Profit maximisation can only come about through a well researched and documented strategy. Many companies make the mistake of reducing costs without creating a sustainable plan, and later regret many cost reduction decisions. After completing our review process, we spend time on your overall strategy:
- Clear, practical and easy to implement strategy
- Purpose and objectives of cost reduction
- Advise which areas to focus cost reductions
- Timeline for cost reduction execution
- Specific roles for cost reduction execution
- Discussion & negotiations tactics with suppliers
- Optimisation strategy for supply chain
- Threats to avoid in the reduction process
- Advise areas in which to focus spending