cost reduction

The continuous improvement of productivity and quality requires first a continuous process measurement. Some companies measure losses and waste in order to identify ways for improvement. In this context, what are the most common definitions for losses in connection with waste? Also, how are losses measured in connection with waste?
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We invite you to join Controlling – Cost Decrease that aims to facilitate professional discussions on methods, techniques and controlling tools, with the ultimate goal of systematically and systemically improving the cost level.
I am the founder of this group, the author of the MCPD system and I welcome your contribution to the comm […]

One of the major challenges of sustaining the continuous improvement culture is visible connections between losses, wasteand process cost level. In this context, what are the most common methods of transforming losses and waste into costs?

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The major challenges of the top management are:
1) designing a goal system aligned with strategy, mission and vision of the company in order to continuously increase the competitiveness level including on price;
2) continuous reconciliation between the necessary cost level incurred by the market and process costs improvement opportuniti […]

In the last 5-6 years, we observed a number of phenomena in most manufacturing company that require a number of systemic changes on production systems and workflow to continuously synchronize to the market (customers, suppliers and competitors).
The major changes of external and, implicitly, internal factors that impose […]

On November 14, 2013 during The 80th ACCA technical event, PhD Alin Posteuca, Managing Partner at Exegens®, gave a lecture on Cost Reduction Program. The conference took place at Howard Johnson Grand Plaza Hotel in Bucharest.
During the event, he presented  a cost reduction program that guarantees significant re […]

Exegens® has developed a cost reduction program that guarantees significant reduction in unit costs of products and services for companies. Exegens® sets a cost reduction program in a scientific and systematic way by investigating the relationship between costs, processes and losses of equipment, people, materials and […]

Many companies struggle with Changeover Time, with OEE and with ongoing cost reduction. Sometimes companies do not see relations between OEE and profit. Inspired by this, Alin Posteuca had a presentation during ”7th International Working Conference – TQM & Advanced and Intelligent Approaches’’ Conference, Uni […]

“The difference between the required and the current cost level becomes bigger and bigger and we do not know how to address this gap.” (Financial Manager, Automotive Company).
Exegens® has developed a cost reduction program that guarantees significant reduction in unit costs of products and services for companies. E […]