cost reduction

After the various improvements have been implemented, the total value of the cost improvement often seems to be high, but it does not seem to bring visible improvements in business results (especially competitive price, volume and profit).
Having spent a lot of time in several companies lately, the current challenges are […]

Indirect materials have amazing costs in most companies. However, often their standardization and improvement is not a continuous focus for companies (with visible results).
Large variations between system and factual data are often encountered, increasing and generating large and continuous discussions.
Often those invo […]

Companies need to be focused on continually planning and developing their Profitability Lifelong Journey on the basis of Innovation, Productivity and Leadership Lifelong Journey.
For this, being convinced that if people first learn, then they will be able to work, we have developed 53 training & workshop programs of […]

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 […]