Should Cost Reduction be a Priority?
Whenever I’m asked to be part of a Cost Reduction Project, I can’t help to talk about the bigger goal. I also always remember the quote “No business ever saved it’s way to greatness”. There is only one ultimate goal for any business, to profitably create value for their customers. Value is an interesting goal that people think they understand but could be understood at a much greater level. According to SAVE, the definition (and formula) for Value is …
The rest of this Article coming very soon!