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Increase Your Profit by Radical Cost Reduction

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Title: Increase Your Profit by Radical Cost Reduction
Author: Akhilesh N. Singh
ISBN: 9389530431 / 9789389530438
Format: Soft Cover
Pages: 236
Publisher: White Falcon Publishing
Year: 2019
Availability: 2-3 days
     
 
  • Description
  • Contents

"Increase your Profit by Radical Cost Reduction"

Cost reduction is the topmost priority for every organization to increase profitability and global competitiveness of its products.Traditional cost reduction techniques mostly based on accounting and commercial controls are reactive and superficial, cannot reduce cost in sustainable manner. Radical Cost Reduction is an innovative and focussed approach detects the cost-adding problems in the production value streams (processes), and uses TLS problem solving technique to reduce cost and increase profit.

TLS Problem Solving Technique is a synergistic three-in-one integrated model using the strengths of TOC-Lean-Six Sigma to clarify and address following three key cost management issues:
1. What makes your products costlier than your competitors?
2. How to detect the cost-adding problems of your processes?
3. How to reduce cost using TLS Problem Solving Technique?

Radical cost reduction implemented in 7 practical steps, every step is explained in detail with examples of real case studies of large and medium enterprises. A TLS case study given in the book explains how a large steel plant saved more than Rs.900 millions per annum by reducing setup time of steel making furnace? How a medium scale industry reduced its working capital by 35% through inventory reduction?

Contents of the book presented in "Learning by Doing" mode. Managers can use the book for self-learning and training & development of problem solving skill of their teams to reduce cost, improve quality, on-time delivery, and profitability of organization. An effective technique that can increase your profit in millions of rupees by cost reduction.

Preface
Acknowledgements

Chapter 1 : Context
Chapter 2 : Goal of the Organization
Chapter 3 : Basic Cost Concepts
Chapter 4 : Radical Cost Reduction
Chapter 5 : Theory of Constraints
Chapter 6 : Lean Manufacturing
Chapter 7 : Six Sigma
Chapter 8 : Selection of Cost Reduction Projects
Chapter 9 : Problem Solving Methodology
Chapter 10 : Radical Cost Reduction Implementation
Chapter 11 : Case Study- Cost Reduction through Cycle Time Reduction
Chapter 12 : Case Study- Cost Reduction through Quick Changeover
Chapter 13 : Case Study- Cost Reduction through Inventory Management
Chapter 14 : Time for Action

About the Author
Radical Cost Reduction Workshop

 
 
 
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