to questions such as:

What is the s […]

Sales Decrease Scenario: Internal Target Profit by Minimizing Inputs

Over the life of each company, shorter or longer periods of decline in sales may occur. The causes of these decreases may be diverse from internal causes of the company (lower quality level, increased cost level, slowing innovation, unsynchronized proces […]