Bragg S.M. Cost Reduction Analysis: Tools and Strategies

Wiley, 2010. – 336 p. – ISBN: 0470587261, 9780470587263Discover the tools for knowing the costs your company should cut, without impacting its ability to deliver goods and services
New from Steve Bragg, this book pres the tools for determining which costs a company should cut, without impacting its ability to deliver goods and services. It explains how to use throughput analysis in order to locate bottleneck operations in a company, which in turn dictates where capital investments should (and should not) be made.
Delves into process analysis, to determine where excess resources are being used in a business process
Describes the total cost of ownership, showing how a single purchasing decision actually snowballs into a variety of ancillary costs
Shows how to create and use a spend management system to reduce procurement costs
Shows how just-in-time systems can be used to eliminate inventory costs
Cost Reduction Analysis: Tools and Strategies pres examples to show how much cost can potentially be eliminated to avoid drastic action later that can imperil your corporation's direction and futurePrimary Areas of Cost Reduction
The Cost Reduction ProcessNeed for Cost Reduction
Advantages of Cost Reduction
Disadvantages of Cost Reduction
Cost Reduction Politics
Cost Reduction Priorities
Cost Reduction Tools
Process Analysis
Process Analysis Tools
Key Cost Reduction Questions
Cost Reduction Reports
MetricsSelling and Marketing Cost ReductionCustomer Mix Analysis
Customer Class Analysis
Sales Region Analysis
Dropped Customer Analysis
Price Setting with Throughput Analysis
Sales Productivity Analysis
Sales Effectiveness Analysis
Salesperson Analysis
Finding Throughput Problems in Sales
Sales Process Flow
Sales Deduction Systems
Collections by the Sales Staff
Marketing Cost Reductions
Sales and Marketing MetricsProduct AnalysisTarget Costing
Targeted Price Increases
Eliminate Unprofi table Products
Add New Products
Outsource Products
Product Rework Costs
Custom Product Costs
Product MetricsProduction Cost ReductionThroughput Analysis
Product Line Complexity
Production Flow
Cellular Manufacturing
Continuous Flow
Monument Equipment
Quick Changeovers
Assembly Line Confi guration
Assembly Line Length
Container Sizes
Source Inspection
Control Chart Analysis
Mistake Proofi ng
Expediting
Maintenance Planning
Machinery Standardization
Machinery Assignment
MetricsPayroll Cost ReductionAnalysis for a Workforce Reduction
Cost of a Workforce Reduction
Alternatives to a Workforce Reduction
Manage Payroll Expenses at the Hiring Stage
Combat Institutionalized Pay Increases
Restructure Commissions
Restructure the Workforce
Hire Contractors
Other Types of Payroll Cost Reduction
Worker Adjustment and Retraining Notification Act
Payroll Cost MetricsBenefits Cost ReductionBenefits Administration
Disability Insurance
Life Insurance
Medical Insurance
Pensions
Seasonal Bonuses
Sick Time
Snacks
Training
Vacation Time
Wellness Programs
Workers' Compensation Insurance
Miscellaneous Perquisites
Free Benefits
MetricsProcurement Cost ReductionStandard Procurement Process Flow
Procurement Cards
Evaluated Receipts System
Additional Procurement Process Flow Changes
Supplier Consolidation
Supplier Relations
Additional Cost Reduction Considerations
MetricsSpend AnalysisSpend Database
Spend Analysis
Spend Analysis Reports
Spend Analysis Rollout
Third-Party Spend Management Systems
Low-Cost Spend Management Systems
MetricsMaintenance, Repair, and Operations AnalysisProblems with MRO Cost Reduction
MRO Cost Reduction Methodology
Distributor’s Viewpoint
MetricsAsset Reduction
Inventory AnalysisInventory Purchasing
Inventory Receiving
Inventory Storage
Bill of Materials
Obsolete Inventory
Miscellaneous Topics
MetricsFixed Asset AnalysisFixed Asset Acquisition Analysis
Fixed Asset Installation Reporting
Postinstallation Audit
Outsourcing Alternative
Lease versus Buy Decision
Feature Reduction Analysis
Asset Commoditization
Monument Analysis
Facility-Specifi c Considerations
Fixed Asset Retention Analysis
Fixed Asset Maintenance Analysis
Fixed Asset Location Tracking
Fixed Asset Condition Tracking
Fixed Asset MetricsSpecial Topics
Throughput AnalysisTheory of Constraints
Operational Aspects of the Theory of Constraints
Nature of the Constraint
Defi nitions for the Financial Aspects of the Theory of Constraints
Financial Aspects of the Theory of Constraints
Opportunity Cost of Operations
Locating the Constraint
Management of the Constrained Resource
Types of Policy Constraints
Constraint Buffer
Production Scheduling 73
Batch Sizes
Capacity Reduction Analysis
Work Center Utilization
MetricsCost Reduction in Mergers and AcquisitionsIntegration Timing
Integration Planning
Synergy Realization
Integration Manager
Integration Team
Integration Communications — Internal
Integration Communications — External
Employee Integration — Qualifi cation Assessment
Employee Integration — Job Positioning
Employee Integration — Relocations
Employee Integration — Key Employees
Layoffs
Compensation Integration
Sales Integration
Process Integration
Technology Integration
Metrics
Integration Pacing