Only those companies will survive who will be able to manage their costs well. Cost reduction may not improve quality but this is for sure that quality improvement can reduce the cost. In current times, profitability increase is directly proportional to cost reduction.
Cost reduction project will aim to identify the cost structure of the company and search for opportunities where costs could be reduced.
Who is it for?
Any kind of manufacturing or service organization.
What will you get?
Improvement in effectiveness
Increase in business profit
Reduction in processing or manufacturing cost
How to Achieve it?
Diagnostic Assessment of current practices w.r.t. best practices