Lowering costs
At the end of 2006, we organised another in the series of popular presentations on the subject of “Lowering costs”.
At present, it is not sufficient to optimise costs in traditional ways. Considerably more effort should be spent on lowering costs for each activity or process.
In order to optimise costs, several generally conceived methods can be used, with which it is possible to lower all types of costs (ABC/M, Lean Manufacturing, Six Sigma), or one specialised method focused on certain selected costs, or processes (Supply Chain Management, Process Analysis and Process Re-engineering, Benchmarking, Shared services and Outsourcing).
It is important to stress that from a long-term point of view, continuous pressure on the extent of costs brings much better results than one-off cost cutting programmes which do have a short-term effect, but do not ensure the long-lasting competitiveness of the organisation.
The aim of the presentation was to provide participants with information on the possibilities of lowering costs in relation to increasing the organisation’s competitiveness.
The presentation was aimed at participants who:
- manage a company which does business in a turbulent, dynamically changing business environment with a high competitive pressure, as well as constant pressure from customers on lower prices on (of provided products and services) products and services provided,
- manage a company which has lost its competitiveness and needs to radically lower its costs,
- manage a benefit-making company, but nevertheless are aware of the need to follow up and constantly lower costs.