Author Archive

Cost Value Analysis

February 03, 2011  |   Posted by :  



Cost Value Analysis (CVA) is an effective way to reduce the costs of a business’ own products by evaluating all cost aspects of a product or service to determine if cost-improvement opportunities are available. In other words: Are individual material / components ...

Raw Material Increase

February 03, 2011  |   Posted by :  



Raw Material Increase (RMI) allows the partners in a sourcing agreement to regularly review the “market cost” of a specific raw material, which is used in the manufacturing of the sourced component. RMI is a cost reduction process, which applies to ...

Cost Improvement

February 03, 2011  |   Posted by :  



COST IMPROVEMENT is a long-term approach to improving the fundamental use of the organizations’ resources.  As a is a continuous improvement activity, it includes cost reduction, cost savings, restructuring and business turnaround activities.  COST IMPROVEMENT looks at the entire cost ...

Corporate Cost Improvement Manager

December 02, 2010  |   Posted by :  



A well structured cost improvement manager following a process oriented approach, can improve your profitability by ca. 2% of sales.  In benchmark organizations, the corporate Cost Improvement Manager usually reports to top management.  Responsible for the overall implementation, coordination, operation ...

Supplier Suggestion Program

December 02, 2010  |   Posted by :  



One of the most effective ways to improve the cost structure of materials management is to implement a supplier suggestion program. This best practice can be implemented effectively in any organization where purchased goods and services play a role. The ...

Claim Management

December 02, 2010  |   Posted by :  



Claim Management is a critical aspect of business for companies involved in providing bespoke or purpose built goods and services. It also applies to companies selling standard goods and services, but to a lesser extent. Effective management of customer or ...

Seminar Callback Form

November 10, 2010  |   Posted by :  



[contact-form 3 "Training Contact Form_Basics of Cost Improvement"]

Have a Question?

November 10, 2010  |   Posted by :  



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New: Cost Improvement Seminar

November 03, 2010  |   Posted by :  



As mentioned last month, we have launched the first in our program of seminars. Cost Improvement: The Basics for Success is a one day intensive seminar offered monthly at our training centre in Regensburg, near Munich, with frequency and ...

Financial Transparency: A Success Factor

November 03, 2010  |   Posted by :  



In order to ensure the success of a cost improvement program, it is critical that the quality of financial data being used to establish the targets and measure the successes is available, consistent and accurate. In global businesses, this can be ...

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