Cost Reduction Techniques
Cost Reduction Techniques
Cost Reduction Techniques
REDUCTION
TECHNIQUES
I am going to deal with,
• Standard of production, tools and equipment.
• Simplification and variety reduction.
• Improvement in design.
• Labour control.
• Overhead cost control.
• Quality control.
• Market research.
• Production, planning and control.
• Inventory control.
Standard of production, tools and
equipment.
Simplification and variety reduction.
• Simplicity in manufacturing.
• Simplicity in modification.
• Improvement in design.
• Labour control.
• Overhead control.
• Quality control.
• Market research.
• Production, planning and control.
• Inventory control.
• Inventory carrying cost.
• Inventory maintenance cost.
• Cost of capital blockage.
• Deterioration.
• Where house expenses.
THANK YOU
THANK YOU