Cost ReductionAs a third party with a fresh view of your business, we quickly spot cost reduction opportunities. In every company, there exists a surprising amount of low-hanging cost reduction “fruit” which, if taken advantage of, provides quick results.
What we do:
- Competitor cost structure benchmarking
- Analysis of specific actionable areas for improvement
- Setting specific goals for improvement
- Management information systems to provide real time insights toward improvement goals
Examples of our work:
Assisted owners of manufacturing company in accurately assigning cost to 200+ SKUs, helping them see where they were losing money on underpriced goods and where they had overpriced goods.